Prokhas: An Overview

Prokhas Sdn Bhd is a private limited company wholly-owned by Minister of Finance, Incorporated initially established to manage the residual assets of Danaharta after it closed its chapter on 31 December 2005. Danaharta was a success story on its own, where it had managed to achieve its NPL recovery mission during the Asian financial crisis and further assist to re-energise Malaysia’s financial sector. Prokhas was then entrusted to continue Danaharta’s work and maximise the recovery value of the residual assets.