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GOVERNMENT AIDED

Fund - Primary Agriculture Sector / -i

Business enterprises in the primary agriculture sector

Who Can Apply


SMEs that are business enterprises in the primary agriculture sector that fulfil the following criteria:-

  • Registered with the Companies Commission of Malaysia (SSM) or authorities/district offices in Sabah and Sarawak;
  • Maximum shareholders’ funds not exceeding RM5mil;
  • Malaysians residing in Malaysia hold a minimum of 51% shareholding in the SMEs;
  • Business activities must be within Malaysia .

Purpose of Financing


  • Capital expenditures (eg; purchase of machinery and equipment or renovation cost for owner-occupied business premises);
  • Working capital;
  • Development of agricultural projects includes:-

i.Primary food production, integrated agriculture and processing/distribution of food (end-to-end)

ii.Domestic oriented (at least half of the total production is sold in domestic market)

Financing Limit


Aggregate financing up to RM5,000,000 per company

Tenure


Up to 8 years

Financing Rate


Financing rate up to 4% p.a.

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