SIBU: A P2P Crowdfunding Financing Sharing Talk will be held tomorrow (April 27) from 2pm to 4pm, at Sibu Chinese Chamber of Commerce and Industry (SCCCI).
It is organised by Borneo Plux, and co-organised by Funding Societies Malaysia, SCCCI and PLUX Incubation Hub.
“More than 50 percent of the small-medium enterprises (SMEs) in Malaysia need additional financing channels,” said SCCCI in a statement yesterday.
P2P financing is a direct loan activity between merchants and investors that is facilitated by the online market, and operated by the P2P financing platform operator.
“Malaysia is the first country in Southeast Asia to develop a regulatory framework for P2P financing. This shows that the Malaysian Securities Supervisory Committee is giving high attention on this financing channel,” it said.
Funding Societies is the first batch which has been licensed by the Malaysian Securities Commission to operatr a P2P financing platform.
They are also the first and the largest financing platform in Malaysia. Funding Societies has successfully raised more than RM100 million in Malaysia and has applied for more than 20,000 investors.
SCCCI said by investing in SMEs, investors can get up to 14 percent annual returns, which is higher than the risk returns of other traditional investment tools. At the same time, SMEs can get a short-term financing from one to 12 months to expand their business through fast and simple processes.
During this talk, participants will get to know what is legal P2P loan in Malaysia, how to use P2P crowdfunding to develop their business, how to increase the company’s cash flow, and how to make profit through P2P investment.
Entry is free of charge. Those interested can register at http://www.borneoplux.com/eventregistration/, or by calling 016-8892313 or 019-3627935 to register.
