BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Sukha Golden: Making Senior Living Communities More Accessible and Affordable?

Sukha Golden: Making Senior Living Communities More Accessible and Affordable?

N. Raaj Selvarajan, Founder & CEO, Sukha Golden SDN BHD

01-Jul-24 10:00

Sukha Golden: Making Senior Living Communities More Accessible and Affordable?

By 2030, Malaysia is expected to transition into an ageing society, with individuals above age 60 and older to make up 15% of the population, and this is a business opportunity that multiple businesses are looking to address, and Sukha is a new contender in the ring.

Starting back in December 2022, Sukha Golden Sanctuary initially focused on specialised support to elderly individuals with dementia and other cognitive impairments. Today the company says it has a Retirement Clubhouse concept and positions itself as focusing on holistic well-being and having a community-based care model, which we will flesh out further in the show.

To expand their services and set up the Sukha Senior Resort in PJ New Town, Sukha is trying to raise between RM3.6 million and RM6 million by offering up to 16.7% of the company via equity crowdfunding on PitchIn. This fundraise values the company at RM30 million. 

So, on top of exploring this fundraising exercise, we will dive into the story behind Sukha Golden's inception and their positioning in the senior living industry, as well as the company’s growth trajectory and projected pathway to a RM1 billion IPO in 6-10 years time.

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:  marketsmanagingentrepreneurs

Tags:  community carehealthcare solutionssenior caresenior livingequity crowdfundingageing nation





Play / Pause

Listen now : Talkback Tuesday: What was a slang word from your youth, and is...

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

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management 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

Sarah Jane Mahmud, Senior Industry Analyst, Bloomberg Intelligence discusses the outlook for Singapore banks.

7:45 AM

Morning Brief

Khairy Jamaluddin, podcaster and former Minister of Health discusses Bukit Damansara protest and sustainable urban planning.

8:00 AM

The Breakfast Grille

Koichiro Satomi, Deputy Group Managing Director of Asia Pacific Kinokuniya and Managing Director for Kinokuniya Malaysia talks about what differentiates Kinokuya from other bookstores in the country and more.

8:30 AM

Morning Brief

Nigel Wong, President of MATTA, on the tourism industry's expectations of Budget 2025.

8:45 AM

Morning Brief

Dr James Chin, Professor in Asian Studies, University of Tasmania discussing key developments on Sabah state elections.

9:00 AM

Opening Bell

(REPEAT) Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We provide an update on the FBM KLCI, the counters gaining and losing the most value, as well as the listed players that are moving the local bourse the most.

9:35 AM

People, Planet, Profit

Belinda Schape, China Policy Analyst at CREA, discusses what China’s first emissions cut target of up to 10% by 2030 means for its climate ambitions.

10:05 AM

Open For Business

Jacinta Lim, Co-Founder, Seek Sophie, on how she curates hidden-gem experiences across Asia for the travel platform.

11:00 AM

Marketing Mojo

Mimrah Mahmood, Vice President, Enterprise, Asia Pacific, Meltwater, discusses the risks of "blind spots" like WhatsApp groups and the proactive monitoring strategies brands can use to protect their reputation.

12:00 PM

Enterprise Explores

Datuk Fazlur Rahman Zainuddin, Principal Officer, Syarikat Jaminan Pembiayaan Perniagaan, explains how SJPP plays a pivotal role in helping SMEs and mid-tier companies get loans when collateral is an issue.

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

Representatives from the Gender Budget Group share their wishlist for Budget 2026 and what it takes to build a more inclusive and equal Malaysia across genders.

4:05 PM

Health & Living

Breast cancer is one of the most treatable cancers if detected early, so why are some women still refusing to do mammograms today? We speak to community advocates on how we can change things up.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

What was a slang word from your youth, and is it still in use? Also, do you know where it came from?

8:00 PM

BBC World Service

What's the appropriate portion size for your meals? This episode of The Food Chain tries to find the answer.