WhereDaily News: Prime Global Capital Group Looks Into Applying for Money Lending License Through Malaysia's Money Lenders Act 1951
KUALA LUMPUR, MALAYSIA--(Marketwired - Sep 12, 2016) - Prime Global Capital Group Inc. (OTCQB: PGCG) ("PGCG" or the Company"), a company, through its subsidiaries, engaged principally in real estate and plantation businesses in Malaysia, today announced that the Company is looking into applying for a money lending license through the Malaysian Government's Money Lender's Act 1951, which as announced on September 8, 2016, allows developers to apply for and receive a money lending license to provide housing loans to buyers.