Page 239 - SC SCAR 2023 ENGLISH Flipbook

PART 6 MARKET STATISTICS
ISSUERS
Since ECF was first established, the total number of issuers has reached 377. Nevertheless, the total number of issuers decreased to 50 in 2023, down from 66 in the previous year. While issuers continued to be mainly from Selangor and Kuala Lumpur, constituting 84% of the total issuers in 2023 (Chart 5), the proportion of issuers with a technology focus slightly decreased to 47%, compared to 57% in the preceding year. Chart 7 illustrates that the majority of issuers in 2023 have been in operation for more than 3 years.
CHART 7
Issuer: Years in business
CHART 5
Issuer: Business location
57% 56%
2022 2023
Less than 3 years
INVESTORS
3 to 6 years
More than 6 years
45%
2022 2023
32%
24%
31% 26%
42%
Selangor
CHART 6
Pulau Pinang
Johor
57%
0% Perak
47%
0% Others
2022 2023
Technology-focused issuers
53% 43%
Non-technology
CHART 8
Investor participation2
28% 23%
Kuala Lumpur
8% 8%8%
6% 3%3%
Since inception, the cumulative count of participating investors has exceeded 16,000. For a y-o-y comparison, investor participation slightly increased to 4,095 in 2023 from 4,035 in 2022 (Chart 8). First-time investors comprised 76% of ECF investors in 2023.
Technology
18
16
14
12
10 8 6 4 2 0
13.43
4.04
2022
Cumulative
16.56
4.10
2023
Per year
2
Investor participation stands for investors that have invested in a campaign.
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023 237
Percentage (%) Percentage (%)
Thousands
Percentage (%)