Labuan Financial Services Authority
Labuan IBFC offers credit token business license to companies where a token, being in the form of a cheque, card, voucher, stamp, booklet, coupon, or other document is given or issued to customers by the issuer.
This credit token business license is also for companies which wish to tap into the digital space particularly relating to blockchain-based businesses.
In respect of digital tokens, Labuan credit token companies can create blockchain ecosystem to facilitate the use of digital assets by users. This could be in relation to real estate investments or for the purchase of goods and services provided by participating merchants.
For more information, please visit www.labuanfsa.gov.my
The Ministry of Housing and Local Government
The ministry of Housing and local Government (KPKT) that regulates community credit companies always ensures that only qualified creditors are licensed. This is to ensure that borrowers are always protected and their rights are guaranteed.
According to the ministry, based on studies, observations and information obtained from the money lenders association, people prefer to take out loans at community credit companies because the procedures are less complicated compared to applying for loans from banks or other financial institutions.
For more information, please visit www.kpkt.gov.my
The trust company acts as a custodian for trusts, estates, custodial arrangements, asset management, stock transfer, beneficial ownership registration, and other related arrangements.
Local "MPV Trust" in turn are set up, with the equities of the local asset companies to be held jointly by Public Licensed Trustees in the country where it operates. Such independent trust structures are setup with the sole purpose to protect the interest of MPV Credit Token holders.
MPV Trust Malaysia
Name of Asset Company
MPV Realty Malaysia Sdn. Bhd. (1327498-U)
No 27-2, Plaza Sinar, Jalan 6/38D, Taman Sri Sinar, Segambut, 51200 Kuala Lumpur.