SAFE agreement and convertible notes in Malaysia update

Earlier this week at the Malaysia Venture Forum 2023  the SC chairman said that an exemption will be introduced to further clarify the use of the Simple Agreement For Future Equity (‘SAFE’) agreements and convertible notes by investors investing in local startups in Malaysia.  To summarise, SAFE notes including convertible notes are the usual funding…

Non-accredited angel investor for your startup: Yay or nay?

“Should you accept an investment offer from a non-accredited angel investor in Malaysia?” “Do you need to get accredited as an angel investor?” “What if the angel who invested in my startup wasn’t an accredited investor? Will I get into trouble?” No, there is no law requiring an investor to get accredited before he or…