Astra Partners Sdn Bhd (Astra Partners)
Venture Capital Equity |
Astra Partners Sdn Bhd (Astra Partners)
Astra Partners Sdn Bhd (Astra Partners) is a venture capital management company licensed by the Securities Commission of Malaysia to provide venture capital fund management services in Malaysia.
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.