Astra Capital Sdn Bhd (Astra Capital) was awarded RM25 million under MAVCAP's OSP2. Its matching partner, Kumpulan RZA Sdn Bhd contributed another RM3.5 million whilst the Manager contributed RM1.5 million for a total fund size of RM30 million.
The fund is intended for investment in high-growth companies involved in ICT and to achieve an above average rate of return in capital appreciation via private equity investments in established businesses in the ASEAN region. Investment criteria for companies include successful track record and good growth potential, strong and experienced management team, clear exit strategies, proven market concept, ownership of IP of commercial interests, as well as good growth prospects and scalability.
Astra Capital will be managed by Astra Partners Sdn Bhd who aims to strategise and position itself for future synergistic opportunities through strategic alliances. Backed by fi nance professionals who are well versed in Malaysia's venture capital industry, Astra Partners is committed to make Astra Capital a sponsor to support the growth of the Malaysian private equity industry.
Malaysian Office
Contact Person/s:
Mr. Norazharuddin Abu Talib
Mr. Gooi Hoe Soon
Astra Capital Sdn Bhd
Suite 30C, 3rd Floor, Wisma TCL
470 Jalan Ipoh, 3rd Mile
51200 Kuala Lumpur, Malaysia
Astra Partners Sdn Bhd (the Manager)
M-2-1, Block M, Plaza Damas
60 Jalan Hartamas 1
50480 Kuala Lumpur, Malaysia
TEL: 03-6203 3030
FAX: 03-6203 3131
Email : nortalib@yahoo.com
Email : hoesoon@gmail.com
