When your domain expires more than 29 days, it will enter RedemptionPeriod phase.
Renewal during RedemptionPeriod is costly, both in fees (RM750) and in paperwork. For this reason it is very important that you renew your domain before the expiry (or, in the worst case, within 29 days after expiry date).
Please note that the large REDEMPTION PERIOD renewal fee (RM750) is a result of Registry policy and cannot be waived. The whole fees (100%) will go directly to Registry (not NetKL).
RedemptionPeriod phase is normally 45 days (from 30th day to 74th day, after expiry date).
IMPORTANT ! :
- However, anybody can purchase this domain at a much higher price (thru auction) within this period, especially domain brokerage companies (eg. GoDaddy Auctions, Sedo, NameJet, NameSilo, NamePros, etc).
- If nobody buys that domain (thru auction) until 74th day, it will become available for registration (at normal price) by other parties, on 81st day.
If you have a domain that is in REDEMPTION PERIOD and wish to renew it, please make payment (of RM750) a.s.a.p & contact support@netkl.com immediately, before somebody buys it (thru auction).
We will raise an invoice for your immediate payment. After receiving your payment notification, we will request the Registry to restore the domain. This process can take approximately 3-4 business days. We will inform you of the result, accordingly.
