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Definition of SME
- (A) Manufacturing sector: Sales turnover not exceeding RM50 million OR number of full-time employees not exceeding 200.
- (B) Services and other sectors : Sales turnover not exceeding RM20 million OR number of full-time employees not exceeding 75.
- Definition of "Other Sectors"
http://www.smecorp.gov.my/index.php/en/
http://www.smecorp.gov.my/images/pdf/Guideline_New_SME_Definition_updated.pdf
Entities/Bodies related to SME in M'sia
A limited company incorporated under the Companies Act 1965 on July 5, 1972. Its main objective is to play a developmental role in supporting the Malaysia's economic development agenda by assisting marginal but potentially viable small and medium scale enterprises (SMEs), particularly enterprises without collateral or with inadequate collateral and track record to obtain financing from the financial institutions. CGC facilitates SMEs access to financing through its guarantee schemes.
This Knowledge Centre is issued by HSBC Bank Malaysia Berhad (Company No. 127776-V). This Centre is not intended as an offer or solicitation for business to anyone in any jurisdiction. It is not intended for distribution to anyone located in or resident in jurisdictions which restrict the distribution of relevant information. It shall not be copied, reproduced, transmitted or further distributed by any recipient. The information contained in this Knowledge Centre is of a general nature only. It is not meant to be comprehensive and does not constitute financial, legal, tax or other professional advice. You should not act upon the information contained in this Knowledge Centre without obtaining specific professional advice. While every care has been taken in preparing contents in this Knowledge Centre, the Bank makes no guarantee, representation or warranty (express or implied) as to its accuracy or completeness, and under no circumstances will the Bank be liable for any loss caused by reliance on any contents made in this Knowledge Centre. The Bank is entitled to update relevant contents without notice. The materials contained in this Knowledge Centre were assembled in April 2019 and were based on the public information available at that time.
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