The magazine, due on newsstands next month, seeks to feature Malaysian issues through the eyes of cartoonists.
"Cartoonists just take that and make cartoons out of it."
With 400 copies confiscated, some news stall owners have decided against selling it in any case.
All publications in Malaysia require a permit, which "is controlled and issued by the home ministry, who can enforce editorial changes to the content", Ms Venkiteswaran said.
"On one hand, as a policy you want to give an indication that you are open and freer, but when it comes down to specific issues, there is censorship."