Legal fees and Stamp Duty

Legal Fees

Sale And Purchase Agreement

Scale Percentage

1)First RM150,000.00 1%

2)Next RM850,000.00 0.7%

3)Next RM2,000,000.00 0.6%

4)Next RM2,000,000.00 0.5%

5)Next RM2,000,000.00 0.4%

6)Excess of RM7,500,000.00 Negotiable on the excess but shall not excess 0.4% of such excess

Loan Agreement

Scale Percentage

1)First RM150,000.00 1%

2)Next RM850,000.00 0.7%

3)Next RM2,000,000.00 0.6%

4)Next RM2,000,000.00 0.5%

5)Next RM2,000,000.00 0.4%

6)Excess of RM7,500,000.00 Negotiable on the excess but shall not excess 0.4% of such excess

Sales and Purchase Agreement Stamp Duty Rates:

First RM 100,000.00 = 1%

Next RM 100,000.01 – RM 500,000.00 = 2%

Next RM 500,000.01 – RM 2,000,000.00 = 3%

Above RM 2,000,000.00 = 4%

Loan Agreement Stamp Duty Rates:

Any Amount = 0.5%