GOVERNMENT GUARANTEE SCHEME MADANI-I

Eligibility & Requirements

• Applicable for SMEs and Mid-Size Companies (MSC) in all sectors with at least 51% shares held and controlled by Malaysian
• Annual revenue of not more than RM500.0 million based on their audited accounts (or relevant income tax returns where applicable) for any of the financial year ending 2021 or later
• Applicants must be registered with Companies Commission of Malaysia either under Registration of Business Act (1956) or the Companies Act 1965 and/or the Companies Act 2016 or Limited Liability Partnership Act 2012; or respective authorities or district offices in Sabah and Sarawak; or respective statutory bodies for professional services providers
• Not applicable to public-listed companies on the main board of Bursa Malaysia, Government-linked companies (GLCs), Syarikat Menteri Kewangan Diperbadankan (MKDs) and state-owned enterprises. This includes subsidiaries of the entities mentioned above
• The financing cannot be used to refinance existing facility granted by the same or other banks
• Available until full utilization of the scheme limit