Simplyfi Malaysia

Wishing you a warm and joyful Winter Solstice Festival! May this special day bring you moments of peace, connection with loved ones, and delicious festive treats. #Simplyfi #BusinessTransformation #AI #FinancialForecasting #DigitalTransformation #StrategicPlanning

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐋𝐞𝐯𝐞𝐥𝐬 𝐔𝐩 𝐈𝐭𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐆𝐚𝐦𝐞! Singapore just took a major leap forward in its journey to become a global fintech powerhouse! The Monetary Authority of Singapore (MAS) has launched the Global Finance & Technology Network (GFTN), replacing Elevandi to further strengthen its position as a leading fintech hub. What does this mean? GFTN will be a one-stop shop for fintech innovation, offering: - Get guidance on navigating the world of fintech. - Connect with digital platforms and leading innovators. - Support promising tech startups with social and environmental impact. This move will not only benefit Singapore's fintech ecosystem but also propel the country's economy forward. By connecting businesses and individuals with the resources and opportunities they need to thrive, GFTN is shaping the future of finance in Singapore and beyond. Be part of the Simplyfi™ Connect community and stay ahead of the curve with valuable business opportunities. https://lnkd.in/gMvNzB63 #Simplyfi #Finance #BusinessTransformation #Economics #FinancialForecasting #DigitalTransformation #StrategicPlanning #Fintech

𝐕𝐚𝐧𝐳𝐨 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐌𝐚𝐤𝐞𝐬 𝐚 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐁𝐮𝐫𝐬𝐚 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚 𝐃𝐞𝐛𝐮𝐭 Vanzo Holdings Bhd (KL:VANZO) ended its ACE Market debut on 17th December 2024 with a 10% rise from its initial public offering (IPO) price of 15 sen, raising close to RM21 million. Shares of the air fragrance maker opened at 17.5 sen, a 2.5 sen or 16.7% premium to its IPO price of 15 sen per share.  📈 Already the most active counter, Vanzo is poised for growth, with plans for expansion and increased brand visibility. In a statement by Tricor Investor & Issuing House Services Sdn Bhd, Vanzo received a total of 16,713 applications for 1.58 billion IPO shares valued at RM237.02 million from the Malaysian public. Source: The Edge Malaysia #VanzoHoldings #BursaMalaysia #IPO #AirFragrance #Malaysia

𝐓𝐡𝐚𝐤𝐬𝐢𝐧 𝐒𝐡𝐢𝐧𝐚𝐰𝐚𝐭𝐫𝐚 𝐀𝐩𝐩𝐨𝐢𝐧𝐭𝐞𝐝 𝐚𝐬 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐥 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 𝐟𝐨𝐫 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚'𝐬 𝐀𝐬𝐞𝐚𝐧 𝐂𝐡𝐚𝐢𝐫𝐦𝐚𝐧𝐬𝐡𝐢𝐩! Prime Minister Datuk Seri Anwar Ibrahim has appointed former Thai Prime Minister Thaksin Shinawatra as an informal advisor to assist Malaysia in its upcoming chairmanship of ASEAN in 2025. Anwar expressed confidence in Thaksin's extensive experience and believes his insights will be invaluable for Malaysia's leadership role. This appointment, proposed by Malaysia and agreed upon by Thailand, showcases the strong ties between the two nations and emphasizes the importance of collaboration within ASEAN. Source: The Star Online Stay tuned for more ASEAN news. #Simplyfi #ASEAN #Malaysia #Thailand #ThaksinShinawatra #AnwarIbrahim #AseanChairmanship #InternationalRelations

𝐂𝐚𝐥𝐥𝐢𝐧𝐠 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐒𝐡𝐚𝐫𝐤𝐬 𝐭𝐨 𝐒𝐢𝐦𝐩𝐥𝐲𝐟𝐢™ 𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 Malaysia's Finance Minister, Datuk Seri Amir Hamzah Azizan, has a big plan for the country's venture capital scene. He says we need to work together and take smart risks to help ideas grow and succeed. To bring in money from other countries, the government will make it easier to get financial approvals across borders. This will help money move smoothly. With a strong venture capital environment, there will be many new jobs for Malaysians, especially in advanced industries. The Minister says it's important to have money coming from different sources like government-linked companies, private investors, and startups. He warns against relying too much on government money because it can slow down the growth of startups and make Malaysia less interesting to world investors. Venture capital has its risks, but the Minister believes we need a lively setup that takes smart risks. He urges everyone to trust local groups who are working hard to manage risks with good rules. In the MADANI economy plan, venture capital is key for boosting new ideas and growing the economy. By building a strong environment for venture capital, Malaysia hopes to bring in investors and create many fast-growing businesses, helping the economy reach new heights. (Source: The Straits Times) Join Simplyfi™ Connect and watch your business soar! Join our ASEAN community where members and partners can gain access to valuable capital market insights, essential resources, and business connections. Get ready to gain clarity, make smarter decisions, and take your business to the next level – all with the support of a vibrant community dedicated to your success. Join Simplyfi™ Connect today and let's make it happen! https://lnkd.in/gF86kqpc #Simplyfi #Finance #BusinessTransformation #Economics #FinancialForecasting #DigitalTransformation #StrategicPlanning

𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚'𝐬 𝐕𝐂 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐓𝐚𝐫𝐠𝐞𝐭𝐬 𝐆𝐫𝐨𝐰𝐭𝐡-𝐒𝐭𝐚𝐠𝐞 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 In 2024, Malaysia experienced a notable surge in Venture Capital (VC) investments, particularly targeting growth stage companies. The financial services, wholesale and retail, and life sciences sectors attracted the most funding, highlighting the country's evolving startup ecosystem.The Malaysian government played a pivotal role in promoting VC investment through initiatives like the "VC Golden Pass," aimed at attracting international VC firms. Under the Ekonomi MADANI framework, venture capital is recognized as a crucial driver of technological advancement and socioeconomic growth, with aspirations to double total VC funding from US$758 million in 2022 to US$1.5 billion by 2030. New initiatives under Budget 2025 included RM200 million allocated to KWAP’s Dana Perintis fund and RM65 million under The Cradle Fund to assist startups in scaling regionally and globally. Additionally, Jelawang Capital announced a further RM300 million for deployment in 2025, focusing on nurturing high-potential startups and developing the next generation of fund managers through programs like the Emerging Managers' Programme (EMP). Industry leaders, including Bryan Lim of Jelawang Capital and Ng Sai Kit of the Malaysian Venture Capital and Private Equity Association (MVCA), expressed optimism about the future of Malaysia’s VC ecosystem. They emphasized the importance of collaboration among all stakeholders—government, private investors, and startups — to create a vibrant funding landscape that empowers the economy and supports sustainable growth. Together, they aim to position Malaysia as a key VC hub by 2030. Source: The Star Online #Simplyfi #Finance #BusinessTransformation #Economics #FinancialForecasting #DigitalTransformation #StrategicPlanning

Last month, one of our team members attended 【全球通 · 趋势论坛】at Sirim Berhad in Kuala Lumpur. This event, focused on Southeast Asian economic trends and the launch of the "Prosperous Economy" initiative, attracted numerous business leaders and experts who came together to discuss the future of business globalization and regional cooperation. The speakers had shared about Southeast Asian economic trends and new opportunities for the Prosperous Economy converge in Kuala Lumpur Professor Chen Zongxian, focusing on Southeast Asia, provided a comprehensive analysis of the region's unique economic strengths, including: 1) Global Hub Status Southeast Asia has become a key center for global production and consumption. 2) Demographic Dividend A large and young population is driving rapid economic growth in the region. 3) Short-Chain Economy Shortening supply chains leads to increased efficiency and lower operating costs. 🥳 Congratulations to SOMO Group for the successful book launch! Group Photo Credit: SOMO Group ⤵ Ready to gain clarity on capital market entry? Connect with us at Simplyfi™ 👉 Join our community: https://lnkd.in/g5f8zJ7z #Simplyfi #BusinessDigitalisation #CapitalMarket #MADANIEconomy

𝐈𝐬 𝐭𝐡𝐞 𝐑𝐢𝐧𝐠𝐠𝐢𝐭 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐒𝐨𝐚𝐫? 𝐌𝐈𝐃𝐅 𝐈𝐁'𝐬 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐚𝐧𝐝 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 MIDF Amanah Investment Bank Bhd (MIDF IB) forecasts the Malaysian ringgit to strengthen, ending the year at RM4.30 compared to RM4.59 in 2023. This positive outlook is driven by anticipated US Federal Reserve policy easing and narrowing interest rate differentials favoring emerging markets. Malaysia's robust economic fundamentals, including a persistent trade surplus, further support this expectation. MIDF IB acknowledges potential risks that could hinder ringgit appreciation. These include a more hawkish stance by the Fed, possibly due to rising inflation and a resilient US economy. Additionally, a flight to safety prompted by global economic uncertainties, geopolitical tensions, and weaker-than-expected growth in major economies could increase demand for the US dollar. Source: Bernama #Simplyfi #Finance #BusinessTransformation #Economics #FinancialForecasting #DigitalTransformation #StrategicPlanning

𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚 𝐏𝐄-𝐕𝐂 𝐒𝐮𝐦𝐦𝐢𝐭 𝟐𝟎𝟐𝟓 How do investors and tech startups help build a more resilient, efficient, and sustainable agricultural system? Join us for the sixth edition of the Indonesia PE-VC Summit in Jakarta on Jan 16, 2025, to get insights from top leaders operating in Indonesia. Take away actionable insights from veterans who will share their perspectives and investment outlook for SE Asia. Register now to gain maximum benefits and a chance to make meaningful connections. Date: 16th Jan 2025 Venue: The St. Regis Jakarta, Indonesia Sign up this link: https://lnkd.in/gm6pPHtZ #Simplyfi #BusinessTransformation #FinancialForecasting #DigitalTransformation #StrategicPlanning

𝐌𝐞𝐞𝐭 𝟓 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚𝐧 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 Malaysia's tech ecosystem is flourishing, establishing itself as a prominent hub in Southeast Asia, with Kuala Lumpur ranking as the third-best startup city in the region, according to StartupBlink. A significant factor in this growth is the commitment of successful founders to reinvest their knowledge and resources back into the community. These five remarkable Malaysian founders who are not only thriving in their ventures but are also dedicated to nurturing the next generation of startups. 1) SkyeChip Founded by industry veterans SK Fong and Teh Chee Hak in 2019, SkyeChip focuses on Intellectual Property (IP) and Integrated Circuit (IC) solutions, particularly in artificial intelligence. With a vision to position Malaysia as a global leader in IC design, SkyeChip collaborates with universities to provide hands-on experiences for students, investing over RM300,000 to empower local talent. 2) ViTrox Corporation Berhad Established in 2000 and a public company since 2004, ViTrox is a global leader in automated vision inspection systems. The founders are committed to fostering innovation by launching the Cambrian Fund, which invests in early-stage tech companies. Their ViTrox Academy provides technical training and recently launched ViTrox College to offer diploma programs, bridging the gap between academia and industry. 3) Oppstar Berhad Founded in 2014 by IC design experts Ng Meng Thai, Cheah Hun Wah, and Tan Chun Chiat, Oppstar has made significant strides in the semiconductor industry. The company prioritizes talent development through its internship programs and partnerships with universities, including a dedicated IC design lab, ensuring students have access to essential resources and training. 4) CARSOME As Malaysia’s first unicorn, CARSOME has transformed into a leading car e-commerce platform in Southeast Asia. Founded by Eric Cheng, the company continues to focus on profitability while addressing customer needs. CARSOME actively supports the startup ecosystem through mentorship programs and the CARSOME Academy, which trains students in automotive skills, ensuring a reliable pipeline of talent. 5) Joel Neoh A notable entrepreneur, Joel Neoh has led successful ventures such as Groupon Malaysia and Fave. As Managing Director of Prenetics, he focuses on preventive healthcare while also investing in early-stage consumer-focused startups through First Move. His fund provides pre-seed funding and supports a diverse portfolio of companies across Southeast Asia. These founders exemplify the spirit of collaboration and mentorship that is crucial for the growth of Malaysia's tech ecosystem. Through initiatives like MDEC’s GAIN and FOX programs, they are paving the way for future generations of entrepreneurs, ensuring that Malaysia's startup landscape continues to thrive and innovate. Credit: Vulcan Post and MDEC Malaysia #Simplyfi