Angel networks from 7 ASEAN countries partner for cross-border investing

Angel networks from seven ASEAN countries – Malaysia, Singapore, Indonesia, Thailand, Philippines, Vietnam and Cambodia – on Tuesday announced the creation of ASEAN Angel Alliance (AAA) at the Malaysian Business Angel Network (MBAN) second annual summit in Kuala Lumpur.

The alliance is aimed to promote cross-border syndication and co-investment support, as well as intra-ASEAN investment in startups, particularly tech-based companies and high growth business.

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