Malaysia-listed information technology and communications company Green Packet Bhd is reportedly teaming up with Singapore-based private equity firm Kendall Court to roll out an RM500 million ($120.98 million) fund through a general partner setup – GP Kendall Capital Partners.
The so-called “Bumi-tech” fund seeks to back later-stage high-tech companies run by Bumiputeras (ethnic Malays and other indigenous peoples).
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