DTA Capital Partners Sdn. Bhd. (DTA) was founded in 1996. In the early days, it specialized in advising, structuring and procuring equity or equity-linked finance schemes for Malaysian-based companies. In November 2001, the company, through its subsidiary, DTA Ventures Management Sdn Bhd (DTAV), secured an Information & Communication Technology Fund (ICT Fund) worth MYR25 million from Malaysia Venture Capital Management Bhd (MAVCAP). Since then, the Group has taken a strategic position to focus on venture capital after recognizing the gap in funding younger companies in Malaysia. The Group now consists of the holding company, DTA, and the wholly owned subsidiary DTAV.
DTA is presently raising a new MYR100m venture fund targeting the ICT & the Services Sector (the Fund). So far, a commitment of RM32m has been secured from three parties. The new fund will focus on later stage ICT companies, the services sector and the energy-related sector.
In the ICT sector, investments are expected to be made in companies operating in the enabler space. This means that their products and services are the engines for the development and commercialization of new and novel technologies, support & infrastructures and services. DTA’s ICT Fund portfolio already consists of young companies operating in BPO, mobile messaging, e-learning, operating systems, hardware & software transmission equipment, wireless security, etc.
The remaining part of the Fund will be for the purchase of pre-IPO and restricted placements of quoted shares, and new issues of private shares in the energy-related and services sector: education, food, healthcare, environment, energy related, etc. The energy sector is identified as one of the core sectors of the economy ear-marked for development to reduce dependency on the non-renewable fossil fuels. The Services Sector, on the other hand, worth some MYR150bn yearly is chosen as an increasingly higher value-add sector to the Malaysian and the regional economies.
DTA VENTURES MANAGEMENT SDN. BHD
NO: 24A, JALAN DATUK SULAIMAN
TAMAN TUN DR ISMAIL
60000 KUALA LUMPUR
TEL: 03 - 77222561
FAX: 03 - 77222570
(ATTN: MR. DALI KUMAR @ DALI BIN SARDAR)
www.dtacapital.com
