KUALA LUMPUR: AmPrivate Equity Sdn Bhd, a fund managed by Malaysian Ventures Management Inc Sdn Bhd (MVMI), has sealed its first cross-border transaction with the purchase of 13.7% stake in Hong Kong-based CDS Freight Holding Ltd for RM20mil cash.
In a statement, AmInvestment Group Bhd (AIGB) said AmPrivate had also secured a co-investor, Mezzanine Capital (M) Sdn Bhd (MCM), which had taken a 6.8% in CDS Freight.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
