Malaysia Debt Ventures to disburse RM200mil IPR fund by end-2014


KUALA LUMPUR: In the wake of the strong response to its intellectual property financing scheme, Malaysia Debt Ventures Bhd (MDV) expects all of the RM200mil fund to be disbursed by end-2014.

Amiruddin Kemat, vice-president of corporate planning and communication division, said over 20 companies in the biotechnology, creative, as well as information, communications and technology industries had applied to the scheme before its official launch yesterday with three of them having been approved.

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