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Malaysia sees "keen interest" from families with new SFO scheme

Heather Ng
Malaysia's new single-family office (SFO) scheme appears to be gaining traction, with wealthy families actively pursuing opportunities to establish operations in the country, according to the Securities Commission of Malaysia (SCM).
Malaysia sees "keen interest" from families with new SFO scheme

Malaysia received "expressions of interest" from 10 families after introducing tax sweeteners to bolster its wealth management position in Asia last year, according to its securities regulator.

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