Icapital.biz closed ended fund (5108) AGM 2024 Door Gift and Investor Day

Investing is a long term game - Tan Teng Boo, CEO of Capital Dynamics

ICapital.biz Berhad’s 2024 Investor Day took place on October 26-27 at the Kuala Lumpur Convention Centre. This event offered a diverse program, featuring investment outlooks, company presentations, and personal success stories. Attendees gained insights from industry leaders and engaged in discussions on market opportunities and strategies for investment success. Notably, Investor Day also included the Annual General Meeting (AGM) of icapital.biz Berhad's closed-end fund, which is listed on Bursa Malaysia.

In addition, a display of Xpeng’s G6 electric vehicle (EV) attracted significant interest, highlighting innovations in the EV sector and offering attendees a firsthand look at cutting-edge technology. The G6 offers a maximum range of 600 km (373 miles) on a single charge and comes equipped with 32 sensors including ultrasonic, microwave, and high-resolution cameras. This car is distributed by Bermaz Auto.

iCapital.biz Berhad is a Malaysian closed-end fund listed on Bursa Malaysia and managed by Tan Teng Boo of Capital Dynamics. Known for his disciplined, value-investing approach, Tan Teng Boo focuses on undervalued companies to drive long-term growth. With a fixed pool of shares, icapital.biz offers investors steady, professionally managed growth potential and a unique opportunity for long-term capital appreciation.

Tan Teng Boo delivered an in-depth review of ICAP’s portfolio, performance, and the economic outlooks for the US, China, and Malaysia. The Q&A session promoted a constructive exchange between the Fund and its shareholders. Teng Boo also outlined ICAP’s corporate responsibility efforts, including the i Capital Talent Show, emphasizing the Fund's dedication to supporting the community, particularly young Malaysians. We also showcased the talents of several 2023 i Capital Talent Show finalists.

AGM attendees enjoyed a complimentary unlimited breakfast buffet and received a RM20 Parkson shopping voucher, adding a welcoming touch to the Investor Day experience.

Packed lunch boxes were given for lunch.

I attended 2023's AGM and blogged it here : 

https://propfessor.blogspot.com/2023/11/icapitalbiz-5108-agm-2023-door-gift.html

On Day 2 of the iCapital Investor Day, which was a paid event with a fee of RM200, I attended for free by redeeming tickets using my Moomoo trading points.

iCapital's Mr Tan Teng Book came in early as he was the keynote speaker.

Besides running the iCapital closed ended funds (Icapital.biz - 5108 stock code), iCapital has got private funds that is managed by the company.

APM automotive had a booth to promote their products. APM Automotive Holdings Berhad, founded in 1971, is a leading Malaysian manufacturer of automotive parts, specializing in suspension components and interiors. 

Guest speakers were from Capital A(Airasia), APM automotive, Eupe Corp, Hibiscus Petroleum, Sensetime, Kellington Group, Suria and SAM.

There were 2 tracks on Day 2 where Track 1 was aimed at the experience investor while Track 2 was for beginners.

Once again, Mr Tan Teng Boo still reiterates that icapital.biz berhad closed ended fund is the best stock to invest in KLSE.

Mr. Tan Teng Boo also shared some life wisdom, emphasizing the importance of values instilled by his parents and their lasting impact on his life.

His second lesson highlighted that a strong local market is essential for any business before considering global expansion.

In his 3rd point, he stressed the importance of liquidity over profitability, as reflected in his decision to transition the iCapital newsletter to a subscription-based model. The subscription based model help the company weather through the bad times and recover.

Finally, Mr. Tan Teng Boo emphasized that reading is the essential discipline everyone should adopt to achieve success.

Links

https://www.icapital.biz/