Budget 2023: Additional RM40mil brings total funds under MYCIF to RM300mil


KUALA LUMPUR: The additional RM40 million to Malaysia Co-Investment Fund (MYCIF) will further enhance the liquidity of equity crowdfunding (ECF) and peer-to-peer (P2P) markets to better serve the financing needs of this important segment of the economy.

The Securities Commission (SC) said in a statement that with the additional funding, the available accumulated funds under MYCIF will come to RM300 million.

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SC , Securities Commission , Awang Adek , MoF , MYCIF

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