ABAF to give angel investors better wings


nazrinonline

KUALA LUMPUR: The Asian Business Angel Forum (ABAF), to be held in Malaysia next year, is expected to help revive the local angel-investor segment.

Nazrin Hassan, chief executive officer of funding agency Cradle Fund Sdn Bhd, said angel investments here ground to a halt in 2004 after many early angels got burned when they invested in the technology sector.

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