Applicant Eligibility Requirements:

• Entity Registration The applicant must be registered under:
  • Companies Act 1965 / Companies Act 2016,
  • Companies Commission of Malaysia 2002, and/or
  • Co-operative Societies Act 1970 or Co-operative Societies Act 1993.
• Shareholding (Equity) The applicant must be owned by Malaysian citizens with a shareholding of at least 51%.
• Company Operational Status New or existing companies implementing or planning the implementation of tourism projects. However, for TKP, existing companies must have been in operation for more than two (2) years.
• Project Location The project must be located or operating in Malaysia.