In accordance with requirements, there are three (3) categories of Investors:
- Retail Investor - Refers to an individual who is not an angel investor or a sophisticated investor.
- Angel Investor - Refers to an individual— who is a tax resident in Malaysia; and whose total net personal assets exceed RM3 million or its equivalent in foreign currencies; or whose gross total annual income is not less than RM180,000 or its equivalent in foreign currencies in the preceding 12 months; or who, jointly with his or her spouse, has a gross total annual income exceeding RM250,000 or its equivalent in foreign currencies in the preceding 12 months.
- Sophisticated Investor - Refers to any person who— falls within any of the categories of investors set out in Part 1, Schedule 6 and 7 of the CMSA*; or acquires any of the capital market product or Islamic capital market product offered or traded on a recognized market where the consideration is not less than RM250,000 or its equivalent in foreign currencies for each transaction whether such amount is paid for in cash or otherwise.