Chinese PE firm AFC to invest up to $20m in startups, agriculture companies in Malaysia

Chinese PE firm AFC to invest up to $20m in startups, agriculture companies in Malaysia

The Agriculture Fund of China is the first such private equity fund focusing on the industry.

China private equity firm AFC (Hong Kong) Investments Ltd is planning to allocate between $10 million and $20 million for investment in start-ups as well as medium and large agro-related Malaysian companies, including in food processing and farming.

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