OUR PROFILE

Spanning over five decades of contributing to the country’s economic growth, Malaysian Industrial Development Finance Berhad (MIDF) today has strengthened its foothold in many segments of the financial services industry.

MIDF, incorporated on 30 March 1960 mainly for the purpose of ensuring access to financing for manufacturing-based small-and-medium enterprises (SMEs) as part of Malaysia’s strategy to accelerate the industrial sector development, celebrated its 50th anniversary in March 2010. From boasting the status as Malaysia’s maiden development finance institution, MIDF has over the years transformed into a diversified group.

Following its merger with Amanah Capital Partners Berhad in 2003, the acquisition of Utama Merchant Bank Berhad (UMBB) in 2004, and the establishment of MIDF Amanah Investment Bank Berhad (MIDF Investment) in 2006, the MIDF Group accentuated its ambition to become a leading financial services provider in three core business areas, namely investment banking, development finance and asset management.

MIDF Amanah Investment Bank Berhad (MIDF Investment), is the result of the integration of four subsidiaries of the MIDF Group, namely Amanah Short Deposits Berhad, Malaysia Discount Berhad, MIDF Sisma Securities Sdn. Bhd and UMBB. MIDF Investment takes pride in its comprehensive range of investment banking-related services including financial advisory, underwriting of equities and debt instruments, treasury activities and equity brokerage services.

MIDF’s Development Finance Division promotes the development of the industrial sector in Malaysia through the provision of financing for manufacturing-based and services-based small and medium enterprises. The financing includes conventional and Shari’ah-compliant financing for new projects as well as for expansion, modernisation and relocation programmes primarily in the manufacturing and services segment. The division’s financing products which are generally for the medium-to-long term, include project, machinery, factory mortgage and working capital term loans; industrial higher purchase and leasing facilities to finance acquisition of machinery and equipment as well as revolving credit and factoring facilities for working capital purposes.

MIDF Amanah Asset Management Berhad (MIDF Amanah) provides fund management services to statutory bodies, private pension funds, insurance companies, state government-related funds, charities and foundations, and corporations. MIDF Amanah is one of the leading asset management companies in Malaysia. Our investment mandates include equity, fixed income and balanced portfolios. We also manage portfolios based on specific requirements such as Shari’ah, ethical and trustee.