how we invest: funding opportunities for ict and high growth companies

How We Invest: Funding Opportunities for ICT and High Growth Companies

• Early-stage, high growth, innovative

• High risk – high return nature

• Enhance bankability

• Promote entrepreneurship

• Economic growth catalyst

VENTURE CAPITAL

Mar

ket

Exp

ansi

on

Pro

duct

Exp

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n

List

ing

or

Sa

le

Com

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cial

izat

ion TIME

Con

cept

Alp

ha

Bet

a

Ea

rly

Ado

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FUNDING

AMOUNT C

o F

orm

atio

n

3-6 months

12-24 months24-60 months

VC FUNDING CYCLE

• Thorough due diligence

• Milestone-driven disbursements

• Enhance synergy and avoid conflict

• Active participation – as shareholder and director

• Club deals/ co-investments

• Exit timeline

FEATURES OF VC INVESTMENTS

• Founded in 2001• Largest Malaysian Government VC arm focusing on

ICT/high growth tech sectors (ex biotech)• Early to late stage investor• Fund under management: RM970 million • Typical investment size: up to RM 22 million• Largest number of VC professionals• 128 portfolio companies (73 (direct) & 55 (OSP))• OSP1 – Disbursement of RM100 million in 2001• OSP2 - Disbursement of RM200 million in 2006

MAVCAP

STRATEGIC GOVERNMENT MANDATE

STRATEGIC / VALUE ADDING PARTNERSTRATEGIC / VALUE ADDING PARTNER

• Promote corporate governance• Share network and portfolio linkage • Operating experience• Business & commercialisation strategies• Fundraising strategy• Build management team

INVESTMENT APPROACH

• High growth private companies• ICT, green energy and technology related• Malaysian angle • Minority stake with board seat• Investment horizon – 3 to 5 years• Exit option - buyback, IPO, trade sale

INVESTMENT MANDATE

INVESTMENT SECTORS

ASSESSMENT CRITERIA

Financial/Valuation

Product / Service

Holistic Approach

Market

TechnologyBusiness

Model

INVESTMENT PROCESS

Valuation

Product / Service

Market

TechnologyBusiness

Model

Deal Recommendatio

n & ApprovalDeal Sourcing

Deal Evaluation & DD

Legal Documentation

& Fund Disbursement

Portfolio Monitoring

Exit

3 to 6 months depends on complexity and availability of complete information

SAMPLE OF PORTFOLIO COMPANIES

MALAYSIAN BRANDS GOING GLOBAL

OUTSOURCED PARTNER PROGRAM

• Astra Capital Sdn Bhd• DTA Ventures Management Sdn Bhd• Ethos Capital Sdn Bhd• Expedient Equity Sdn Bhd• iSpring Capital Sdn Bhd• Musharakah Tech Ventures• Photonics Venture Capital Sdn Bhd• QMA Capital Sdn Bhd• Teak Capital Sdn Bhd

THANK YOU

www.mavcap.com

Dzul Effendy Ahmad HayanTel:03 2050 3000

E-mail: dzul@mavcap.com