Highly successful app venture

TheStar Sat, May 25, 2019 10:10am - 4 years View Original


Johan: Bitsmedia is internally funded and continues to generate strong cash flow.

Johan: Bitsmedia is internally funded and continues to generate strong cash flow.

WHILE not widely reported, Affin Hwang Asset Management (AM) Bhd has been in the private equity game for the last two years.

Last June, Affin Hwang AM, which is the leading Malaysian asset management house with more than RM47bil of assets under management, launched its private equity business, Bintang Capital Partners Bhd.

Registered with the Securities Commission, Bintang Capital focuses on investing in fast-growing businesses with a proven track record. The idea is to back visionary entrepreneurial founders who have built a strong business presence in the Asia-Pacific region.

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