Hi, sorry I missed the AMA but I have a few questions:-
- I would like to see the reserves and retained earnings portion of the company's financial statement in the factsheet. Do you think FS can implement it?
- From the earlier days of FS Malaysia, FS used to divulge the company's name to the investors. As there is no default yet in Malaysia, I would like to know if the company's name will be let known to the investors in the event the company defaults?
- What is the percentage of the investment out of the total between retail investors like myself and institutional investors in FS Malaysia?
Hi Edward - First off, a very happy CNY to you and your loved ones! Now, back to the questions at hand:
Thanks for the feedback! We do keep track of our investors' feedback and where there is notable interest in a particular feature / enhancement, we'd look to implement the changes. At the moment, the factsheet does allow one to measure the retained earnings and reserves using the following formula: Retained earnings = Equity - Share Capital (both pieces of information can be found within the factsheet).
Yes, we no longer reveal the company's name to investors as we aim to strike a better balance between the privacy and interests of both our SMEs and investors (imagine thousands of Malaysians know of a particular SME looking for financing). Nevertheless, we'd reveal the name of the SME in the event of a default as it would be fair to affected investors to have a more detailed understanding of the situation, nature of default and the recovery actions that are being taken.
The majority of investments are still being made by retail investors - though we do have institutional investors onboard in both Msia and regionally. However, the balance between retail and institutional investors is something which we are keenly aware off and ponder upon so as to ensure that both parties have a fair chance of investing!