Malaysia approves Japanese VC firm
Japan's JAIC becomes the first foreign venture capital firm to be approved to operate in Malaysia.
MalaysiaÆs Securities Commission has approved an application by Japan Asia Investment JAIC to start venture capital investment activities in the country. JAIC is the first foreign VC firm to be approved to operate in Malaysia.
JAICÆs investments in Malaysia will focus on infrastructure-related companies. The Tokyo-listed firm is also an active player in private equity-related businesses such as buyout investments, restructuring financing and secondary investments, and, according to its annual report, it had invested Ñ10.3 billion $97.7 million in...
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