KUALA LUMPUR: Capital Markets Malaysia (CMM) has launched the nation’s first corporate venture capital (CVC) programme to advance the domestic venture capital and private equity ecosystem via stimulating corporate investments by large public listed companies (PLCs).
The Securities Commission Malaysia (SC) affiliate said the approach of spurring corporate interest and investments in start-ups or micro, small and medium enterprises (MSMEs) aims to build confidence in corporate venturing as a potential enabling or innovation strategy to catalyse growth.
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