EQUITY CROWD­FUND­ING PLAT­FORM

Crowdo Opens New Op­por­tu­ni­ties for Both En­trepreneurs and In­vestors in Malaysia

HWM (Malaysia) - - SMB -

Af­ter re­ceiv­ing ap­proval to op­er­ate as one of six rec­og­nized mar­ket op­er­a­tor for equity crowd­fund­ing plat­forms in Malaysia from the Se­cu­ri­ties Com­mis­sion last year, Crowdo has of­fi­cially launched its equity crowd­fund­ing plat­form.

Leo Shi­mada, Co-Founder and Chief Ex­ec­u­tive Of­fi­cer of Crowdo, noted that the launch in Malaysia is timely as the com­pany be­lieves that the Malaysian startup scene is at the be­gin­ning of a dy­namic and ex­cit­ing growth phase.

“We aim to make Malaysia a flag­ship mar­ket for equity crowd­fund­ing, and we are fo­cused on build­ing a sus­tain­able and thriv­ing equity crowd­fund­ing plat­form and ecosys­tem in the coun­try. This launch is also ex­cel­lent tim­ing in light of Crowdo’s spe­cial­ized ex­per­tise in South­east Asia and our proven track record with sev­eral hun­dred projects funded in this re­gion. The re­cent for­ma­tion of the ASEAN Eco­nomic Com­mu­nity means we can an­tic­i­pate a rise in re­gional in­vest­ment flow with in­vest­ment lib­er­al­iza­tion lead­ing to the free flow of in­vest­ments and the freer move­ment of cap­i­tal across the re­gion. The ASEAN Com­pre­hen­sive In­vest­ment Agree­ment fur­ther com­mits mem­bers to lib­er­al­ize and pro­tect cross-bor­der in­vest­ment, ap­ply­ing in­ter­na­tional best prac­tices in the treat­ment of for­eign in­vestors and their in­vest­ments. In the long term, it is an­tic­i­pated that in­vest­ment cli­mates con­ducive to in­no­va­tion will de­velop,” added Shi­mada.

Equity crowd­fund­ing is a process whereby peo­ple in­vest in a com­pany that is not listed on a stock mar­ket in ex­change for shares in that com­pany. The share­holder has par­tial own­er­ship of a com­pany and stands to profit should the com­pany do well. This mech­a­nism en­ables broad groups of in­vestors to fund startup com­pa­nies and small busi­nesses.

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