🚀 Introducing SARANA – A new alternative financing scheme tailored for MSMEs and small contractors participating in Government contracts!

What SARANA offers:
✅ Invoice financing: Manage cash flow after contract delivery.
✅ Pre-financing: Bridge initial working capital needs before project execution.

Why choose SARANA?
🌐 Access to P2P financing
💸Improved cash flow
💰 Upfront financing

Backed by the Government under Budget 2025, SARANA bridges funding gaps, empowering businesses to grow. This initiative aligns with the SC’s 5-Year Roadmap (2024-2028), driving greater MSME access to the capital market.

📊 Since 2016, P2P platforms have raised RM7.9 billion as of 30 Sept 2024. Ready to take your business to the next level? Available now via 9 SC-registered P2P financing platforms, including Shariah-compliant options.

🔗 Learn more at www.sc.com.my/sarana.
📰 Read the full media release here: https://bit.ly/40vGik8

🤝 Bridging the gap with #finfluencers!

💬 Today, the SC hosted a dialogue session on the Guidance Note for Investment Advice to foster responsible practices and address key feedback from the content creator community. Open conversations can build stronger connections and help shape financial content that educates and empowers. But with great influence comes great responsibility – let’s balance creativity with ethical practices to protect investors and inspire trust.

🔗 Learn more about the Guidance Note: https://bit.ly/3E9rhNn

🏛️ The High Court has granted the Public Prosecutor’s forfeiture application against Havana Bayview Sdn Bhd and Wong Shee Kai (Ricky Wong), involving:
🏢 A luxury condominium at Four Seasons Place, KL
💰 RM445,039.28 from Ricky Wong’s fixed deposit

This relates to proceeds unlawfully siphoned from Bright Packaging Industry Berhad’s corporate exercises (2013–2014). The SC initiated the forfeiture in 2021 under the Anti-Money Laundering Act.

The SC is also seeking public assistance to locate Ricky Wong, who is currently wanted.

📰 Read the full media release here: https://bit.ly/40HKyOt

The SC has released Navigating the Transition: A Guide for Boards, a comprehensive resource to help boards implement the National Sustainability Reporting Framework (NSRF), beginning 2025.

📝 What you need to know:
From 2025, PLCs on Bursa Malaysia’s Main Market with a market cap of RM2 billion must comply with the NSRF for sustainability reporting, followed by other Main Market companies in 2026, and ACE Market & large non-listed companies by 2027.

The Guide sets out key questions and considerations for boards on governance, financial impact assessments, and integrating sustainability into risk management. It includes practical insights to help boards lead with purpose and resilience in driving corporate sustainability.

Download the guide now and take the lead in driving impactful change.

📖 Download the guide here: https://lnkd.in/gPi3A_6R
📰Read the full media release here: https://bit.ly/40quhw4

#SustainabilityReporting #NSRF

📢 The SC is pleased to announce the appointment of Datuk Nik Mohd Hasyudeen Yusoff as a Board Member for a two-year term, effective 15 January 2025.

Appointed by the Minister of Finance, Datuk Nik Hasyudeen brings over 30 years of industry and regulatory experience, having held key leadership roles in various organisations. In addition, he was previously the SC’s Executive Director in charge of Market and Corporate Supervision, as well as the Executive Chairman of the Audit Oversight Board.

His expertise will further strengthen the SC Board in fulfilling its governance and regulatory mandates.

We welcome his appointment and look forward to his valuable contributions to the SC. 👏

📰 Read the full media release here: https://bit.ly/3WiMgmU