Exclusive: Teak Capital to stay invested in Aemulus post-IPO

Aemulus launched its prospectus. From left: TA Enterprise Bhd MD and CEO Alicia Tiah, Aemulus independent non-exec chairman Chok Kwee Bee and CEO Ng Sang Beng.

Aemulus Holdings Bhd, an automated test equipment design house, which is slated for an initial public offering (IPO) on Bursa Malaysia, will be Teak Capital Sdn Bhd‘s first public-listing exit in its Teak Ventures fund portfolio.

Malaysian venture capital firm Teak Capital has been invested in Aemulus since 2010, for an undisclosed amount. The firm, however is not exiting its investment entirely upon IPO.

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