Who can invest through an ECF platform?
ECF investment opportunities are open to all investors. There are three investor categories:
Investor Type
Angel Investor
Criteria
An individual
(a) who is a tax resident in Malaysia; and
(b) whose total net personal assets exceed RM3 million or its equivalent in foreign currencies; or
(c) whose gross total annual income is not less than RM180,000 or its equivalent in foreign currencies in the preceding 12 months; or
(d) who, jointly with his or her spouse, has a gross total annual income exceeding RM250,000 or its equivalent in foreign currencies in the preceding 12 months.
Investor Type
Sophisticated Investor
Criteria
Any person who
(a) falls within any of the categories of investors set out in Part 1, Schedule 6 and 7 of the CMSA; or
(b) acquires any of the capital market product or Islamic capital market product offered or traded on a recognized market where the consideration is not less than RM250,000 or its equivalent in foreign currencies for each transaction whether such amount is paid for in cash or otherwise.
(c) falls within any of the categories of investors set out in clause 5.01 of the Guidelines on Categories of Sophisticated Investors.
Investor Type
Retail Investor
Criteria
An individual who is not an angel investor or a sophisticated investor.