MyCIF unveils incentives for MSMEs

Securities Commission Malaysia building at Kuala Lumpur.

KUALA LUMPUR: The Malaysia Co-Investment Fund (MyCIF) has unveiled two new incentives for micro, small and medium enterprises (MSMEs) in the upstream agriculture and bio-economy businesses to help boost national food security.

The Securities Commission (SC) said the new incentives are investments at 0% financing rate in eligible peer-to-peer financing campaigns and foregoing dividend income from investments in eligible equity crowdfunding campaigns.