pitchIN: Launch of Malaysia’s 1st ever Equity Crowdfunding (ECF)-Focused Microfund Campaign

pitchIN, Malaysia’s Digital Fundraising and Investment Hub, announces the launch of Malaysia’s 1st ever Equity Crowdfunding (ECF)-Focused Microfund Campaign by Spartan Ives Capital, a registered Venture Capital firm with the Securities Commission Malaysia, and managing RM275 million in Assets Under Management (AUM).

The Spartan Elevation Fund marks a milestone in Malaysia’s financial innovation landscape by making high-growth investment opportunities available with a low capital commitment, exclusively for Angel and Sophisticated investors. 

Previously, participation in a venture capital (VC) fund was limited to only sophisticated investors, requiring a minimum investment of RM250,000.

What is the minimum investment amount?

What is so special about this Micro-fund?

How may Donald Trump’s 2024 victory impact Malaysia?

The re-election of Donald Trump in 2024 as US president has introduced a wave of uncertainty and potential shifts for global markets, including Malaysia’s.

Trump's policies on trade, energy, and currency are likely to create ripple effects that Malaysian investors, businesses, and policymakers will need to navigate. 

Should we congratulate Donald Trump? Hmmmm...

Nvm lah... It's a reality now... Here are some major highlights:

What are the Incentives and Requirements of setting up a "Single Family Office" in Malaysia?

Minister of Finance II, Senator Datuk Seri Amir Hamzah Azizan announced the Single Family Office scheme as part of incentive packages for the Forest City Special Financial Zone on 20 September 2024.

Meanwhile, Securities Commission Malaysia (SC) has been tasked with coordinating the Single Family Office incentive scheme.

This comes after the Prime Minister Dato’ Seri Anwar Ibrahim’s announcement last year on policies to encourage establishment of family offices in Malaysia to draw a larger pool of investors that will widen the financing support for SMEs and the new economy.

So, let's look at the incentives given...

Substantial stake acquisition of LPI Capital Bhd by Public Bank Bhd ~ Is it a good deal?

The rumours had finally come to an end. It's now confirmed that Public Bank Bhd (PBB) is going to acquire 44.15% stake in LPI Capital Bhd (LPI) from the family of the late Tan Sri Teh Hong Piow.

Both companies were founded by the late Tan Sri Teh, who passed away in 2022. LPI Capital is mainly in general insurance business under the brand name of Lonpac.

Lonpac currently has 21 branches throughout Malaysia and 1 branch in Singapore. LPI also operates in Cambodia through a 45%-owned associated company. The remaining effective equity interest of 55% in Campu Lonpac Insurance Plc is held by PBB.

The Proposal

• Acquirer : Public Bank Bhd
• Vendor : Family of the late Tan Sri Teh Hong Piow
• Subject : 44.15% stake of LPI Capital Bhd
  
• Offer Price : RM9.80 per share
• Offer Value : RM1.72 billion cash 💢

Let's do some analysis

The Power of the Magnificent 7 ~ Tech Titans Shaping Our Future

When it comes to the stock market, a few tech giants have consistently stood out, earning the nickname "The Magnificent 7". 👀

This elite group comprises Alphabet (Google's parent company), Amazon, Apple, Meta (formerly Facebook), Microsoft, Nvidia, and Tesla. Together, they wield unparalleled power and influence over the tech industry, finance markets, and the very fabric of our digital lives.

Let’s dive deeper into who they are and why they’re such game-changers.