Background
VF Capital Sdn Bhd (VF Capital) was
incorporated on 26th October 2004. It is a wholly owned subsidiary of
Priharta Development Sdn Bhd (PHT).
PHT, the holding company of VF Capital, is
a private equity company with diversified investment in transportation,
properties development and holds a substantial interest in the Rimbunan Hijau Group.
PHT sets up VF Capital to provide venture capital to those fast
growing high technology companies for expansion and development.
Corporate Information – VF Capital
Shareholder
Priharta Development Sdn Bhd
Board of Directors
Tiong Chiong Ie
Kong Sau Yen
Dominic Lai Yew Hock
Key Management
Chia Kah Pheng (Chief executive officer)
Principal Activities
The principal activity of VF Capital is
venture capital investment in high growth and high technology companies
primarily focusing on information and communication technology,
biotechnology and nanotechnology.
VF Capital is allocated an investment fund
of RM50 million for the venture investment. This RM50 million fund is
internally generated within the PHT Group and it is expected to be
invested over the next few years.
VF Capital also strongly believes that the
venture capital industry is closely linked with the capital market and
it is VF Capital’s objective to support the Malaysian capital market.
Portfolio Allocation
It is also envisaged that the investment portfolio will be allocated in the following weightage:-
- Information and communication technology 30%
- Biotechnology 40%
- Nanotechnology 30%
However, VF Capital will be actively
monitoring and reviewing its portfolio allocation to meet the needs of
the market. This is to ensure that VF Capital is able to channel fund
into the appropriate sectors and help the companies to grow. VF Capital
is a dynamic and responsive venture capitalist who believes in funding
the future growth of the technology companies.
Strategic Deployment
VF Capital plans to source for
investments via its own network as well as to form strategic alliances
and/or joint ventures with other technology incubators and venture
capitalists.
VF Capital also strongly believes that the
venture capital industry is closely linked with the capital market and
it is VF Capital’s objective to support the Malaysian capital market.
Recent Success
On 23rd August 2006, VF Capital has
successfully floated TechnoDex Bhd, its first investment in Malaysia,
onto the MESDAQ. VF Capital invested into TechnoDex in March 2005 by
providing RM 3 million to fund their ambitious expansion plan. VF
Capital provided not just the capital but time, guidance and direction
to the management team of TechnoDex to ensure that their plan was
executed accordingly.
Along the way, VF Capital also introduced
its extensive business networks and corporate expertise to TechnoDex. VF
Capital believes that its commitment to value-add into the investee
company is one of the key to its successful investment. VF Capital will
continue to be actively involved in TechnoDex by its involment in
TechnoDex’s board. VF Capital believes that such commitment will in turn
be reflected in the growth in value of its stake in TechnoDex.
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