Fresh off an $8 million Series A funding round co-led personally by the CEO of Bybit, David Low, Co-Founder and CEO of Hata, unpacks what’s next for this young crypto exchange. 



We discuss how the platform accumulated over 225,000 users and passed RM100 million in assets under custody, the heavy capital requirements needed to incentivise professional market makers for deep order-book liquidity, and how they cleaned up their cap table to streamline corporate execution.



David also shares how Hata is actively de-risking its business from market volatility by shifting away from purely activity-based trading fees toward institutional custody solutions, staking products, and hands-on corporate B2B onboarding. 



Finally, we explore the Securities Commission's newly updated regulatory guidelines, explaining why faster coin-listing paths coupled with higher capital requirements are a net positive for maturing Malaysia's Web3 ecosystem.

Fresh off an $8 million Series A funding round co-led personally by the CEO of Bybit, David Low, Co-Founder and CEO of Hata, unpacks what’s next for this young crypto exchange.&nbsp;We discuss how the platform accumulated over 225,000 users and passed RM100 million in assets under custody, the heavy capital requirements needed to incentivise professional market makers for deep order-book liquidity, and how they cleaned up their cap table to streamline corporate execution.David also shares how Hata is actively de-risking its business from market volatility by shifting away from purely activity-based trading fees toward institutional custody solutions, staking products, and hands-on corporate B2B onboarding.&nbsp;Finally, we explore the Securities Commission's newly updated regulatory guidelines, explaining why faster coin-listing paths coupled with higher capital requirements are a net positive for maturing Malaysia's Web3 ecosystem.

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

Hata: $8M Series A, Bybit CEO Backing, & New Crypto

When Choy Peng Yew last appeared on the show in early 2023, Pet World was on a massive growth trajectory. As Malaysia's largest homegrown pet food manufacturer behind household brands like ProDiet, ProBalance, and Delizios, the company was scaling at an impressive 27% CAGR. At the time, financial headlines were buzzing about a potential US$100M public listing in Singapore. However, the IPO never materialised. Instead, the company shifted its mandate from public markets toward strategic partnerships and private expansion.



Amidst this corporate restructuring, Pet World quietly accomplished something entirely unexpected. Producing over 100,000 tonnes of pet food annually, the company partnered with SPCA Selangor and Singapore-based Nutrition Technologies to formulate Malaysia's first dog food using Black Soldier Fly Larvae (BSFL) protein. This leap into sustainable, insect-based nutrition signals a major shift in the company's product direction and their approach to the evolving global pet wellness market.



Choy Peng Yew returns to the studio to unpack what the last two years have actually looked like from the inside. We discuss the strategic decision to pursue regional partnerships over a public listing, the science and commercial viability behind sustainable insect protein, and the company's aggressive expansion strategy across Southeast Asia, Northeast Asia, and the Middle East as they navigate the pet food market in 2026.

When Choy Peng Yew last appeared on the show in early 2023, Pet World was on a massive growth trajectory. As Malaysia's largest homegrown pet food manufacturer behind household brands like ProDiet, ProBalance, and Delizios, the company was scaling at an impressive 27% CAGR. At the time, financial headlines were buzzing about a potential US$100M public listing in Singapore. However, the IPO never materialised. Instead, the company shifted its mandate from public markets toward strategic partnerships and private expansion.Amidst this corporate restructuring, Pet World quietly accomplished something entirely unexpected. Producing over 100,000 tonnes of pet food annually, the company partnered with SPCA Selangor and Singapore-based Nutrition Technologies to formulate Malaysia's first dog food using Black Soldier Fly Larvae (BSFL) protein. This leap into sustainable, insect-based nutrition signals a major shift in the company's product direction and their approach to the evolving global pet wellness market.Choy Peng Yew returns to the studio to unpack what the last two years have actually looked like from the inside. We discuss the strategic decision to pursue regional partnerships over a public listing, the science and commercial viability behind sustainable insect protein, and the company's aggressive expansion strategy across Southeast Asia, Northeast Asia, and the Middle East as they navigate the pet food market in 2026.

From Bugs to Bursa? Pet World's Ambitious Next Chapter

Red Communications has been running since 1999 — 26 years of producing television, film, branded content, and digital programming for audiences that the industry had largely ignored: women, young people, families. The 3R show ran for 15 years and was funded entirely by sponsors. Gol & Gincu became a film and a TV series. Kami did the same. Oh My English ran for six years on Astro. Club Mickey Mouse ran for five years on Disney. The company has produced 14 films. The 15th, Khadam, opens in cinemas on 11 June 2026.



Between the first film and the 15th: a breast cancer diagnosis in 2012, a six-month treatment hiatus during which RM1 million in reserves disappeared and RM1 million in debt appeared, a pandemic that nearly took the company, and a decision to sell a stake to Astro just to stay afloat.



Founder and Executive Producer of Red Communications Lina Tan talks to us about what the business of creativity actually looks like — the budgets, the red tape, the streaming disruption, the influencer competition, and the specific madness of trying to get a Malaysian film made and seen.

Red Communications has been running since 1999 — 26 years of producing television, film, branded content, and digital programming for audiences that the industry had largely ignored: women, young people, families. The 3R show ran for 15 years and was funded entirely by sponsors. Gol &amp; Gincu became a film and a TV series. Kami did the same. Oh My English ran for six years on Astro. Club Mickey Mouse ran for five years on Disney. The company has produced 14 films. The 15th, Khadam, opens in cinemas on 11 June 2026.Between the first film and the 15th: a breast cancer diagnosis in 2012, a six-month treatment hiatus during which RM1 million in reserves disappeared and RM1 million in debt appeared, a pandemic that nearly took the company, and a decision to sell a stake to Astro just to stay afloat.Founder and Executive Producer of Red Communications Lina Tan talks to us about what the business of creativity actually looks like — the budgets, the red tape, the streaming disruption, the influencer competition, and the specific madness of trying to get a Malaysian film made and seen.

26 Years, 15 Films & the Business No One Tells You About

In Japan and South Korea, parking a car is entirely automated. You drive into a bay, turn off your engine, and walk away while a robotic system lifts and stores your vehicle in a multi-level tower. There are no ramps, no circling for spots, and no wasted space. Yet in Malaysia, this highly efficient infrastructure remains virtually unseen.



Ir. Yow Kai Yong has spent the last 14 years trying to change that. A consultant engineer with two decades of experience in Malaysia's property development sector, he started Parktech Solutions in 2011 with four other co-founders. As co-founders eventually left due to a sluggish market, he became the last person standing, officially taking over the company in 2021. Today, that persistence is paying off in a massive way. Parktech Solutions is now preparing to install one of the largest automated car parking systems in ASEAN at Milla Residence in Wangsa Maju. Built in partnership with Beverly Group and South Korea's Samjung Tech, the project features 2,358 bays and 21 car lifts, pushing the company's order book to a RM100 million.



Kai Yong joins us to discuss the business and mechanics of automated car parking systems. We cover what it takes to survive for over a decade pushing a product the local market wasn't ready for, the sudden shift driving their eight-figure revenue projections for 2026, and why robotic parking is no longer just a luxury convenience, but a critical sustainability and urban density play that Malaysian developers can no longer ignore.

In Japan and South Korea, parking a car is entirely automated. You drive into a bay, turn off your engine, and walk away while a robotic system lifts and stores your vehicle in a multi-level tower. There are no ramps, no circling for spots, and no wasted space. Yet in Malaysia, this highly efficient infrastructure remains virtually unseen.Ir. Yow Kai Yong has spent the last 14 years trying to change that. A consultant engineer with two decades of experience in Malaysia's property development sector, he started Parktech Solutions in 2011 with four other co-founders. As co-founders eventually left due to a sluggish market, he became the last person standing, officially taking over the company in 2021. Today, that persistence is paying off in a massive way. Parktech Solutions is now preparing to install one of the largest automated car parking systems in ASEAN at Milla Residence in Wangsa Maju. Built in partnership with Beverly Group and South Korea's Samjung Tech, the project features 2,358 bays and 21 car lifts, pushing the company's order book to a RM100 million.Kai Yong joins us to discuss the business and mechanics of automated car parking systems. We cover what it takes to survive for over a decade pushing a product the local market wasn't ready for, the sudden shift driving their eight-figure revenue projections for 2026, and why robotic parking is no longer just a luxury convenience, but a critical sustainability and urban density play that Malaysian developers can no longer ignore.

Hata: $8M Series A, Bybit CEO Backing, & New Crypto

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