Sunday, October 6, 2013

CALCULATION OF LEGAL FEES

Legal Fees (SPA)

1 - SPA legal fees based on the purchased price in the SPA

Calculation as below : -

1st RM150k - 1%
Next RM850k - 0.7%
Next RM2.0mil - 0.6%
Next RM2.0mil - 0.5%
Next RM2.5mil - 0.4%
Above RM7.5mil  - 0.4% or negotiable
Below RM45k - RM250

Example (Purchased price of RM1.7mil)
1st RM150k X 1% = RM1,500
Next RM850k X 0.7% = RM5,950
Next RM700 X 0.6% = 4,200

Total : 11,650

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