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MDV aims to okay RM800mil loans

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.


Brighter future for venture capital firms

MANY venture capital industry players expect a brighter outlook for the industry in 2003 compared with the previous years, foreseeing more quality business plans and deals taking place despite the current weak economy.


Art and crafts on show

Here are some events and announcements for your information.


RM79m invested in 28 firms

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.


Ceiling for seed venture fund increased to RM2mil

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.


August debut for Malaysia’s first smart TV

MENARA Axis Sdn Bhd is confident that its intelligent TV, the nation#039;s first, will take the market by storm when it debuts in August.


Entrepreneur-cum-researcher makes a mark in biotech world

DR Fauziah Desa wears many hats #150; a company founder, chief executive, entrepreneur and research pharmacologist. And, she is good at it.


Mavcap to organise workshop in Penang

MALAYSIA Venture Capital Management Bhd (Mavcap) will conduct a workshop on entrepreneur development programme from May 23 to 24 in Penang.


Enerleds wins RM2mil traffic contracts

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.


Mavcap to pump RM200m into firms

MALAYSIA Venture Capital Management Bhd (Mavcap) will invest RM200mil to seed at least 70 companies under its newly-launched cradle investment programme (CIP).