Corporate Talk: Property Ownership Partnership with CUEPECS

By: Sarah

On 25th June 2023, Faizul Ridzuan, Chief Executive Officer of FAR Capital, delivered a briefing on property ownership partnerships among civil servants to members of the Congress of Unions of Employees in the Public and Civil Services (CUEPACS). CUEPACS is an organisation responsible for safeguarding the welfare rights of civil servants in Malaysia.

During the program, Faizul provided tips and strategies on how civil servants can leverage LPPSA financing to increase savings, reduce debt, and invest in properties. He also shared about the benefits of FAR Capital’s corporate program. Any organisation or company participating in this program would gain access to FAR Capital services such as financial management classes, debt consolidation, and opportunities to purchase properties below market prices without a deposit.

According to him, this program significantly benefits civil servants as it will help them invest their income more profitably.

“Many civil servants are unable to own their own homes. Statistics show that 60% of Malaysians are burdened with debt and have no savings, particularly among civil servants. This is because offers of personal loans from banks often entice them.”

The corporate program received positive feedback from the Chief Officers and Council Members of CUEPACS.

Source: https://www.linkedin.com/feed/update/urn:li:activity:7079724573721575424