SJPP approves guarantees involving RM1.22b in financing for OGSE industry

KUALA LUMPUR (Oct 19): Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved about 900 applications from small and medium enterprises (SMEs) and mid-size companies (MSCs), involving RM1.22 billion in financing from financial institutions through guarantee schemes for the oil and gas services and equipment (OGSE) industry since 2009 until this year.

SJPP, a wholly owned company of…