I am curious is there an overlap with the equity crowdfunding?
both targeted SmE
LEAP Market (Current IPO: Baba Eco Group), Welcome Bursa's Third Board!
LEAP Market (Current IPO: Baba Eco Group), Welcome Bursa's Third Board!
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Jun 30 2017, 11:08 AM
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Junior Member
164 posts Joined: Jun 2017 |
I am curious is there an overlap with the equity crowdfunding?
both targeted SmE |
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Jun 30 2017, 02:28 PM
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164 posts Joined: Jun 2017 |
QUOTE(ILoveLalat.net @ Jun 30 2017, 01:54 PM) So far, I don't see any quantitative amount for LEAPS yet. But it will most likely be priced lower than what companies pay for if it's listing on the Main or ACE Market. true, but from issuers perspective, they are quite similar.As for the second part, the RM10 million would have include listing fees. But usually if companies go for listing, and its listing fees is more than say 10 percent, it would probably be a turndown for the company wanting to expand its business. This one's targetted to HNWIs and also involves with shares floated on the exchange. Those involve with smaller equity crowdfunding, usually it's open to all. from investors, then unless you are HNSIs, you can only involve with ECF. But if I am HNSI, i wold definitely prefer LEAP than ECF, which still a lot of loop holes. Those listed in ECF are mostly not serious in reporting or make announcement to their investors. We can see a lots of craps still get funded in ECF |
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