Business Investment Companies in Malaysia

Business investment companies (BICs) are a type of company that is registered with the Securities Commission of Malaysia. BICs are also known as venture capital companies (VCCs) or private equity firms (PEFs).

BICs invest in early-stage and high-growth companies. They provide financing to companies that are in the process of commercialising their products or services. BICs typically invest in companies that are in the pre-revenue or start-up phase.

BICs play an important role in the development of the Malaysian economy by supporting entrepreneurship and innovation. They help to create jobs and generate wealth.

BICs are regulated by the Securities Commission of Malaysia. They are required to have a minimum paid-up capital of RM20 million and must invest a minimum of 70% of their total assets in eligible investments.

Eligible investments for BICs include equity investments in unlisted companies, venture debt, and mezzanine financing. BICs are also allowed to invest in listed companies, real estate, and infrastructure projects.

BICs are required to submit quarterly and annual reports to the Securities Commission of Malaysia. These reports must include information on the BIC's