The 2001/2002 Economic report issued by the ministry said eligible cases applying for restructuring exercise must also be exposed to at least five creditor banks compared to a minimum debt of RM50 million and two creditor banks previously.

"The final initiative would be in the area of disclosure and reporting to keep the market abreast of its restructuring efforts," said the /// paged report distributed to members of parliament.

"More importantly, the revised framework also emphasises the need for borrowers to undertake operational restructuring alongside debt restructuring," the report added.

CDRC received 62 eligible cases with debts valued at RM56,383 million up to August this year.