Much ventured, little gained


DIRECT investments by government agencies to fast-track the creation and success of homegrown enterprises is not a new concept. The government had done so way back in 1999 when MSC Venture Corp Sdn Bhd was created targeting early-stage investments in the technology and healthcare sectors.

This fund is no longer active. It is not known how much was invested and if there were returns, if any.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bank of England sounds inflation alarm as it holds interest rates
US weekly jobless claims unexpectedly fall
Lagenda Properties unit completes RM475mil first Sukuk Wakalah issuance
Glomac swings to profit in 1QFY27
TS Wong ceases to be substantial shareholder of Cuscapi
Enproserve secures RM12mil facility management contract from Perbadanan Putrajaya
ETA Group appoints Kau Sin Yual as chairman
PETRONAS LNG portfolio positions Malaysia to capture Asia’s growing gas demand
Tan Chong, Saike explore EV battery pack localisation in Malaysia
Ringgit ends mostly higher against major currencies, but weakens vs US dollar

Others Also Read