Working Visit to Jakarta, Indonesia

Working Visit to Jakarta, Indonesia

Encik Kameel Abdul Halim, President/Chief Executive Officer of Cagamas Berhad ("Cagamas"/”Company”), recently led the Cagamas team on a working visit to the office of PT. Sarana Multigriya Finansial (Persero) ("SMF") in Jakarta, Indonesia. This four-day visit served as part of the secondment programme under the Memorandum of Understanding on the Human Resources Exchange Programme between SMF and Cagamas. The primary objective of the visit was to gain a more comprehensive understanding of the secondary mortgage market in Indonesia for benchmarking purposes as well as to explore potential business and product development prospects for the innovation of the secondary mortgage market in both Malaysia and Indonesia.