Company: The company: The company has developed a product called “Medplanner Sdn Bhd Equity” (`products`) and has promoted its business plan and/or products via the ECF platform and wants to raise funds for its company in order to reach the expected donation amount. ECF Platform: Ata Plus Sdn Bhd is a registered and licensed electronic facilities operator (`operator`) that provides eligible issuers and investors with an online platform for crowdinvesting services: a date on which an outgoing partner ceases or is considered a partner of LLP under this agreement. Limited Liability Partnerships Act 2012: the relevant provisions of the Limited Liability Partnerships Act 2012 (as amended) applicable to LLPs in accordance with the provisions of the Act. LLP: the limited partnership by the Registrar of Limited Partnerships by LLP0017744-LGN, registered as APC ELEVEN PLT. The LLP will be a holding company. Investment Holding Vehicle: An LLP holds shares on behalf of Medplanner Sdn Bhd investors who invested in the company through ECF Platform.Liquidity Event: The merger, purchase or sale of a company or IPO. A liquidity event is a typical exit strategy for a company, as the liquidity event usually turns the equity held by the founders and investors of a company into cash. Partners: initial partners and other additional persons or persons approved under this agreement as LLP partners and whose partnership has not been implemented by the LLP in accordance with this agreement. Headquarters: LLP Headquarters (4800-3-2 Jalan Perdana, Cyberjaya, Selangor 63000 Malaysia). Outgoing partner: anyone who, for whatever reason, ceases to be a partner of LLP. Blockchain: A blockchain is an audience of all transactions that have ever been made with the Blockchain Ledger. It keeps growing, as “closed” blocks are added with a new series of recordings.
Blocks are added to the blockchain in linear chronological order. Partnership/action unit: a unit assigned to LLP partners in relation to the respective investment size. Partnership units represent the indirect participation of partners in the underlying business. Partnership units/shares can be represented by tokens in a blockchain ledger. Tokens: refers to cryptographic information stored on the blockchain via the COLU-Blockchain protocol that represents LLP Partners` ownership rights to the LLP. Wallet: refers to the software provided by Ata-Plus to store a partner`s tokens and access keys. The manager maintains the partnership unit registry until the LLP no longer exists.
