Equity crowdfunding (ECF) lets eligible businesses raise equity capital through platforms regulated by Securities Commission Malaysia. Founders should prepare clear, supportable financial information and confirm the current requirements with the selected recognised market operator.
On this page
Understand the platform and regulatory frameworkOrganise reliable historical financial informationDocument the financial assumptionsMake the proposed use of proceeds understandablePlan for life after the campaignFrequently asked questionsUnderstand the platform and regulatory framework
ECF in Malaysia operates through recognised market operators regulated by Securities Commission Malaysia. The selected platform evaluates prospective issuers and provides its own application, disclosure and due-diligence requirements. This guide is not a substitute for the current SC rules or platform instructions.
Organise reliable historical financial information
Gather available financial statements, recent management accounts, tax and statutory records where applicable, ownership details and an explanation of material liabilities. Clearly identify audited versus unaudited figures. Do not label management forecasts as verified historical financial results.
Document the financial assumptions
Show how price, volume, margins, headcount and operating expenditure translate into cash needs. A finance model should make dependencies visible. If revenue is uncertain, provide a reasonable range of outcomes and note major assumptions.
Practical output to request
Ask for a dated, editable file; named owners for each assumption; and a review meeting that identifies decisions rather than merely presenting charts.
Make the proposed use of proceeds understandable
Break down intended spending by operational milestone, with a timeline and budget owner. Explain what the company will do if it raises less than expected, and identify any material funding gap that might remain. The selected platform and advisers will determine disclosure requirements.
Plan for life after the campaign
Successful funding creates reporting responsibilities to shareholders and stakeholders. Set up bank approvals, a budget-versus-actual review, cash reporting and a recurring investor update cadence before the campaign ends. An outsourced CFO may help establish these controls.
Frequently asked questions
Does hiring a CFO mean the ECF application will be approved?
No. The selected platform assesses issuer suitability and regulatory compliance. CFO support does not replace due diligence, platform approval or legal advice.
Is an ECF platform the same as CFO.com.my?
No. CFO.com.my provides educational content and can coordinate appropriate finance-readiness advisory support; it does not operate an ECF marketplace.
Regulatory reference: Securities Commission Malaysia — Guidelines on Recognized Markets
No funding, investment or regulatory approval is guaranteed. We do not operate an ECF platform.
SC Malaysia — Digital FinancingSC Malaysia — Guidelines on Recognized Markets