Pitch Platform Sdn Bhd via its equity crowd funding platform pitchIN will soft launch its secondary market called pitchIN Secondary Trading Exchange this week and expects to host its first deal on its Initial Exchange Offering platform in September.
“But that’s the target, August 30 will be the soft launch, but the actual trading will start in mid-September,” he added. Sam shared that for a start, PSTX will showcase 10 to 15 companies, that are made up of small and medium-sized enterprises and startups. In addition, the exchange will only be trading twice weekly, on Wednesday and Thursday.
“Patient capital, a bit longer term investing, you’re investing for the long-term growth of the company, so you get your best returns only when the company can grow significantly bigger,” he said.