Mavcap to launch RM636mil fund, aims at technology-based companies


KUALA LUMPUR: Malaysia Venture Capital Management Bhd (Mavcap) will launch its third Outsource Partners Programme (OSP 3) with at least US$200mil (RM635.9mil) fund later this year to invest in technology-based companies.

Chief executive officer Jamaludin Bujang said Mavcap would allocate US$100mil while its four partners each would raise a minimum US$25mil.

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Business , mavcap , osp

   

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