MALAYSIA Debt Ventures Bhd (MDV), a debt financier and development facilitator for information and communications technology (ICT) companies, aims to approve loans totalling over RM800mil to information technology (IT)-related firms incorporated in Malaysia by the end of this year.
MDV managing director and chief executive officer Jiro Suzuki said the company (formerly known as MAVCAP Ventures Bhd) had approved loans worth RM240mil in the past three to four months and expected a further increase in loan approvals.
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