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Aspen Group reaches settlement of RM56.4m tax with IRB

Aspen said in a statement filed with the Singapore Exchange (SGX) on Wednesday that out of the total tax liability, RM19.63 million was paid to the IRB upon signing of the agreements. This resulted in a balance of tax payable of RM36.77 million, which will be settled via instalment payment over six years, it said.

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First-time buyers continued to support house prices in 1H21 — BNM

According to BNM’s Financial Stability Review report for 1H21 published on Wednesday, sustained demand from first-time house buyers for affordable property is expected to mitigate risks associated with a significant house price correction that could undermine household balance sheets and increase potential losses for banks

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