On June 28, the AOFM announced that, as a result of its invitation to submit proposals for the second round of ABSF investment, 16 proposals were received.
Of these, the four highest ranking proposals have progressed to the due diligence and credit assessment phase while another ten are continuing to be assessed. Two proposals were found to be ineligible/unsuitable.
The process of completing assessments remain an AOFM priority and further updates will be provided by the AOFM in due course.
Read more >