Signing of Memorandum of Understading between Cagamas Berhad and PT Sarana Multigriya Financial(PERSERO), Indonesia

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Cagamas signed a Memorandum of Understanding (MoU) with PT Sarana Multigriya Finansial [PERSERO] (SMF) of Indonesia which aims to enhance the mutually beneficial development of the secondary mortgage finance market in both countries. President/Chief Executive Officer Datuk Chung Chee Leong and President Director Mr. Ananta Wiyogo represented Cagamas and SMF respectively, at a ceremony witnessed by the Directorate General of State Asset Management of Indonesia and representatives from the Ministry of Finance of the Republic of Indonesia and the Ministry of Public Works & Housing Indonesia, as well as senior officials of both organisations.