SSM raises indebtedness threshold for companies to RM50k on permanent basis

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SSM raises indebtedness threshold for companies to RM50k on permanent basis
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The initiative is in the wake of the global and domestic economic situation which may take longer to recover from Covid-19.

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The Companies Commission of Malaysia has permanently raised the indebtedness threshold for companies from RM10,000 to RM50,000 effective April 1.

Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi in a statement today said the initiative was in the wake of the global and domestic economic situation, which may take longer to recover from the slowdown due to the Covid-19 pandemic...

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