News.

IT infrastructure and cybersecurity solutions provider, Infoline Tec Group Berhad (Infoline Tec), launched its Initial Public Offering (IPO) prospectus in a ceremony held at Avante Hotel, Petaling Jaya today, 20 June 2022.  The prospectus was launched in conjunction with Infoline Tec’s listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Malaysia) scheduled for 13 July 2022.

On 10 June 2022, the Ministry of Entrepreneur Development and Cooperatives (KUSKOP) distributed financial assistance of RM100,000 each to 56 micro and small and medium companies from the Kota Raja parliamentary constituency that suffered losses during the floods at an event held in Menara Muara, Shah Alam, Selangor.

Dato’ Charon Mokhzani, our Group Managing Director, was invited to participate in An EU-Malaysian Dialogue on Fighting Climate Change with Market Mechanisms which was held at Ritz Carlton Hotel, Kuala Lumpur and virtually via Zoom on Wednesday, 25 May 2022.

Organised by the French Embassy in Malaysia and the French Presidency of The Council of the European Union, the hybrid programme comprised of 3 roundtable discussions on the following topics:

The European Union Emissions Trading System: Lessons Learned and Next Steps
Building A Carbon Market in Malaysia: Opportunities and Challenges
Carbon Trading and International Trade

On 23 April 2022, MIDF joined SME Corp at a Majlis Penyerahan Bantuan Banjir Usahawan Keluarga Malaysia which was held at the Pusat Latihan Teknologi Tinggi (ADTEC) in Shah Alam, Selangor.

RAM Ratings has assigned corporate credit ratings (CCRs) of A1/Stable/P1 to Malaysian Industrial Development Finance Berhad (MIDF or the Group), while MIDF Amanah Investment Bank Berhad has been accorded financial institution ratings of A1/Stable/P1.