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GOOD NEWS FOR DRB but BAD NEWS For USER.
Written by Joseph Chin of theedgemalaysia.com
Wednesday, 13 April 2011 18:11
KUALA LUMPUR: DRB-HICOM BHD []’s unit Puspakom Sdn Bhd has signed an MoU with the government to undertake the hire purchase inspection services for all vehicles.
DRB-Hicom said on Wednesday, April 13, the inspection services would be undertaken following the implementation of the newly amended Hire-Purchase Act 1967 (Amended 2010).
“The parties shall undertake the necessary steps to provide technical co-operation in various areas amongst others including the scope of inspection, method and preparation of inspection report, equipment and inspection facilities, and training and investigation,” it said.
DRB-Hicom said the hire purchase inspection would involve a “Hire Purchase 7 Points Inspection Specification” on all motor vehicles sent to Puspakom.