<$BlogRSDURL$> Ascension Capital

Monday, June 28, 2004

Malaysian Venture Capital Association (MVCA), together with Malaysia Venture Capital Management Bhd (Mavcap), will be organising its next 3M talk at Chinoz On The Park, KLCC on Monday, 5th July.

Its invited speaker, Mohd Hanafiah Abdullah, the CEO of Axiomatic Solutions Sdn Bhd, will be speaking about Open Source Software and Linux-based Thin Client Solutions his company is involved in.

The monthly 3M - first Monday Morning of the Month - breakfast meetings provide an opportunity for Venture Capitalists and Fund Providers to network and share issues of concerns with Technopreneurs.

This event comes to you at no cost and is sponsored by Mavcap and organised by MVCA in an effort to provide a platform for interaction between the Technopreneur and Venture Capitalist communities.

For full programme and registration details of the next 3M event, go to http://www.team.net.my/article.cfm?id=227

Kindly RSVP by 3.00 p.m., Friday, 2nd July as seats are limited.

Have a great weekend!

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Saturday, June 05, 2004

News Flash

Ascension Capital was featured in Personal Money Magazine by The Edge.
Senior Partner Johan Nasir, was asked to comment on the Consumer Debt Restructuring industry in the June 2004 Issue #34 of the magazine and to answer the "ask the expert" question from a reader for a home loan decision in the May 2004 Issue #33.



ascension capital :: ascension exchange

consumer & corporate debt restructuring, investments, brokerage, trading, commodities, matching services

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Thursday, June 03, 2004

For Investors

The Cradle Investment Programme (CIP), under the auspices of The Ministry of Finance, is also looking to invite genuine new investors with under utilised funds to spare, to be part of the Ideas Bank alongside other Local and International Venture Capital firms, Commercialisation Partners, Angels, Government Institutions, Investment Banks and Financial Institutions.

The Ideas Bank is a national resource of intellectual property created from all the successful CIP projects. The mandate of the Ideas Bank is to create a marketplace for the buying, selling and licensing of intellectual property assets and ideas and thereby help CIP Entrepreneurs commercialise their ideas.

These ideas are those who have successfully completed the CIP deliverables (i.e A Business Plan and a Prototype / Proof of Concept of the idea) and are ready for the next stage seed funding to go further. Managed by CIP, the Ideas Bank provides an executive summary of the ideas to Registered Users who have been invited by CIP and MAVCAP Bhd to be participants in the Idea Bank. Investors will be given selective access to Executive Summaries of these ideas for them to browse, according to their industry or investment subject of interest.

Once a genuine interest is established, they will be able to investigate and analyse the full idea further towards investment. These innovative ideas are hot and destined to be the next big thing and are worthwhile investments while the valuation price is still affordably reasonable. For more official information on the Ideas Bank, please go to the Cradle Investment Programme (CIP) website.

We welcome any interested inquiries and can be addressed directly to Miss Adina or Mr. Patrick



ascension capital :: ascension exchange

consumer & corporate debt restructuring, investments, brokerage, trading, commodities, matching services

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Two business ideas require seed funding / angel investments.

Executive Summary Idea 1:
A special vehicle entity consisting of a JV partnership between a prominent bank and credit/debit card brand seeks to launch a loyatly card/payment card programme to a ready database of over 2 million users. Points (similar to Bonuslink and Real Rewards) can also be saved over time, invested and redeemed for cash for official educational purposes. Direct and Channel Partner Relationships are in place. Business Plan and Financials are complete. Noble and effective nation building element, solving issues related to lower income wealth. Potential market is big with ready customers and cross marketing opportunities. Seeks investor to fund early stage for operational setup and technology architecture. Fund size required RM 2.5 - 3 Million.

Executive Summary Idea 2:
A local established IT company is embarking on a reality based community and friendship networking project incorporating live video filming, mobile and web elements. Gartner Research has indicated networking based sites will continue to experience strong growth. Incorporating concepts like popularly executed My Space, Ryze, Linked In, Kawanster and Friendster, this project elevates it to a whole new level by incorporating voice and live visuals on various communicative channels. Business and revenue model is clear and solid. Team competent. Technology strong. Commercial viability high. Requires seed funding. Fund size required RM 2 - 2.5 Million.

These ideas are protected by copyright law.

Interested parties can email johan@ascension.com.my for further information on anything posted in this page.

Updated: 1st June 2004

ascension capital :: ascension exchange

consumer & corporate debt restructuring, investments, brokerage, trading, commodities, matching services

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