| 1 |
Total
Fund |
|
| 2 |
Preferred
Sector |
- Education
- Food & Beverage
- Healthcare
- Industrial Chemical incl. fertilizers and pesticides
- Oil and Gas
- Petroleum / Petrochemicals
- Power / Water
- Pharmaceuticals
- Waste Treatment
|
| 3.. |
Eligible
Participants |
-
Business enterprise based on the definition of SMEs
-
Maximum shareholders fund not exceeding RM2 million;
-
Shareholding by Public Listed Companies and Government Link Companies (if any) should not exceed 20%;
-
Wholly owned Bumiputera institutions residing in Malaysia incorporated under the Companies Act 1965, the Co-operative Societies Act 1993, the Societies Act 1966 and registered with the Companies Commission of Malaysia or any other authoritative bodies;
-
Not more than 7 years in operation. Discretion is given to consider SMEs with more than 7 years in operation provided average net profit is marginal over the last 3 years (i.e less than 5% net profit margin)
|
| 4 |
Limit
of Facility |
|
| 5 |
Interest
Rate |
- Maximum of 6% p.a.
(Applicable to application from 21st April 2006 and
onward)
|
| 6 |
Tenure
of Facility |
- Maximum of 5 years
[From date of first drawdown from BNM]
|
| 7 |
Purpose
of Financing |
- Expansion in productive capacity;
- Working Capital; or
- Both
|
