Seminar on "Survive in Recession, Invest in Properties"

March 28,2009 ( Saturday )
KLCC Kuala Lumpur Conference Centre
Medium : Mandarin

Real Estate Agents can't hold a branch

This letter is written by the President of MIEA ( Malaysia Institude of Estate Agents ) regarding the issues that affect the practise and professionalism of the industry.

Dear Members,

Good day to all. We have just received a circular from the Board on the issue of holding 51% of the equity in the subsidiary of the branch firm and the revoking of circular 5/97 with immediate effect.

Many member have called MIEA and raised questions on the practicality and the effect it has on all practitioners. MIEA is concerned on its effect and we kindly seek your views on this. Please give your opinion and views on this matter in our forum or you ca officially write to us. We would after listening to you views and suggestions may take this matter to the Board. If you have not received a copy please call secretariat at 03-79602577 for a copy to be faxed to you.

We are now seeking opinion on this matter and we will in due course explain the implication on us. Watch out for this in Miea2u



K. Soma Sundram
March 3rd, 2009

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