To promote active participation of middle-level Bumiputera (UMB) in competitive industries
To allow UMB to enhance his / her experience in the management and operation of a company with the potential of going for Initial Public Offering (IPO)
Criteria of Target Company
Companies with potential for listing in Bursa Malaysia within a year
Companies with a minimum of three (3) years continuous profit after tax
Size of Investment
Maximum of RM1 million and maximum of RM10 million
Govt expects franchise industry to comprise 9.4% of GDP by 2020
10 January 2012, KUALA LUMPUR :The Domestic Trade, Co-operatives and Consumerism Ministry expects the franchise industry to make up 9.4% of the country's gross domestic products (GDP) by 2020.....