The Funding Challenge: Valuation Uncertainty Holding Back Growth
A fast-scaling tech company based in Kuala Lumpur planned to raise capital to support its next phase of growth. Despite strong performance, the founders lacked a clear valuation backed by data and financial projections. Investor discussions were slow and uncertain due to the absence of reliable figures.
Our Solution: Building a Solid and Defensible Valuation Framework
NKH Chartered Accountants provided a full valuation engagement, led by our valuation team with input from our tax advisors. Our tax professionals assessed equity structure implications to ensure compliance and tax efficiency.
What We Delivered: Strategic, Tax-Efficient Business Value Assessment
a) A comprehensive valuation model with forward projections
b) A comparative analysis of similar businesses in the same sector
c) Tax structuring recommendations to reduce risks in share issuance
d) Investor-facing documents prepared for meetings and due diligence
The Results: Increased Investor Trust and a Faster Fundraising Journey
a) The final valuation was 30 % higher than the founders’ estimate
b) Investor conversations progressed more smoothly with a shorter negotiation timeline.
c) The business secured the required capital with enhanced credibility.
This case highlights the importance of structured valuation when approaching investors. Learn more about our business valuation services to support your fundraising process.
For expert guidance on preparing for investment, contact NKH Chartered Accountants, a trusted accounting and tax firm in Klang, Selangor.

Kim Heng is an accounting and taxation professional whose sterling reputation has drawn countless clients to the NKH Group. When the GST was first introduced, he was commissioned to give 100+ talks on GST implementation as well as over 20++ talks on E- Invoice implementation by multiple businesses and industry associations, showing the depth of their confidence in his expertise. In the following years, Kim Heng would go on to share his knowledge on (among others) branding, tax planning, and fundraising at 20+ seminars organised by business associates that were widely attended by the public. He has over 20 years of experience consulting and advisory on taxation, corporate structure planning, business valuer, company secretarial administration, constitution advisory, and etc.