MIDF to approve RM150mil in financing

The Star

2 August 2018

MIDF to approve RM150mil in financing


MIDF group chairman Tan Sri Abdul Rahman Mamat said the two schemes – the automation process guarantee and intellectual property guarantee – are in addition to the existing schemes, namely the services sector guarantee scheme, working capital guarantee scheme, and working capital guarantee scheme for startups

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) expects to approve RM150mil in financing this year under two guarantee schemes in collaboration with Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).

MIDF group chairman Tan Sri Abdul Rahman Mamat said the two schemes – the automation process guarantee and intellectual property guarantee – are in addition to the existing schemes, namely the services sector guarantee scheme, working capital guarantee scheme, and working capital guarantee scheme for startups. — Bernama

Web source: https://www.thestar.com.my/business/business-news/2018/08/03/midf-to-approve-rm150mil-in-financing/