MDV expands second tranche of RM50m for lifts programme | Malay Mail

KUALA LUMPUR, April 29 — Malaysia Debt Ventures Bhd has expanded its second tranche of RM50 million fund for the Liquidity Financing for Technology Start-Ups programme to assist technology start-up companies.

He said the Minister of Finance ’s wholly-owned subsidiary is looking at receiving the fund in the next few weeks and targetting about 70 companies to benefit from the programme. Meanwhile, Chairman Khairul Azwan Harun said MDV planned to expand its fund management strategy from the current fintech into medtech fund and also agritech fund by establishing new variable capital company subsidiaries as fund vehicle.

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