Vietnamese PE Mekong Capital fully exits Asia Chemicals at IRR of 15.1%

Mekong Capital's investment team. Photo from the company's website.

Vietnam-focused private equity firm Mekong Capital has announced that its Mekong Enterprise Fund II (MEF II) made a full exit from its investment in Asia Chemicals Corporation (ACC) for a total consideration of $8.9 million, generating a gross return multiple of 2.6x and a gross IRR of 15.1 per cent.

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