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.
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...