IRFGS is Guarantee facility provided by Malaysian Government, administered by SJPP for the purpose of financing investment to meet IRFGS's objective.
Objectives
To promote investment:
- That increase productivity
- In high value added activities (such as R&D, downstream agricultural and other activities) that promotes greater application of green technology activities.
Eligibility
- Companies from all economic sectors
- Incorporated under the Companies Act 1965 with at least 51% of its shares are being held by Malaysians.
Financing Limit
- Minimum of RM50, 000/Aggregate financing of RM50.0 million per company
Guarantee Cover
- Companies with share holding equity of less than RM20.0 million: 80% guarantee by the government
- Companies with share holding equity of more than RM20.0 million: 50% guarantee by the government
Financing Period
Guarantee Fees
- 0.5% p.a on outstanding balance
Application Deadline
- Open from 16 March 2009 to 31 December 2009 or upon approval of financing up to RM5 billion, whichever is earlier.
