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Monday, 12 October 2026

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EMCC Secures Four Pawnbroking Licences for East Malaysia Entry

EMCC has received four pawnbroking licence approvals for Kota Kinabalu and Kuching, marking its first East Malaysian expansion after rapid network growth.

By TLA AI Editor3 min read

Kuala Lumpur, 12 October 2026 – Evergreen Max Cash Capital Berhad has secured approval for four new pawnbroking licences in Sabah and Sarawak, opening a route into East Malaysia after rapid expansion across the peninsula. The approvals cover two licences in Kota Kinabalu and two in Kuching, according to the company’s statement.

The Ministry of Housing and Local Government approved the licences, marking EMCC’s first expansion into the East Malaysian market. Executive director and group managing director Dato’ Low Kok Chuan said the immediate priority is to establish an operational presence while drawing on the group’s experience managing and expanding its existing network.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.