icapital.biz Berhad

icapital.biz Berhad (commonly known as ICAP, stock code: 5108) is a closed-end fund listed on the Main Market of Bursa Malaysia since 2005. It is managed by Capital Dynamics Asset Management Sdn Bhd, a Kuala Lumpur-based fund management firm founded by Tan Teng Boo, a well-known Malaysian value investor. ICAP's primary investment objective is long-term capital appreciation of its investments, with dividend and/or interest income from these investments being of secondary consideration. The fund invests in undervalued companies listed on the Main Market and the ACE Market of Bursa Malaysia Securities Berhad. As a closed-end fund, ICAP has a fixed number of outstanding shares at any point in time. Unlike open-end unit trusts, its share price is determined entirely by market supply and demand, and its fund performance is not affected by inflows and outflows of funds. Shares are bought and sold in the stock market through licensed stockbroking companies. The fund's net asset value (NAV) is computed and released on a weekly basis to the public via Bursa announcements, and the appropriate tool to evaluate ICAP's performance is its NAV rather than its earnings or earnings per share. ICAP adheres to a value-investing philosophy, selecting investments based on their market prices and underlying values. It does not engage in short selling, derivatives or borrowing; unless unanimously approved by share owners, ICAP is not allowed to borrow. The fund positions itself as offering stability, lower expenses compared to other closed-end firms, and the ability to look into better investment opportunities that may be illiquid and require a long-term strategy. The company refers to its shareholders as "share owners," emphasizing a long-term, ownership mindset rather than transient holding. It seeks to attract investors who understand its operations, attitudes and expectations, and to dissuade those who do not. ICAP's website features quotes from Tan Teng Boo, including "What matters when investing is whether one makes a profit or loss, not whether there is a premium or a discount" and "It is not how fast your investment appreciates that matters, but how sustainable the gains are." The company also issues investor alerts warning of scams and impersonations. ICAP is headquartered in Kuala Lumpur, with its registered address at Capital Dynamics Asset Management Sdn Bhd, 16.01B, 16th Floor, Plaza First Nationwide, 161, Jalan Tun H.S. Lee, 50000 Kuala Lumpur. It is a public company from Malaysia, listed on Bursa Malaysia since 19 October 2005.

icapital.biz Berhad was established with the aim of increasing its value through a value-investing philosophy even before its listing on 19 October 2005. It was listed on the Main Market of Bursa Malaysia in 2005 under stock code 5108. The fund is managed by Capital Dynamics Asset Management Sdn Bhd, a Kuala Lumpur-based asset management firm founded by Tan Teng Boo. Since its listing, ICAP has maintained a closed-end structure with a fixed number of outstanding shares, distinguishing it from open-end unit trusts. Its primary investment objective is long-term capital appreciation, investing in undervalued companies listed on the Main Market and ACE Market of Bursa Malaysia Securities Berhad. The fund does not engage in short selling, derivatives or borrowing, and its NAV is published weekly via Bursa announcements. Over the years, ICAP has positioned itself as a vehicle for long-term share owners, emphasizing stability, lower expenses, and the ability to pursue illiquid, long-term investment opportunities. The company has also issued investor alerts regarding scams and impersonations. As of the evidence provided, ICAP continues to operate as a listed closed-end fund on Bursa Malaysia.

• 2005

  Listed on the Main Market of Bursa Malaysia on 19 October 2005 under stock code 5108.

Long-term value investing through a closed-end fund structure with no short selling, derivatives or borrowing, targeting undervalued Malaysian listed companies.

• ICAP closed-end fund

  A closed-end fund listed on Bursa Malaysia (stock code: 5108) investing in undervalued Malaysian listed companies for long-term capital appreciation.

1. 1Welcome to icapital.biz Berhadicapital.my
2. 2Our Companyicapital.my
3. 3How to Become a Share Ownericapital.my
4. 4Icapital.Biz Berhadwikidata.org