KUALA LUMPUR: Khazanah Nasional Bhd has set aside RM1bil under its Dana Impak Fund to assist local mid-tier companies (MTCs) build their capacity, including a possible investment into such companies.
The sovereign wealth fund, working in partnership with organisational consultancy firm Korn Ferry, will seek to help local MTCs by offering private credit facilities and capacity building programmes called Mid Tier Companies Growth Innovation Programmes (MTCGIP) as well as via equity stake investments if needed.
