News about funding

KUALA LUMPUR (April 5): While the roll-out of the Mass Rapid Transit Line 3 (MRT 3) augurs well for the construction sector, some analysts remain sceptical about the project due to political uncertainty and government funding constraint.

KUALA LUMPUR (Sept 24): Mah Sing Group Bhd intends to issue up to RM100 million unrated seven-year redeemable convertible sukuk murabahah to fund future investments and working capital requirements.

KUALA LUMPUR (April 15): US President Donald Trump said on Tuesday he has instructed his administration to halt funding to the World Health Organization over its handling of the coronavirus pandemic while his administration reviews its response to the global crisis, Reuters reported today.

PUTRAJAYA (Feb 6): The Government has saved some RM3.

PETALING JAYA (Oct 22): FundMyHome (FMH) is currently taking part in the two-day SCxSC Fintech Conference organised by Securities Commission Malaysia (SC).

PETALING JAYA (Sept 25): EdgeProp Sdn Bhd (EdgeProp) has been registered by the Securities Commission Malaysia (SC) as the first recognised market operator to establish and operate a property crowdfunding (PCF) platform in Malaysia, following the revision of the SC’s Guidelines on Recognised Markets in May 2019.

KUALA LUMPUR (May 18): The Securities Commission Malaysia (SC) yesterday announced the “regulatory framework” for property crowdfunding and many are seeing this move as a significant development.

  KUALA LUMPUR (March 7): The Securities Commission Malaysia (SC) has published two consultation papers to seek the public’s feedback on the proposed framework for initial coin offerings (ICOs) and property crowdfunding.

KUALA LUMPUR (Jan 15): The introduction of property crowdfunding is expected to serve certain segments of society that find it difficult to own a property, said pitchIN CEO Sam Shafie.

GEORGE TOWN (Dec 20): The federal government should set up a fund for non-Islamic places of worship (RIBI), said Penang executive councillor Jagdeep Singh Deo (pictured).