KUALA LUMPUR: The government will introduce a RM2.1 billion matching method through equity and quasy-equity investments to help companies facing gearing or leverage problems.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the method would be spearheaded by SME Bank in collaboration with the Bumiputera Agenda Steering Unit (TERAJU) and Bank Simpanan Nasional Bhd (BSN) with funds worth RM600 million and open to all, especially Bumiputera entrepreneurs.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!