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Monthly Archive for: ‘November, 2014’

Clarification on MDV’s RM400 Million Loan Conversion to Equity by the Government

Malaysia Debt Ventures Berhad (MDV) would like to refer to the recent articles on the purported write-off of RM400 million loan owed by MDV to the Government. MDV wishes to state that the RM400million loan conversion to equity is not a write-off exercise and it is not due to MDV’s inability to repay the loan to the Government. The objective of the conversion exercise is to strengthen MDV’s equity position in order to balance its current portfolio size and to ensure that MDV has...

MDV and BiotechCorp Combined Efforts to Uplift the Biotech Sector in Malaysia

Malaysia Debt Ventures Berhad (MDV) today signed a Service Agreement with Malaysian Biotechnology Corporation (BiotechCorp) to further stimulate the growth of the Biotechnology sector in Malaysia through the Bioeconomy Transformation Programme (BTP). The Agreement Exchange event was witnessed by YAB Dato’ Sri Najib Tun Abdul Razak, Prime Minister of Malaysia at the University of Malaya Research Management and Innovation Complex in conjunction with the BioMalaysia & Bioeconomy Asia Pacific...
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