MDV to finance more than 300 firms with new RM4bil fund

Second Finance Minister of Malaysia Datuk Johari Abdul Ghani (second, left) and Chairman of Malaysian Debt Ventures (MDV) Tan Sri Zarinah Anwar (second, right) having a light discussion with Chief Executive Officer Malaysian Debt Ventures (MDV) Datuk Zubir Md Ansori Yahaya (center), Chief Executive Officer Maybank Investment Bank Berhad Datuk John Chong (right) and Senior Managing Director CIMB Nur Masliza Sulaiman (left) during Exchange of Documents and signing ceremony of Malaysia Debt Ventures Berhad joint lead Arrangers with Maybank Investment Bank Berhad and CIMB Investment Bank Berhad at Launch of The Third Fund yesterday.

KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV) aims to finance the operations of more than 300 companies over the next 20 years via potential disbursements amounting to RM4bil raised through its newly-launched third fund.

Managing director/chief executive officer Datuk Md Zubir Ansori Yahaya said the fund, to be raised via Islamic Medium-Term Notes (iMTN), was expected to finance between 400-500 projects, mostly in the 4.0 Industry.