On 23rd January, Crowdonomic CCO Nicola Castelnuovo was invited by the Malaysian Venture Capital and Private Equity Association (MVCA) to give a talk about equity crowdfunding (ECF), and to shed some light on the impending regulatory framework for ECF in Malaysia to their members.
A brief history about MVCA: it is an NGO that was formed in 1995, which serves “to promote and develop the venture capital and private equity industry in Malaysia, and advocates policies that enhance the environment for venture capital and private equity activities”.
As part of our engagement and outreach activity to the investor community in Malaysia, we felt that MVCA was a great platform to network with and provide a clearer idea to their members who might have heard of the regulations, but have a scant idea on how it could impact their business.
During the event, we were introduced by their Honorary Treasurer, Johan Ishak, who is the CEO of MyCreative Ventures, a Ministry of Finance-linked investment agency created to spur Malaysia’s creative industry via strategic and innovative equity funding or debt investments. Most of the questions were about the proposed regulations on ECF and how funds can participate and utilize the functionalities of an ECF platform.
Also present at the event were MVCA members who were from Malaysia Venture Capital Management Berhad, PlaTCOM Ventures Sdn Bhd, Malaysian Biotechnology Corporation, EKUINAS, PricewaterhouseCoopers Capital Sdn Bhd, OSK Ventures International Bhd, CIMB Investment Bank Bhd, Kenanga Investment Bank Bhd and many other investment houses.