
Fundraising: Raise Capital Without Giving Up Control
Every round changes who has a say in your company. We help you negotiate terms that bring in capital without quietly signing away your future.

Fundraising: Raise Capital Without Giving Up Control
Every round changes who has a say in your company. We help you negotiate terms that bring in capital without quietly signing away your future.
Why Fundraising Terms Matter
Raising capital feels like a milestone, but the terms you agree to in the excitement of a term sheet can shape your company for years. Unclear liquidation preferences, messy cap tables, or vague investor rights don't just create legal risk, they can cost founders control of the business they built. Whether you're closing a seed round or negotiating a Series A, the details matter as much as the amount raised. You're here because you want capital on terms you can live with, not regret later.
Raising capital feels like a milestone, but the terms you agree to in the excitement of a term sheet can shape your company for years. Unclear liquidation preferences, messy cap tables, or vague investor rights don't just create legal risk, they can cost founders control of the business they built. Whether you're closing a seed round or negotiating a Series A, the details matter as much as the amount raised. You're here because you want capital on terms you can live with, not regret later.
How We Help Founders Raise Smart
Fundraising support that protects your equity.
We do more than review term sheets. We negotiate investor agreements, clean up cap tables before they become a diligence problem, and help you understand exactly what you’re agreeing to before you sign. From pre-seed to growth rounds, we guide you through every stage of the raise. Capital should fuel your company, not cost you control of it.
Choose the Service That Fits
Select your solution and take the next step.
Pick the fundraising service that fits your next move. Below is the full list, each designed to give you clarity, protection, and leverage.
Learn More Before You Raise
Articles to help you negotiate, structure, and close your round with confidence.
Looking for insight before you raise? The articles below cover key trends, risks, and how-tos in Malaysian fundraising practice. They are here to help you make smarter, safer decisions, faster.

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Breach of Contract
One contract slip can stall millions in deals. Discover how top CEOs spot breaches early, enforce rights, and keep business moving.
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Breach of Contract
One contract slip can stall millions in deals. Discover how top CEOs spot breaches early, enforce rights, and keep business moving.
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Bursa LEAP Market Listing for Malaysian SMEs: What to Prepare Before Filing
What Malaysian SMEs must have ready — corporate records, governance, shareholding history — before applying to Bursa Malaysia's LEAP Market.
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Bursa LEAP Market Listing for Malaysian SMEs: What to Prepare Before Filing
What Malaysian SMEs must have ready — corporate records, governance, shareholding history — before applying to Bursa Malaysia's LEAP Market.
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Article
Business Acquisition Documents Malaysia: Complete CEO Guide for 2025
Thinking of acquiring a business? The right documents can make or break your deal. Protect your position and avoid hidden risks—discover what top CEOs know before they act.
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Business Acquisition Documents Malaysia: Complete CEO Guide for 2025
Thinking of acquiring a business? The right documents can make or break your deal. Protect your position and avoid hidden risks—discover what top CEOs know before they act.
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Call Option and Put Option Agreements in Malaysia: Locking a Future Exit or Buy-In Before Signing
How call and put options work in a Malaysian shareholders' or JV agreement, what makes the price clause enforceable, and what happens once someone exercises.
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Call Option and Put Option Agreements in Malaysia: Locking a Future Exit or Buy-In Before Signing
How call and put options work in a Malaysian shareholders' or JV agreement, what makes the price clause enforceable, and what happens once someone exercises.
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Cap Table Structuring for Malaysian Startups
How a Malaysian startup cap table actually works: pre/post-money dilution, option pool sizing, and the Companies Act steps behind every entry.
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Cap Table Structuring for Malaysian Startups
How a Malaysian startup cap table actually works: pre/post-money dilution, option pool sizing, and the Companies Act steps behind every entry.
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Company Share Cap Table
What a cap table records, why it decides your next funding round, and the Malaysian documents that must agree with it before an investor looks.
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Company Share Cap Table
What a cap table records, why it decides your next funding round, and the Malaysian documents that must agree with it before an investor looks.
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Article
Contract Termination
Terminate contracts fast, without legal missteps or costly fallout. Learn the strategies CEOs use to exit deals safely and protect growth.
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Contract Termination
Terminate contracts fast, without legal missteps or costly fallout. Learn the strategies CEOs use to exit deals safely and protect growth.
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Customised Agreement Drafting: When a Template Fails and a Business Needs a Bespoke Contract
When templates fail, what custom contract drafting costs in Malaysia, and what a badly drafted agreement risks under the Contracts Act 1950.
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Customised Agreement Drafting: When a Template Fails and a Business Needs a Bespoke Contract
When templates fail, what custom contract drafting costs in Malaysia, and what a badly drafted agreement risks under the Contracts Act 1950.
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ECF Fundraising in Malaysia: Step by Step
Unlock millions, build your brand, keep control. See how top founders use equity crowdfunding to fund growth on their terms.
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ECF Fundraising in Malaysia: Step by Step
Unlock millions, build your brand, keep control. See how top founders use equity crowdfunding to fund growth on their terms.
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Employee Share Option Schemes in Malaysia: How to Structure ESOS Without Diluting Control Too Early
How Malaysian companies structure an Employee Share Option Scheme (ESOS) under the Companies Act 2016: issuance, vesting, tax and exit treatment.
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Employee Share Option Schemes in Malaysia: How to Structure ESOS Without Diluting Control Too Early
How Malaysian companies structure an Employee Share Option Scheme (ESOS) under the Companies Act 2016: issuance, vesting, tax and exit treatment.
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Equity Crowdfunding Compliance in Malaysia
What a Malaysian ECF issuer must do after the raise closes: Companies Act deadlines, the 50-shareholder cap, ongoing SC duties and the RM20m lifetime limit.
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Equity Crowdfunding Compliance in Malaysia
What a Malaysian ECF issuer must do after the raise closes: Companies Act deadlines, the 50-shareholder cap, ongoing SC duties and the RM20m lifetime limit.
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Equity Fundraising vs Equity Financing
Equity fundraising and equity financing are not the same thing. The difference, the types of equity involved, and which one your business needs.
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Equity Fundraising vs Equity Financing
Equity fundraising and equity financing are not the same thing. The difference, the types of equity involved, and which one your business needs.
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Fundraising Lawyer - Why Do You Need Them?
What a fundraising lawyer actually does in a Malaysian raise, which steps carry real legal risk, and when to bring one in before terms are agreed.
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Fundraising Lawyer - Why Do You Need Them?
What a fundraising lawyer actually does in a Malaysian raise, which steps carry real legal risk, and when to bring one in before terms are agreed.
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Fundraising Steps For Founders
The fundraising process step by step for Malaysian founders: internal preparation, scouting investors, letter of intent, due diligence and closing.
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Fundraising Steps For Founders
The fundraising process step by step for Malaysian founders: internal preparation, scouting investors, letter of intent, due diligence and closing.
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Article
How to Amend and Update Your Shareholders Agreement in Malaysia
This article is for Malaysian business owners seeking to amend their shareholders agreement. It explains when and why to update, how to follow the legal process, and the risks of outdated agreements.
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How to Amend and Update Your Shareholders Agreement in Malaysia
This article is for Malaysian business owners seeking to amend their shareholders agreement. It explains when and why to update, how to follow the legal process, and the risks of outdated agreements.
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Investment and Subscription Agreements in Malaysia
How a subscription agreement differs from a shareholders agreement in Malaysia — price, warranties, conditions precedent, and share allotment steps.
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Investment and Subscription Agreements in Malaysia
How a subscription agreement differs from a shareholders agreement in Malaysia — price, warranties, conditions precedent, and share allotment steps.
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Investor Readiness Legal Audit: What a Malaysian Startup Must Fix Before a Term Sheet
What a Malaysian startup's investor readiness audit checks before a raise: cap table, IP ownership, option pool and data exposure, and what each costs later.
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Investor Readiness Legal Audit: What a Malaysian Startup Must Fix Before a Term Sheet
What a Malaysian startup's investor readiness audit checks before a raise: cap table, IP ownership, option pool and data exposure, and what each costs later.
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Article
Is a Shareholders Agreement Legally Binding in Malaysia?
This article explains the legality of shareholders agreement in Malaysia to Malaysian business owner.
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Is a Shareholders Agreement Legally Binding in Malaysia?
This article explains the legality of shareholders agreement in Malaysia to Malaysian business owner.
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Is a shareholders agreement necessary in Malaysia?
A shareholders agreement is not required by Malaysian law. Here is when it becomes necessary anyway, what it must cover, and why templates fail.
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Is a shareholders agreement necessary in Malaysia?
A shareholders agreement is not required by Malaysian law. Here is when it becomes necessary anyway, what it must cover, and why templates fail.
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Key Features and Common Clauses in a Shareholders Agreement
This article explains what a Malaysian shareholders agreement covers—key clauses, legal compliance, customization needs, amendment trends, critical protections, reserved matters, and how it ties to the cap table.
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Key Features and Common Clauses in a Shareholders Agreement
This article explains what a Malaysian shareholders agreement covers—key clauses, legal compliance, customization needs, amendment trends, critical protections, reserved matters, and how it ties to the cap table.
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Legal Due Diligence for Institutional Investors
What legal due diligence for institutional investors in Malaysia must cover before an investment committee signs off on a deal.
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Legal Due Diligence for Institutional Investors
What legal due diligence for institutional investors in Malaysia must cover before an investment committee signs off on a deal.
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Legal Support for Pre-Funding Startups: Why a Counsel Programme Beats a Full Retainer Too Early
What a Malaysian startup needs before its first round: founder vesting, IP assignment and reusable contracts, and why a full retainer is usually too early.
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Legal Support for Pre-Funding Startups: Why a Counsel Programme Beats a Full Retainer Too Early
What a Malaysian startup needs before its first round: founder vesting, IP assignment and reusable contracts, and why a full retainer is usually too early.
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Navigating Share Transfers and Share Transmissions
How a share transfer differs from a transmission in Malaysia, the Companies Act 2016 steps, the forms and board approvals, and the costs to budget.
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Navigating Share Transfers and Share Transmissions
How a share transfer differs from a transmission in Malaysia, the Companies Act 2016 steps, the forms and board approvals, and the costs to budget.
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Preference Share Subscription Agreements in Malaysia: Rights, Priority and Conversion Before You Issue
What rights, priority, redemption and conversion terms a Malaysian preference share subscription agreement must lock down under the Companies Act 2016.
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Preference Share Subscription Agreements in Malaysia: Rights, Priority and Conversion Before You Issue
What rights, priority, redemption and conversion terms a Malaysian preference share subscription agreement must lock down under the Companies Act 2016.
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Reviewing a Term Sheet Before You Sign: What Malaysian Founders and Buyers Must Check
A Malaysian term sheet is rarely as non-binding as it looks. What founders and buyers must check before signing: valuation, liquidation preference, ROFR.
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Reviewing a Term Sheet Before You Sign: What Malaysian Founders and Buyers Must Check
A Malaysian term sheet is rarely as non-binding as it looks. What founders and buyers must check before signing: valuation, liquidation preference, ROFR.
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Share Allotment vs Share Transfer in Malaysia
Allotting new shares and transferring existing ones follow different Companies Act 2016 processes, forms and deadlines. Here is what each actually requires.
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Share Allotment vs Share Transfer in Malaysia
Allotting new shares and transferring existing ones follow different Companies Act 2016 processes, forms and deadlines. Here is what each actually requires.
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Article
Share Transfer Stamp Duty For Private Company
One missed stamp duty step can cost you ownership and delay deals. Discover how top CEOs transfer shares smoothly and stay compliant.
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Share Transfer Stamp Duty For Private Company
One missed stamp duty step can cost you ownership and delay deals. Discover how top CEOs transfer shares smoothly and stay compliant.
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Shareholder Agreement for Private Limited Company
Learn why a shareholders agreement is critical for every Sendirian Berhad—what it covers, how it protects your interests, and why your unique business circumstances demand more than just standard documents.
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Shareholder Agreement for Private Limited Company
Learn why a shareholders agreement is critical for every Sendirian Berhad—what it covers, how it protects your interests, and why your unique business circumstances demand more than just standard documents.
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Article
Shareholder Agreement for Startup: A Guide for Malaysian Founders
This article is specifically for Malaysian startup founders, teaching why and how to create a shareholders agreement, with local examples and clear, actionable steps tailored to real startup needs.
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Shareholder Agreement for Startup: A Guide for Malaysian Founders
This article is specifically for Malaysian startup founders, teaching why and how to create a shareholders agreement, with local examples and clear, actionable steps tailored to real startup needs.
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Shareholder Agreement Template Malaysia – The Real Cost and the Smarter Solution
This article is for Malaysian business owners considering shareholder agreement templates. It reveals why templates often fail, the risks they create, and explains why professional legal advice is the smarter, future-proof choice.
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Shareholder Agreement Template Malaysia – The Real Cost and the Smarter Solution
This article is for Malaysian business owners considering shareholder agreement templates. It reveals why templates often fail, the risks they create, and explains why professional legal advice is the smarter, future-proof choice.
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Shareholders Agreement Key Clauses
Don’t risk a boardroom standoff or lose control of your vision. Discover the must-have clauses top CEOs use to protect growth, avoid costly disputes, and move faster.
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Article
Shareholders Agreement Key Clauses
Don’t risk a boardroom standoff or lose control of your vision. Discover the must-have clauses top CEOs use to protect growth, avoid costly disputes, and move faster.
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Shareholders Agreements in Malaysia: Essentials for Business Owners and CEOs
Discover why a customised shareholders agreement is crucial for Malaysian businesses. Learn what it covers, why templates fail, and how the right legal structure protects founders, investors, and your company’s future.
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Shareholders Agreements in Malaysia: Essentials for Business Owners and CEOs
Discover why a customised shareholders agreement is crucial for Malaysian businesses. Learn what it covers, why templates fail, and how the right legal structure protects founders, investors, and your company’s future.
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Shareholders' Agreement for a New Corporate Business Unit: Keeping Parent Company Control Without Killing Management Motivation
How a parent company keeps board control, protects its IP, and still motivates management when setting up a shareholders' agreement for a new business unit.
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Shareholders' Agreement for a New Corporate Business Unit: Keeping Parent Company Control Without Killing Management Motivation
How a parent company keeps board control, protects its IP, and still motivates management when setting up a shareholders' agreement for a new business unit.
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The Realities of Equity Fundraising in Malaysia
One funding mistake can cost you control for years. See how Malaysia’s sharpest founders secure capital without losing leverage.
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The Realities of Equity Fundraising in Malaysia
One funding mistake can cost you control for years. See how Malaysia’s sharpest founders secure capital without losing leverage.
Read

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What is a Shareholders Agreement? An Easy Guide for Malaysian Business Owners
This article explains what a shareholders agreement is, why it matters, key clauses, and common mistakes—helping Malaysian business owners understand how to protect interests and prevent disputes effectively.
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What is a Shareholders Agreement? An Easy Guide for Malaysian Business Owners
This article explains what a shareholders agreement is, why it matters, key clauses, and common mistakes—helping Malaysian business owners understand how to protect interests and prevent disputes effectively.
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Article
What is Equity Fundraising?
Learn how Malaysia’s best founders raise capital, protect leverage, and avoid common traps.
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Article
What is Equity Fundraising?
Learn how Malaysia’s best founders raise capital, protect leverage, and avoid common traps.
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Need assistance? Or do not know where to start? Contact us.
Submit the contact form
Go through a discovery session with our lawyer
We will come out with a proposal to assist you.
Need assistance? Or do not know where to start? Contact us.
Submit the contact form
Go through a discovery session with our lawyer
We will come out with a proposal to assist you.
All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2026
Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.
All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2026
Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.

