Hextar Capital formerly Opcom Holdings Berhad has informed that its wholly-owned subsidiary, Opcom Trading Sdn. Bhd. had obtained a Moneylender license issued under the Moneylenders Act 1951 and the Moneylenders (Control and Licensing) Regulations 2003 from the Ministry of Housing and Local Government.
The license is valid for a period of two years effective from December 2023 and it is renewable upon the renewal application is made with the Ministry it said.
The once fibre and transmission cable company is diversifying to new business areas and now even allows it to undertake business of money lending services.
