CaiHong:

In setting up a business, there are 3 types of model you can choose from:
1. Sole-Proprietorship
2. Partnership
3. Enterprise

Just for your understanding, sdn bhd can be both 1. and 2. and your liability is unlimited.

Whereas no.3 that would seperate you, the owner, from your business. In other words, u have to be responsible for the debts if your business does not go well. While 3 you need not as they regard the company as a "seperated person"
For more info pls refer to here:
http://allmalaysia.info/msiacommerce/resou...asp?s=resources
There are many factors u need to consider for eg. the size of ur business, the investment you have, etc...

As for my advise, I think you don't have the basic knowledge of doing a business, that would be better if you can get a partner who is more experience to assist you. Therefore a partnership is what I recommend you.

Have a nice day.

SeeD,

Do participate in your Uni's business plan competition or if there is none, join the external one. It's a great opportunity for you to prove to people whether your plan works or not.

I myself did participated in few business plan competitions before, EG. CIMB Challenge, BAT Bring Your DIfference etc.
It's a good way to gain recognition too if your plan works. Investors will approach you or even venture capitalists.