Malaysia first in Asean to have crowdfunding laws


KUALA LUMPUR: Malaysia is now the first Asean country to have a legal framework on crowdfunding.

Crowdfunding, a practice to raise money from the public to start up a project or venture - usually through the Internet - was one of the amendments passed in the Capital Markets and Services Bill 2015 at Parliament Wednesday.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Melaka Civil Defence Force to recruit more professionals to become associate officers
Zambry: Saudi minister committed to increasing scholarships for M'sian students
Agriculture Ministry holds engagement session with padi, rice stakeholders
Missing girl in Inanam found safe
SST increase will affect B40,M40 despite exemption, says Dr Wee
Man held over fatal shooting of police officer
Muda to hold first party polls ahead of schedule
Malaysian charged in Dublin over RM3mil cannabis seizure
Keeping an eye on their budgets
Drug cartel charge widens

Others Also Read