KUALA LUMPUR: Equity firm Censuria Capital Sdn Bhd (Censuria) has teamed up with Cinda Plunkett International Equity Management Ltd (Cinda) in a bid to raise RM1bil for merger and acquisition (M&A) deals in Malaysia.
Cinda is an affiliate company of one of China’s largest state-owned asset-management companies, China Cinda Asset Management Co Ltd.
Censuria said the collaboration will advance investment opportunities locally.
“Leveraging Censuria’s expertise in private investment in public equity transactions, M&A deals and Cinda’s commitment to strategic investments, the partnership aims to foster growth opportunities for mid and micro-cap publicly listed companies in Malaysia,” the company said in a statement yesterday.
Cinda aims to raise up to RM1bil through a feeder fund to advance Censuria’s investment objectives.
Both Censuria and Cinda will utilise a sophisticated feeder fund structure targeting potential family offices, high-net-worth individuals, and investing institutions in Hong Kong and the Greater China region.
“The infusion of a potential RM1bil capital is earmarked for empowering mid and micro-cap publicly listed companies in Malaysia.
“Censuria’s strategic deployment of these funds will support growth capital initiatives and facilitate strategic acquisitions, reflecting the firm’s commitment to fostering economic development within the Malaysian corporate ecosystem,” it added. — Bernama