VentureTECH invests RM100 mln to support high-tech businesses

VentureTECH invests RM100 mln to support high-tech businesses

Source: Published by Borneo Post Online on June 5, 2019, Wednesday at 12:51 AM < p style="text-align: center">Dr Norida Abd Rahman CYBERJAYA: VentureTECH Sdn Bhd, an investment company for high value-added and emerging industries, has invested about RM100 million in 13 investee companies since its inception a decade ago. Its managing director, Dr Norida Abd Rahman said as an investor with deep roots in quality impact investment, VentureTECH places great emphasis in generating both commercial and societal returns. “Presently, we have invested in 13 investee companies, who are technology leaders in niche sub-sectors, and we are proud of some of these companies for being able to penetrate some of the most challenging markets abroad,” she told Bernama. This, she said included the recent RM10 million investment in CMC Group Sdn Bhd to support the next stage of growth for the country’s leading engineering and construction service provider in the public transportation, info-communication, and power and energy segments. “We have also invested RM20 million in Ain Medicare Sdn...
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