Plain loan restructuring refers to restructuring which may include rescheduled loans, partial cash settlement or asset disposal. SA-scheme approved refers to a Special Administrator scheme or Special Administrator appointment. Foreclosure refers to foreclosure under section 57 of the Pengurusan Danaharta Nasional Berhad Act 1998. Others refers to partial resolution, primarily involving redemption of collateral, to reduce the amount outstanding pending final resolution. Legal action mainly refers to small accounts, where all other recovery methods have been exhausted.
Recovery is pending court decisions.
Relating to loans acquired at discounted prices by Pengurusan Danaharta Nasional Berhad prior to the arrangement for Danaharta to manage the BBMB NPL portfolio. Payment made to Danaharta Urus Sdn Bhd as the manager of BBMB NPLs. Where Danaharta recovers more than the acquisition price it paid for a loan in addition to holding costs incurred, it will share the surplus recovery with the selling financial institution. Izhar Hifnei Ismail ext. Nora Shah ext.