Friday, March 2, 2012

MIDF Grants RM6 Billion In Loans To Manufacturing Sector

KOTA KINABALU, Feb 29 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) has granted about RM6 billion in loans to the manufacturing sector nationwide for the past five decades.

Source From (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=648965
February 29, 2012 19:31 PM

Head of Sabah MIDF, Jackson Phan Kah Boon, said of this, about 10 per cent, or RM600 million, of the loans were given to Sabahans.

Phan said he was happy that Sabahans also benefited from MIDF's financing facilities.

He said MIDF was established in 1960 and along the way it concentrated on manufacturing sector and recently it also focused on services segment.

-- BERNAMA

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