Emerging Asian currencies are set to post significant monthly declines on Thursday, as tempered Federal Reserve rate cut expectations and some investor bets in the closely contested U.S. presidential election gave the greenback a fillip.
KUCHING: Sarawak will issue licences to agents for its Sarawak -Malaysia My Second Home programme from next year.
"This represents a significant achievement for my ministry in expanding the functionality of the current S-MM2H one-stop centre, not only to the extent of processing applications but also the licensing of S-MM2H agents," he told a press conference here on Thursday .He said agents intending to apply must be Sarawak-owned companies with no foreigners on their board of directors and a paid-up capital of RM100,000.
He said 40 agents in the state were previously licensed by Putrajaya but their licences were not renewed pending the delegation of power to Sarawak. Among others, participants must place a fixed deposit of RM500,000 for each application, including spouses and dependents.
Sarawak Licences Agents Sarawak-Malaysia My Second Home S-MM2H Abdul Karim Rahman Hamzah Requirements Fixed Deposit Shareholding Capital Board Of Directors
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