Malaysia Club Network (MYCN) will be raising funds through equity crowdfunding (ECF) to finance the development of its mobile app as it aims to gain traction among young party-goers.
Its ECF campaign over Ata Plus is targeting to raise RM200,000 to RM900,000, which is equivalent to a stake of 11.11% to 36%. This values the company at RM1.6mil.
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