(From Left to Right) : Chairman, Bond + Sukuk Information Exchange Datuk Lee Kok Kwan, Minister of Finance II,Datuk Seri Johari Abdul Ghani, Securities Commission Malaysia Chairman Tan Sri Ranjit Ajit Singh and Deputy Chief Executive, Securities Commission Malaysia.Datuk Ahmad Fairuz Zainol Abidin at the opening of the conference yesterday. - The Star
KUALA LUMPUR: The Government will set up a co-investment fund (CIF) with RM50mil from existing grants to be invested in small and medium enterprises (SMEs) with private investors through equity crowdfunding (ECF) and peer-to-peer (P2P) platforms.
According to Second Finance Minister Datuk Seri Johari Abdul Ghani, the Securities Commission (SC) would assist in establishing the fund and defining the co-investment criteria for both equity and debt financing.
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