VentureTECH
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Signing of Investment Joint Venture Agreement between
The establishment of the lab is aimed at reducing reliance on foreign test labs and subsequently level the playing game with those o ered by their foreign counterparts. Dato’ Dr. Ahmad Sabirin Arshad identified several opportunities for both SIRIM and NDE Consultancy to further explore. The visit is part of VentureTECH’s continuous value creation initiative which has successfully connected VentureTECH’s investee to the right stakeholders.
VentureTECH and SBI 2 November 2021 | Cyberjaya
VentureTECH announces the launch of a private equity co-investment fund of RM75 million for growth stage technology companies with its foreign partner, Japan’s SBI Ventures Malaysia. This follows the landmark signing of a Joint Venture (JV) Investment Agreement to provide an additional source of foreign funds into Malaysia from a global private equity firm. The JV Agreement was signed by VentureTECH’s Managing Director, Dr. Norida Abd. Rahman and Mr. Yoshihiro Ishiwata, Managing Director of SBI Ventures Malaysia Sdn Bhd, witnessed by the Minister in the Prime Minister’s Department (Economy), YB Dato’ Sri Mustapa Mohamed.
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