Khazanah's MTDC invests RM6.2m in KLezcar


MTDC chief executive officer (CEO) Datuk Norhalim Yunus said the company has plans to add more rounds of funding for KLezcar in the future.

KUALA LUMPUR: Khazanah Nasional Bhd's unit, Malaysian Technology Development Corporation (MTDC), has invested RM6.2mil in car rental company KLezcar Travel & Tours Sdn Bhd.

MTDC chief executive officer (CEO) Datuk Norhalim Yunus said the company has plans to add more rounds of funding for KLezcar in the future, especially as the company is gearing to penetrate the Southeast Asian market from 2021 onwards.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Khazanah , MTDC , KLezcar , funding , car rental

   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Reaping the Max from streaming
The ringgit recovery
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Singapore playing roulette with casino licensing
Bidding big on Malaysian art
Inflation rises slightly in October
Building a firm facade

Others Also Read