ICT Zone Ventures Scheme is an investment scheme offered to public and institutions to invest in ICT rental business in Malaysia for the periods of 9 years. ICT Zone Ventures Scheme is the 1st ICT interest scheme approved by Malaysian government, regulated by Suruhanjaya Syarikat Malaysia (SSM) under Section 90 of the Companies Act 1965.
All the funds received from the investor will be managed by My Premier Trustee (Malaysia) Bhd.- a Trustee company approved by Suruhanjaya Syarikat Malaysia (SSM). Pannell Kerr Forster (PKF), one of the world's premier accounting and business advisory organizations is the independent consultant and auditor that audit the performance of the scheme and the company twice a year. Interest Holders (Subscribers) will enjoy a fixed 8% nett yield return per annum for the period of 9 years ending at 27 March 2020.
The ICT Interest Scheme offers an attractive fixed nett yield of 8% every year over a short period of nine years, unlike other interest schemes that do not offer a fixed annual investment return and their investment period is longer than nine years.
2 . Who can invest in this scheme? Can a foreigner invest?
Any Malaysian or foreigner above the age of 18 years old can invest.
3 . What is the minimum investment value per unit?
They are referred to as ICT Interests and the minimum investment value per ICT Interest is RM5,000.
4 . Is there a limit to the number of units that I can invest?
No, there is no limit to the number of ICT Interests that you can invest.
5 . How many ICT interests are available?
There are 22,000 ICT Interests available from the total approved fund size of RM110 million.
6 . Are the units transferable? Do I have to pay any transfer fees?
Yes, the ICT Interests are fully transferable after the initial two-year lock-in period, commencing from 28th March 2011. The fees charged for each transfer is RM100.
7 . Is there a buy-back guarantee?
Yes, there is a buy-back of ICT Interests after a three-year lock-in period.
8 . How safe is my investment?
A scheme trustee approved by Bank Negara and Suruhanjaya Syarikat Malaysia - My Premier Trustee (Malaysia) Berhad [719395-T], has been appointed to oversee the Scheme and your capital is protected by a cumulative nine-year Redemption Reserve Fund managed by the approved scheme trustee. An independent consultant, PKF Accountants (AF 0911) has been appointed to audit the Scheme every six months to ensure its governance and transparency.
9 . When I invest in your scheme, can I nominate someone to be my beneficiary?
Yes, you can nominate a beneficiary to your investment.
10. What is industry view on rental business outlook?
Report under the Rental Information 2011 in United States by Equipment Leasing Association reported that sales volume in the computer leasing/ rental and remarketing industry was between $15 billion and $25 billion annually in the early 1990s. By the late 1990s, equipment leasing/ rental had grown to a $183 billion industry. Please refer http://business.highbeam.com/industry-reports/business/computer-rental-leasingfor more information.
