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Boost for Malaysian startups with new fund


PETALING JAYA: Penjana Kapital Sdn Bhd will be the boost for Malaysian start-ups in the time of the new normal, said Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz.
It was introduced as part of the Government’s economic stimulus package to weather the impact of the COVID-19 pandemic, he said in his speech at the Penjana Kapital Letter of Award Handover Ceremony.
Penjana Kapital yesterday saw its first key milestone in connecting Malaysian start-ups with international Venture Capitals.
Zafrul said it would facilitate a growth path and a vibrant ecosystem for these high-potential firms to thrive.
Penjana Kapital had announced that it attracted eight venture capital fund managers from the US, South Korea, China, Indonesia and Singapore to invest in Malaysian start-ups as part of the RM1.2bil Dana Penjana Nasional programme. ....

South Korea , Malaysia General , Penjana Kapital Sdn Bhd , Penjana Kapital , Zafrul Tengku Abdul Aziz , Dana Penjana Nasional , Penjana Kapital Letter , Award Handover , Penjana Nasional , Short Term Economic Recovery Plan , தெற்கு கொரியா , மலேசியா ஜநரல் , "விருது ""ஒப்படை" , குறுகிய கால பொருளாதார மீட்பு திட்டம் ,