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Venture Capital Fund Helps Two Small Businesses in Thailand.

Bangkok Post (Bangkok, Thailand)

| April 03, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Busrin Treerapongpichit

Apr. 3--The SMEs Venture Capital Fund has invested a total of 18.5 million baht in two small businesses.

The fund, managed by One Asset Management Ltd, signed joint-venture contracts yesterday to invest 11.25 million baht in Pro-Soft Comtech Co, a corporate accounting and resource planning software producer; and 7.25 million baht in Golden Mind Service Co, an outsourcing service company for administration, accounting and engineering staff.

The fund will hold a 41.67 percent stake in the Pro-Soft Comtech, which is developing software for front-end working systems to connect with enterprise resource planning (ERP) ...

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Source: HighBeam Research, Venture Capital Fund Helps Two Small Businesses in Thailand.

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