Malaysian venture capital attracts RM7.2bil in 2015

Chua: ‘The Government recognises the important role of the VC industry as a source of financing to emerging high-growth companies.’

KUALA LUMPUR: Thanks to strong government commitment, the Malaysian venture capital (VC) industry has witnessed high growth, with committed funds increasing to RM7.2bil as at end-2015 from RM6.2bil in 2014, said Deputy Finance Minister Datuk Chua Tee Yong.

The funds were invested in a total of 220 companies.