MyStarter is an equity crowdfunding platform that is recognized by the Securities Commission Malaysia and has successfully helped companies in multiple fields to raise funds legally.
To protect investor interests, the following measures have been put in place:
First, your investment amount will be deposited into a trust account. If the crowdfunding campaign fails, you will receive a full refund. Even if the campaign is successful, you will have a six-day cooling-off period to decide whether to proceed with your investment. During this period, you have the option to withdraw and still receive a full refund.
Secondly, If you decide to proceed with the investment, You will receive a stamped partnership agreement as evidence that you are a partner holding equity in the crowdfunding issuer company. Which is governed by the Partnership Act 1961. After the LLP registration is complete, you can search for your name in the LLP profile on the SSM records.