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FINANCING SCHEME

Performance Bond

Provider

Planworth Global Factoring

Objective

  • Issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond.
  • It is usually provided by a bank or non-bank financial institution (Planworth) to make sure a contractor completes designated projects.

Funding Amount

Financing amount will be depending on contract value.

Claim Method

All Planworth products are loan-based products and not grant. Fund will be disbursed to the supplier’s or client’s account (subject to approval).

Applications Document

  1. Client Application Form
  2. Director / Shareholder / 3rd Party Profile Form
  3. Certified True Copy (CTC) of:
    • Section 14 (Superform)
    • Form 9 / Section 17
    • Annual Return / Section 68
  4. Company profile with list of past and current job handling

*Non-exhaustive list

For further enquiries, reach out to the customer care.

Purpose of Financing

Alternative Financing

Eligibility

For further enquiries, reach out to the customer care.

Application Procedure

Fill the form to get the application procedure link

  • General Line
  • 016-216 2743

For any enquiries, contact our Administrator

Level 19, MoF Inc. Tower,
9, Persiaran KLCC,
50088 Kuala Lumpur,
Malaysia

+603-86558750

i-ogse@mprc.gov.my

Government Support & Services

Quick Link

Whilst every effort has been made to ensure the accuracy of the information contained in this microsite, Malaysia Petroleum Resources Corporation accepts no responsibility for any errors it may contain, or for any loss, financial or otherwise, sustained by any person using the information. We do not endorse or promote any specific financial institution or facility, nor do we guarantee the accuracy or completeness of the information provided. Please note that the financial facilities, products, and services mentioned on our website may change over time, and we do not guarantee the availability or suitability of any specific facility or service. Should there be inaccuracies, please write to us at i-ogse@mprc.gov.my

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