Malaysia Debt Ventures

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Malaysia Debt Ventures Berhad
Company typeState-owned enterprise
IndustryFinance
Founded2002
HeadquartersLevel 5, Menara Bank Pembangunan, 1016, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia
Key people
Wong Chen, Non-executive Chairman
Rizal Fauzi, Acting Chief Executive Officer
Adrian Khor, Chief Financial Officer
Marazizi Omar, Chief Business Officer
Yashvin Metha Vythy, Chief Strategy Officer
ParentMinister of Finance Incorporated
Websitewww.mdv.com.my

Malaysia Debt Ventures Berhad (MDV) was established by the Government of Malaysia in 2002 with the objective of providing flexible and innovative financing facilities to develop the Information and Communications Technology (ICT) sector that had been identified and prioritised by the Government as the catalyst for the nation’s growth.

As the nation developed, MDV’s financing mandate was concurrently extended to serve other high-impact and technology-driven sectors of the economy prioritised by the Government, including Green Technology, Biotechnology, Strategic and Emerging technology, and start-ups.

MDV also offers conventional and Shariah compliant financing solutions that cater to the requirements of young technology-based companies and start-ups with innovative products and/or services as well as sustainable business propositions, who are generally underserved by commercial financial institutions, namely credit financing for young technology-based companies. This includes Venture Debt financing for startups, for which MDV is the pioneering and largest local provider of this type of debt financing, typically used as complementary financing to equity venture capital. Venture Debt provides startups with credit financing to extend their growth runway while minimising equity dilution.

As one of the few financiers in Malaysia solely focused on technology-driven companies, MDV will continue to play a vital role in supporting the Government’s initiatives and aspiration to promote high-value technology and innovation as a path towards a high-income nation.

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