About pitchIN Secondary Trading Market

PSTX is Malaysia's first Secondary Market for Equity Crowdfunding (ECF) shares of companies that raised funds on pitchIN's ECF platform. It is operated by pitchIN and recognised by the Securities Commission Malaysia (SC).

PSTX provides liquidity for investors of the ECF companies as an option to exit while also enabling new investors to acquire stakes in these companies. PSTX is the natural evolution of ECF.

A Secondary Market is where shares of publicly or privately traded companies are bought and sold after their initial issuance by the company.

Access to Liquidity

The PSTX increases liquidity in ECF companies by providing an avenue for existing shareholders (primarily ECF shareholders) to find buyers for their shares.

Diversification & Risk Management

For early investors in startups, having the ability to sell shares on a PSTX can provide diversification opportunities. Investors can sell a portion of their holdings to manage risk, recover initial investment, or allocate funds to other investments.

Access to Private Companies

Identify and invest in startups, SMEs and pre-IPO companies when they are not fundraising. Such access would previously be available to a select group of investors only.

Transparency

Prices on the PSTX reflect supply and demand dynamics, investor sentiment, and company performance.

In the event that you have traded the shares outside of PSTX, you may trade the shares on PSTX.

To update the trade that occurred outside of PSTX on your Equity Portfolio, you will need to inform us immediately at [email protected] and provide to us, among others, with the following details:

1. The name of the Buyer & Seller
2. The number of shares traded
3. The date of the trade that occurred outside of PSTX.

Upon receiving the above information and the completion of any other necessary process, your Equity Portfolio will be updated. Please note that we will only recognize the transfer of such shares if such shares are not traded simultaneously in PSTX.

If such shares are traded simultaneously in PSTX and the PSTX trade is successful, the said trade in PSTX will prevail and we will not recognize the trade outside of PSTX in which the Digital Share Certificate will be issued to the buyer that traded in PSTX instead of the buyer that traded outside of PSTX.

It is advised to contact us when such trading outside of PSTX occurs. There may be fees chargeable for the above process.

As a recognised Secondary Market Operator, pitchIN acts as a facilitator and coordinator for trades between eligible buyer(s) and eligible seller(s). Therefore, we do not dispense any advice (including but not limited to investment, legal, taxation, or other advice) with respect to any aspect of the transactions conducted through PSTX.

Apart from pre-screening our Issuers, as well as executing market surveillance and due diligence, we neither represent nor guarantee the creditworthiness of the Issuers and the viability of any business whose shares are traded on PSTX. Buyers and Sellers should consult with their own professional tax, legal, and financial advisors before making any transactions on the Platform as investing in this asset class involves a deal of risk.

(For further assistance, you may want to contact the PSTX team at [email protected])