Business group asks for SPV to disburse funds to Covid-19 distressed firms


KUALA LUMPUR: A Special Purpose Vehicle (SPV) should be set up by the government and the banking sector to disburse funds to distressed companies, says a business group.

The Business Survival Group (BSG), which claims to represent the views of 262 business associations and chambers of commerce, said the SPV could be a public-private partnership modelled on Danaharta.

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