KUALA LUMPUR: The Malaysia Co-Investment Fund (MyCIF) has co-invested RM165 million in 5,349 Equity Crowdfunding (ECF) and Peer-to-Peer Financing (P2P) campaigns, benefitting 1,197 Malaysian micro, small and medium enterprises (MSMEs) by end-2020.
Securities Commission Malaysia (SC), in a statement today, said MyCIF, a fund administered by the commission on behalf of the Ministry of Finance since October 2019, has deployed the co-investments alongside private sector investments for a total of RM431 million.
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