Asia Greentech Fund, a leading venture capital firm in the green technology sector, has announced the disposal of 42.2 million shares or 9.0% of its investee company, Sunview Group Berhad. After the disposal, Asia Greentech Fund’s shareholding stands at 2.6% or 12.0 million shares. This strategic move is part of its exit strategy as a venture capital firm, and it is part of the normal procedure for its fund to exit after an IPO of the invested company.
The Asia Greentech Fund expressed its gratitude to Sunview Group Berhad and its management for their successful partnership. The company remains confident in Sunview Group Berhad’s vision, management, and growth prospects.
Partner for Asia Greentech Fund, Amin Ashari Bin Shafie, stated, “We are grateful for the opportunity to have partnered with Sunview Group Berhad and its management team. They have been exceptional partners throughout the investment period. This exit is part of our investment strategy, and we are confident that Sunview Group Berhad will continue to prosper and achieve even greater heights.”
Asia Greentech Fund remains committed to working closely with Sunview Group Berhad and supporting its future endeavours. The company extends its best wishes to Sunview Group Berhad as it embarks on the next phase of its journey.