Labuan Corporation approves RM364K discount on commercial rentals

14 Jul 2023 • 8:57 PM MYT
Daily Express
Daily Express

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Kota Kinabalu: The Labuan Corporation has approved a 50-percent rent discount totalling over RM364,000 for some of its premises.

A board meeting led by the corporation’s chairman, Tan Sri Anifah Aman, approved the discount for commercial premises on Levels 1 and 2 of the Labuan Central Market and the surrounding areas including the pig market, bus station and taxi station, according to a statement.

The Labuan Corporation has allocated a total of RM364,560 to accommodate the discount, which will be effective for a period of one year from Jan 1, 2023, benefitting 178 commercial lots.

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