When contacted, Advancecon group chief executive officer Datuk Phum Ang Kia said it was unable to give a new date for the prospectus launch at this juncture, pending queries from the SC.
PETALING JAYA: Guidelines for parties wishing to run digital investment management (DIM) services out of Malaysia have been launched, a move which should lead to new investment options for the public.
Following the passing of rules relating to equity crowd-funding and peer-to-peer (P2P) lending, the Securities Commission (SC) has now introduced the framework for DIM, making the regulator one of the more advanced in this region with regard to initiatives to bring financial inclusion to the masses through the usage of technology.
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