The Labuan International Business and Financial Centre (Labuan IBFC) is looking to strengthen is marketing outreach and development initiatives in China via a new partnership with Tricor Group. Tricor is one of the leading Trust Company Service Providers (TCSP) in Labuan IBFC. Like other service providers in the jurisdiction, it plays a significant role in Labuan IBFC's business ecosystem as it is obligatory to appoint a TCSP when setting up a Labuan-licensed entity. The arrangement has been marked by a Memorandum of Understanding (MoU), which was signed by representatives from both p...
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