Cagamas signed a Memorandum of Understanding (MOU) with the Mongolian Mortgage Corporation (MIK) of Mongolia, aimed at developing mortgage market cooperation in both countries. President/Chief Executive Officer Datuk Chung Chee Leong and Chief Executive Officer Mr. Gantulga Badamkhatan represented Cagamas and MIK respectively, at a ceremony witnessed by Encik Nik Mohd Hasyudeen Yusoff, Chairman of Cagamas Holdings and Mr. Boldbaatar Dagva from the Bank of Mongolia.