Chua: ‘The Government recognises the important role of the VC industry as a source of financing to emerging high-growth companies.’
KUALA LUMPUR: Thanks to strong government commitment, the Malaysian venture capital (VC) industry has witnessed high growth, with committed funds increasing to RM7.2bil as at end-2015 from RM6.2bil in 2014, said Deputy Finance Minister Datuk Chua Tee Yong.
The funds were invested in a total of 220 companies.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
