PETALING JAYA: The Retirement Fund , has pledged to invest up to RM500 million over the next two years into the local venture and startup ecosystem.
The rest of the investment would be directed toward promising, early-stage companies via its Dana Perintis fund. The fund has identified potential startups to invest in, namely those which employ more than 1,000 Malaysians, he added.“The goal of Dana Perintis is two-fold: to enhance the Malaysian early-stage ecosystem, and to generate attractive and sustainable risk-adjusted returns for KWAP and our stakeholders,” said Hazman.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US firm Alton to set up RM500mil plant in JohorIt plans to invest over RM2 billion in the next seven years, says Tengku Zafrul Aziz.
Source: fmtoday - 🏆 5. / 72 Read more »
KWAP to invest RM500m into newly launched Dana Perintis fund, says chief investment officerKUALA LUMPUR, Sept 21 — Kumpulan Wang Persaraan (Diperbadankan) (KWAP) will invest up to RM500 million over the next 18 to 24 months into the newly launched fund called Dana...
Source: malaymail - 🏆 1. / 86 Read more »
Literasi kewangan rakyat Malaysia semakin baikLiterasi kewangan rakyat Malaysia semakin baik
Source: UMonline - 🏆 27. / 51 Read more »
Govt won’t interfere in Malaysia Airlines’ fares, says LokeTicket price decisions are for the carrier to make, says the transport minister.
Source: fmtoday - 🏆 5. / 72 Read more »
Jersi putih jadi buruan pasukan MalaysiaSkuad berbasikal kebangsaan melaungkan keazaman untuk merebut sekurang-kurangnya jersi putih, Pelumba Terbaik Asia menjelang perlumbaan Le
Source: UMonline - 🏆 27. / 51 Read more »
Hari hitam untuk Parlimen Malaysia -Radzi JidinPembangkang menyifatkan mesyuarat khas Dewan Rakyat semalam sebagai 'satu hari hitam' untuk Parlimen Malaysia meskipun ia berakhir dengan
Source: UMonline - 🏆 27. / 51 Read more »