The Bumiputra Agenda Steering Unit (Teraju) and RHB Islamic Bank Bhd will collaborate to provide financing of up to RM520mil under the Teras Fund to bumiputra companies. Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop said that 250 companies had received funding to-date, including 150 firms under Teraju’s initial collaboration with SME Bank.
“Over RM1bil has been credited into the Teras Fund to benefit companies,” Nor Mohamed, who is also Teraju chairman, said……………………………………….Full Article: Source