BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  IEOs: When and Why a Business Can Use Digital Tokens to Raise Funds

IEOs: When and Why a Business Can Use Digital Tokens to Raise Funds

Selvarany Rasiah, Founder & CEO, Kapital DX | Kashminder Singh, Co-Founder, pitchIN

06-Jul-23 12:00

IEOs: When and Why a Business Can Use Digital Tokens to Raise Funds

Earlier this year, the Securities Commission (SC) registered two initial exchange offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd. The two registered IEO operators will be able to provide an alternative avenue for eligible companies to raise funds via the issuance of digital tokens in Malaysia.

An issuer may raise funds up to RM100 million from retail, sophisticated, as well as angel investors, however this is subject to a limit of 20 times of shareholders’ funds and other investment limits provided in the SC’s Guidelines on Digital Assets.

For more on IEOs, who it’s suitable for and how it differs from other funding methods, we speak to Selvarany Rasiah, founder and CEO of KLDX, and Kashminder Singh, Co-Founder of pitchIN.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  entrepreneursSMEfinancial wellnessinvestmentstechnology

Tags:  Initial exchange offeringKapitalDXpitchinfundraisingstartupblockchainscfintech





Play / Pause

Listen now : Talkback Tuesday: Would you support the return of caning to schools?

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler Newsletter tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Catherine Lim, Bloomberg Intelligence gives us an update on Chinese consumer sentiment.

7:45 AM

Morning Brief

Prof. Dr. Ong Kian Ming, former MITI Deputy Minister discusses the RCEP Summit and US-Malaysia trade deal.

8:00 AM

The Breakfast Grille

Mark Carney, Prime Minister of Canada speaks at the ASEAN Business and Investment Summit about Canada’s ties with ASEAN.

8:30 AM

Morning Brief

Dr Syaza Shukri of IIUM discusses the rising tension in Bersatu as dissatisfaction with Tan Sri Muhyiddin Yassin’s leadership grows.

8:45 AM

Morning Brief

Angeline Tan, analyst at ISIS Malaysia discusses US-China trade tensions and talks.

9:00 AM

Opening Bell

(REPEAT) Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler Newsletter tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

People, Planet, Profit

Datuk Muhamad Guntor Mansor Tobeng of Gading Kencana discusses the progress and gaps in implementing National Energy Transition Roadmap (NETR).

10:05 AM

Open For Business

Alvin Andrew, CEO &Founder, FUBIZO

11:00 AM

Marketing Mojo

Mimrah Mahmood, Vice President, Enterprise, Asia Pacific, Meltwater [Repeat]

12:00 PM

Enterprise Explores

Dr Carmelo Ferlito, CEO, Center for Market Education & Dr. Veerinderjeet Singh, Senior Advisor on Tax Policy, KPMG Malaysia

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

A conversation with political analyst James Chai about the changing world and the opportunities and risks that lie ahead for a middle power like Malaysia.

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

Would you support the return of caning to schools?

8:00 PM

BBC World Service