Malaysia to invest $478m in PE, VC matching scheme
The Malaysian government will allocate MYR2 billion ($478 million) to a co-investment scheme that will match investments made in the country by private equity and venture capital funds.
The program, confirmed in a budget address by Minister of Finance Lim Guan Eng, is positioned as part of a plan to embrace the digital economy and will include a separate MYR50 million co-investment fund...
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