What fees do AMB Connect charge?

There are three (3) types of fee which AMB Connect will charge: -

• Administration Fee - A non-refundable administration fee of RM 5,000.00 will be charged after the issuer's proposal is approved. This fee covers the initial review process, including customer due diligence and Shariah compliance screening. This will be the only out-of-pocket fees that the Issuer will need to incur to begin and host Campaign on the Platform,
• Success Fee - AMB Connect will charge ranging from 5% up to 8% of the amount successfully fundraised. It will be deducted from the targeted amount before the remaining balance is released to the issuer. No success fee is charged if the campaign is unsuccessful.
• Additional Charges - Issuers requiring services beyond the standard offerings, such as setting up a nominee or trustee to hold the shares, custom advertisement campaigns, or specialized design for their business pages, will incur additional charges. The cost of these additional services depends on their complexity and will be determined and agreed upon in good faith with the issuer before any work commences.

Last Update: 10 Oct 2024