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MALAYSIA Debt Ventures Bhd (MDV), a debt financier and development facilitator for information and communications technology (ICT) companies, aims to approve loans totalling over RM800mil to information technology (IT)-related firms incorporated in Malaysia by the end of this year.
MALAYSIA Venture Capital Bhd (Mavcap) has invested RM78.8mil of the RM500mil fund it manages, in 28 companies, said Second Finance Minister Datuk Jamaludin Jarjis.
MALAYSIAN Venture Capital Management Bhd (Mavcap), the forerunner in assisting small players in the IT field, has increased the ceiling for funding available under its Seed Ventures Fund from RM500,000 to RM2mil per start-up, its senior vice-president (direct ventures) Bernard Yaw said.
DR Fauziah Desa wears many hats #150; a company founder, chief executive, entrepreneur and research pharmacologist. And, she is good at it.
ENERLEDS Solutions Sdn Bhd, a Penang-based company involved in the research and development and marketing of high-grade light emitting diodes (LEDs), has recently secured contracts worth some RM2mil to install the LEDs system for the traffic lights at the Butterworth Outer Ring Road project and Pulau Singha Besar, in Penang.