SC Kicks Off Roadshow In Penang To Promote Co-Investment Scheme For NIMP
GEORGE TOWN, Sept 2 (Bernama) -- The Securities Commission Malaysia (SC) today kicked off an outreach campaign to promote the New Industrial Master Plan 2030 Strategic Co-Investment Fund (NIMP CoSIF), starting with an inaugural roadshow in Penang.
In a statement, the SC said NIMP CoSIF aims to be a potential growth catalyst for Penang-based small and medium enterprises (SMEs) and mid-tier companies (MTCs), particularly those at the forefront of manufacturing innovation.
“Launched in February 2025 by the Ministry of Investment, Trade and Industry and the SC, NIMP CoSIF is a public-private co-investment scheme (that) enables the government to co-invest with private investors in businesses across the 21 target sectors identified under the NIMP.
"With an initial allocation of RM131.5 million, NIMP CoSIF is designed as a blended financing instrument leveraging two types of capital market funding options, namely equity crowdfunding (ECF) and peer-to-peer (P2P) financing," it said.
The Penang NIMP CoSIF roadshow, attended by Penang-based SMEs, MTCs and ecosystem builders, featured informative sessions on capital market funding options for smaller businesses.
SC chairman Datuk Mohammad Faiz Azmi said NIMP CoSIF addresses funding needs through the mobilisation of strategic growth capital by harnessing the depth and innovation of the capital market.
“By reducing funding risks and unlocking capital via ECF and P2P platforms, CoSIF accelerates access to growth capital for these companies as well as supports strategic sectors outlined in the NIMP 2030,” he added.
The SC said more nationwide outreach programmes are in the pipeline, with upcoming roadshows scheduled to be held in Kuala Lumpur and Johor by the end of 2025.
-- BERNAMA