As of 1 April 2008, responsibility for the management of ECFs along with BIS’s other equity funds and the Small Firms Loan Guarantee (SFLG) was transferred to a new body, Capital for Enterprise Limited (CfEL).
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Listed firms: 10 tax exemption, corporations holding 20 free float shares are provided 20 tax exemption.
IndyMac Bank’s failure was the fourth largest Financial institution run in the United States.
As of 1 April 2008, responsibility for the management of ECFs along with BIS’s other equity funds and the Small Firms Loan Guarantee (SFLG) was transferred to a new body, Capital for Enterprise Limited (CfEL).