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What if Funding Societies Malaysia ceases operations?
What if Funding Societies Malaysia ceases operations?

Monies in the Trustees' account will be handled by an Administrator.

Shaun avatar
Written by Shaun
Updated over a year ago

In the event Funding Societies has to stop operating whether by law, by necessity or due to any other reason, an administrator or receiver manager or liquidator (β€œ*Administrator*”) will be appointed to manage the affairs of Funding Societies.

  1. The on-going notes which remained payable to the investors will remain outstanding and payable. The payments will be collected and returned to the investors by the Administrator.

  2. The balance in trust account (investor's balance) will be redistributed to the investor of Funding Societies by the Administrator.

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