How It Works – Investors
Criteria for Investors
- Ethis Malaysia offers crowdfunding services to Retail, Angel and Accredited/Sophisticated investors as described by the Securities Commission Malaysia.
- There are no restrictions for participation as investors, provided all KYC (Know-Your Customer) / AML (Anti-Money Laundering) requirements are met.
- All investors are required to acknowledge that they are willing to be treated as Retail, Angel or Accredited/Sophisticated investors whichever the case may be.
Types of Investors
Retail
- Refers to an investor other than Angel and Accredited/Sophisticated investors.
Angel
- Who is a tax resident in Malaysia; and
- Whose gross total annual income is not less than RM180,000 or its equivalent in foreign currencies in the preceding 12 months; or
- 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.
Accredited & Sophisticated
- Any person who falls within any of the categories of investors set out in Part 1, Schedule 6 and 7 of the Capital Market Services Act 2007 [Act 671] and includes a Venture Capital Corporation, Venture Capital Management Corporation, Private Equity Corporation and Private Equity Management Corporation registered with the Securities Commission Malaysia; or
- Refers to an individual whose total net personal assets exceed RM3 million or its equivalent in foreign currencies and has experience in investing in securities.
Due Diligence Criteria
- We verify all of the issuing company’s submitted documents to ensure validation before the campaign launch.
- We conduct background checks on the issuing company, its directors, shareholders and senior management to ensure compliance with AML (Anti-Money Laundering) requirements and ensure that the Issuing company has passed the Fit and Proper test.
- We inform all investors through the platform whenever there are any material adverse changes during the offering period.
