More Than RM7 Bln Mobilised Under MyCIF To Fund Over 11,500 MSMEs — SC Chairman
KUALA LUMPUR, March 16 (Bernama) — More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi. He said by co-investing alongside the crowd, MyCIF has enhanced investor confidence and has co-invested RM1.5 billion and “crowded-in” RM6.2 billion from private investors. “This means every ringgit MyCIF co-invests brings in on average RM4.13 from private investors,” he said in his welcoming remarks at MyCIF Engagement Day today. The event was graced by Finance Minister II Datuk Seri Amir Hamzah […]