Signing of Memorandum of Understanding between Cagamas Berhad and Korean Housing Finance Company 2019

Cagamas signed a Memorandum of Understanding (MoU) with the Korean Housing Finance Corporation (KHFC) to jointly explore housing financing methods to promote home ownership in their respective countries. President/Chief Executive Officer, Datuk Chung Chee Leong and Chairman/Chief Executive Officer, Mr. Jung Hwan Lee represented Cagamas and KHFC respectively, at a ceremony witnessed by the Minister of Housing and Local Government, YB Zuraida Kamaruddin, Deputy Governor of Bank Negara Malaysia, Datuk Abdul Rasheed Ghaffour, Chairman of Cagamas Holdings Berhad, Mr. Nik Mohd Hasyudeen Yusoff, Chairman of Cagamas Berhad, Dato’ Bakarudin Ishak, The World Bank Group’s Director, Ms. Zoubida Allaoua as well as senior officials from both organisations and delegates at the Constructing and Financing Affordable Housing across Asia Conference 2019.