MDV to swell financing for affected tech firms

MDV chairman Khairul Azwan Harun said yesterday as the nation’s technology financier, MDV understood that businesses were continuing to be affected by the current restrictions in the economy, particularly those also affected by Covid-19 and MCO 3.0.

PETALING JAYA: Malaysia Debt Ventures Bhd (MDV) plans to increase its approvals and disbursements for eligible technology companies facing short-term cash flow and funding problems.

MDV chairman Khairul Azwan Harun said yesterday as the nation’s technology financier, MDV understood that businesses were continuing to be affected by the current restrictions in the economy, particularly those also affected by Covid-19 and MCO 3.0.