The JV will see an investment of at least $30 million into Myanmar-based Yoma Micro Power.
Malaysia extends tax incentives for VCs, angel investors to 2023
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IPOs & Markets
Emerald Brewery, a JV between F&N and local partners, marks a comeback for the beverage firm to the Myanmar market.
The new impact fund will provide debt to private sector educational institutions in India, SEA and Africa.
Two of Delta Capital's LPs, Denmark’s IFU and Norway's Norfund, also joined the round.
The association has 11 members including Anthem Asia, Daiwa PI Partners, Delta Capital, EMIA, Insitor Management, among others.
The investment by FMO will be used to build up the group’s food storage, supply, and logistics businesses.
Anthem Asia is currently working towards closing its second Myanmar SME Venture Fund.
The roughly 760 million yen ($7.14 million) investment will convert Myanmar's Capital Life Insurance into a joint venture affiliate.
Countries such as Myanmar, Vietnam and Thailand are increasingly evincing investor interest.
Founded in 2011, Shwe Property was the first property portal established in Myanmar.
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