"Spanning over six 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 was incorporated on 30 March 1960 mainly for the purpose of ensuring access to financing for manufacturing-based small and medium enterprises (SMEs), and as part of Malaysia’s post-independence strategy to accelerate development of the industrial sector. MIDF has proven its resilience and longevity, and proudly celebrated its 60th anniversary in March 2020. Over the years MIDF has evolved into a diversified group financial services provider in three core areas – investment banking, asset management and development finance. MIDF is currently a member of MBSB Group."