Eligibility of Target group applicants
This fund is targeted especially for bus and taxi operators. Conditions of eligibility are:
| Items | Individual Application
| Company/Co-operative/Firm Application
|
| Ownership status | Open to all Malaysians | Open to every company/ cooperative/ firm owned by Malaysians.
|
Business registration
| None
| For Company and firm applicants, must be registered with Malaysia Companies Commission.
For cooperatives, must be registered with the Malaysia Cooperatives Commission.
|
| Licence from LPKP | Holds a licence or Approval offer letter (STK) from LPKP under the name of the individual/ company/ cooperation/ firm.
|
| Project | The project must have the potential to progress, may expand and able to repay the granted finance facility and operated by the licensee or STK holder. |
