Page 25 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

PR

signature
MeCapan tagla italentpro
Market

MSME’s Ata Plus prepared CrowdPlus gave TAG FundedByMe helped expand PitchIN has assisted
reason(s) for Mecapan well for La access to a diverse ITalentPro’s network through Signature Market to
choosing ECF its fundraising group of investors ECF investors, who may leverage ECF as an
and their campaign by giving and resources. These choose to contribute to its efficient method to
fundraising useful feedback and investors could business expansion. This raise capital.
experience facilitating meetings ultimately become its fundraising method also
with a diverse group of brand ambassadors. allowed ITalentPro to receive
influential people. helpful suggestions from
like-minded investors.
Main Benefit(s)
benefits and
challenges • Provides access • Allows investors • Provides access to a • Provides a
to a pool of new to contribute wide range of investors useful platform
investors; and participate – local, foreign, retail for business
• Allows investors in the business and sophisticated; and validation; and
to provide as mentors • Offers more equitable • Enhances
constructive and brand terms and conditions visibility for
feedback for ambassadors. for all parties follow-on
further growth; and compared to other funding.
• Offers an avenue fundraising methods.
for seed-stage
companies to
obtain requisite
guidance and
fundraising
support.

Challenges
• Learning the tools • Managing a • Learning to • Yet to encounter
of effective fund- pool of investors communicate with any challenges
raising; with differing a variety of investors so far.
• Managing legal mindsets and from different
documents; and opinion while countries;
• Learning to accept remaining firm • Managing a wider
planners are assigned to seniors to gain practical group of investors’
critical feedback.
on the direction
knowledge and build soft-skills, while helping of the company. expectations; and
•
Managing legal
to retain intellectual knowledge within the to transition into licensed financial planners.
documentation
firm. In exchange for mentorship and guidance, Investors stand to benefit from higher quality and
efficiently.
remuneration may then be shared between the comprehensive advice offered by financial planners
mentor and mentee. in CUTA and CPRA firms.
The liberalised fee structure for CUTA and CPRA Other initiatives to grow the segment include the
facilitates the expansion of the industry as it launch of the SmartFinance website at the annual
encourages the professional development of financial planning conference in July 2018. Funded
new entrants in the financial services industry by the Capital Market Development Fund (CMDF),
** Note: The above interview responses have been edited for brevity.

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