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 : Open For Business : We speak with Edward Ling, the founder of...

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

Akshaya Kumar of Human Rights Watch unpacks the criticisms against the Gaza Humanitarian Fund, which was created by Israel.

7:45 AM

Morning Brief

Soh Lian Seng of Chartered Tax Institute of Malaysia (CTIM) discusses the impact of Malaysia’s expanded SST starting July 1st.

8:00 AM

The Breakfast Grille

Fong Choong Fook, CEO of LGMS Berhad shares how the company plans to leverage the Cyber Security Act 2024 and its new subscription-based solution to capture Malaysia’s expanding cybersecurity market.

8:30 AM

Morning Brief

Amin Ashaari, SoyaCincau.com shares his thoughts on MCMC's data collection initiative.

8:45 AM

Morning Brief

Adam Saffian Ghazali, CEO of Air Selangor, shares the agency’s strategy and plans for managing water-related challenges in the Klang Valley.

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

Nursuhaiza Hashim, BIMB Securities Sdn Bhd discusses the outlook of the local healthcare sector.

9:35 AM

People, Planet, Profit

Kyle Chan, Princeton University discusses the factors behind China's EV sector dominance.

10:05 AM

Open For Business

We speak with Edward Ling, the founder of Edvance, a Malaysian fintech company that helps families afford private and international school fees, while giving schools more stability in how they manage their cash flow about why he thinks fixing the school payment system might be the most overlooked way to improve education in Malaysia.

11:00 AM

Marketing Mojo

Justin Graham, CEO of M+C Saatchi APAC and Global Network Lead, and Sharifah Menyalara Hussein, CEO and Founder of M+C Saatchi Malaysia, discuss why the agency rebranded, how it’s reshaping their work, and what it takes today to build brands that don’t just sell, but stay.

12:00 PM

Enterprise Explores

On Saturday, the world marked World Food Safety Day, showing how important it is to apply science and prevention to protect consumers. Whether it’s a packaged snack or a ready-to-eat meal, the question is — how safe is our food before it hits the shelves? Suzanne Mooney, Founder of The Lost Food Project joins us to explore what food safety looks like in practice, the current gaps in the F&B industry and the risks that follow if we just treat food safety as a checkbox, rather than an imperative business culture.

1:00 PM

The Breakfast Grille Repeat

Fong Choong Fook, CEO of LGMS Berhad shares how the company plans to leverage the Cyber Security Act 2024 and its new subscription-based solution to capture Malaysia’s expanding cybersecurity market.

2:05 PM

Discovery Hour

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

3:05 PM

Beyond the Ballot Box

A researcher from India shares insights into how the state of Kerala is eradicating poverty.

4:05 PM

Health & Living

What is it like to specialise in treating lung diseases? We find out from a consultant respiratory physician.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

8:00 PM

BBC World Service

This episode of The Food Chain talks about food supplies, how people source them, and the challenges that they have to overcome.