PETALING JAYA: The Securities Commission (SC) is urging venture capital (VC) management companies to apply for the RM1bil fund committed by major institutional investors as announced in Budget 2018.
In a statement yesterday, the SC said the Venture Capital Fund Co-ordination Committee, comprising senior representatives from major institutional investors and chaired by the SC, has been established to co-ordinate the assessment and selection process of potential submissions by VC management companies.
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