seminar on investment opportunities in resource based ... · seminar on investment opportunities in...
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SEMINAR ON INVESTMENT OPPORTUNITIES
IN RESOURCE BASED INDUSTRIES
PULLMAN HOTEL, KUCHING
18 APRIL 2016
MIDF GOVERNMENT FINANCIAL
ASSISTANCE PROGRAMMES
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MIDF in brief
Incorporated on 30 March 1960.
Mandated role in helping, developing and improving the manufacturing sector in Malaysia.
Merged with Amanah Capital Partners Berhad in February 2003.
Wholly-owned by Permodalan Nasional Berhad (PNB) since February 2008.
3 core business units:-
i) Development Finance Division;
ii) MIDF Amanah Investment Bank Berhad; and
iii) MIDF Amanah Asset Management Berhad.
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FOCUS OF MIDF via Development Finance Division
MIDF is one of agencies under MITI whose main role is to provide and manage government financial assistance via providing soft loans to SMEs and Non-SMEs.
Main focus is developing the manufacturing and services sectors in Malaysia.
Emphasis is given in capacity development and ability of SMEs to be more innovative in producing products and to be able to provide high quality service delivery.
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An Integral Part Of MITI Since Inception
MIDF collaborates with MITI and its Agencies as a conduit for assisting
specific sectors and/or industries in the economic structure targeted
by the Government.
GOVERNMENT FINANCIAL ASSISTANCE PROGRAMMES
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MIDF PRODUCTS & SERVICES
Leasing Facility
Property Mortgage
Loan
Machinery / Equipment
Loan
Project Loan
Revolving Credit Facility
MIDF
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MIDF PRODUCTS AND SERVICES
Project Loan
Purpose: Financing of industrial/commercial land, construction
of building and renovation of factory/business
premises.
Loan Tenure:
Up to 25 years (inclusive Grace Period).
Margin of Finance: Up to 90% of the cost of the project.
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MIDF PRODUCTS AND SERVICES
Property Mortgage Loan
Purpose: Purchase of Factory/Warehouse/Commercial
Lots
Loan Tenure: Up to 25 years (inclusive Grace Period).
Margin of Finance:
Up to 90% of the cost of the factory or shop lot
purchased.
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MIDF PRODUCTS AND SERVICES
Machinery or Equipment Loan
Purpose: Purchase of Machinery or Equipment.
Loan Tenure: Up to 7 years (inclusive Grace Period).
Margin of Finance:
Up to 90% of the cost of new Machinery or
Equipment;
Up to 65% the cost of used/refurbished machinery or
equipment (not more than 5 years)
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MIDF PRODUCTS AND SERVICES
Leasing Facility – inclusive Leasing and Industrial Hire-Purchase
Purpose: Financing for machinery or equipment
Loan Tenure: Up to 7 years (inclusive Grace Period).
Margin of financing:
Up to 90% of the cost of new Machinery or
Equipment;
Up to 65% the cost of used/refurbished machinery
or equipment (not more than 5 years)
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MIDF PRODUCTS AND SERVICES
Working Capital Financing
Sales Revolving Credit (SRC) • Financing up to 80% of sales invoices
• Up to 120 days on revolving basis
Purchase Revolving Credit (PRC)
• Financing purchases of raw material
up to 100% • Up to 120 days on revolving basis
Working Capital Term Loan
• Financing purchase of raw material /
consumables up to 90% • Up to 5 years inclusive Grace Period
of 6 months
Financing/Loan Amount : Minimum of RM50,000 & Maximum up to RM3,000,000
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Development Finance Division (DFD)
Government Financial Assistance Programmes managed by MIDF are:- Soft Loan Scheme for Small & Medium Enterprises
(SLSME) Soft Loan Scheme for Automation & Modernisation
(SLSAM) Soft Loan Scheme for Services Sector Capacity
Development (SLSCD) Soft Loan Scheme for Services Sectors (SLSSS)
Soft Loan Scheme for Bumiputera Automotive
Entrepreneurs (SLSBAE) AP Holders
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Government Financial Assistance Programmes
Financing existing SMEs as well as new SMEs in project, fixed assets
and working capital financing.
Eligibility :
SMEs incorporated under the Companies Act 1965 or Registration
of Business Ordinance 1956;
at least 60% equity held by Malaysians;
If related to a public-listed company with shareholding not
exceeding 20%; and
Possess valid premises license.
Sectors :
Manufacturing
Manufacturing Related Services
Services (excluding insurance and financial services)
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Soft Loan Scheme for Small & Medium Enterprises (SLSME)
Financing Amount (Loan Size ) :
Minimum : RM 50,000 Maximum : RM 5 million
Eligible expenses:
Project financing, fixed assets, IT Hardware & Software and
working capital financing; Margin of Finance (Fixed Assets)
Up to 90% of the cost for new fixed assets; and
Up to 65% for used/reconditioned equipment which shall not be more than 5 years old.
Margin of Finance (Working Capital)
Up to 100% of the working capital requirements.
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Soft Loan Scheme for Small & Medium Enterprises (SLSME)
Payback Period
Land and Building - up to 25 years including grace period;
- up to 15 years (SLSSS Scheme)
Machinery and Equipment - up to 7 years including grace period;
IT Equipment - up to 4 years including grace period; and
Revolving Working Capital – Up to 150 days ( subject to yearly review)
Interest / Profit Rate: 4 % perannum on yearly rest
- 4% per annum (SMEs)
- 5% per annum (Non-SMEs)
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Why MIDF ….???
Low Interest/Profit Rates (as low as 4% per annum)
Fixed Interest/Profit Rates – Not tag to BLR
Grace Period (up to 2 years)
Available For Start-Up Companies
Advantages of MIDF’s Government Financial Assistance Programmes
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1. Northern Region Branch, Georgetown, Pulau Pinang.
Tel : 04-2298434/435/436
2. Southern Region Branch, Johore Bahru
Tel : 07-2232727, 07-2243046
3. Eastern Region Branch, Kota Bharu
Tel : 09-7483546, 09-7461679
4. Sabah Branch, Kota Kinabalu
Tel : 088-211633, 088-211523
5. Sarawak Branch , Kuching
Tel : 082-254533, 082-254203
MIDF Regional Offices
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SARAWAK Regional Offices
Level 4, Bangunan Bank Negara Malaysia
Jalan Satok
93400 Kuching, Sarawak.
Tel : 082 - 254533 / 254203
Fax No : 082 - 246343
E-mail : [email protected]
Website: http://www.midf.com.my