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Fund Plans to Invest $500 Million in Electronics, Tech Firms in North Asia.

Bangkok Post (Bangkok, Thailand)

| August 05, 2002 | COPYRIGHT 2002 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: Nuntawun Polkuamdee

Aug. 5--H&Q Asia Pacific plans to increase its fund investments by $500 million in the region over the next 12 months.

Virapan Pulges, the managing director of venture capital firm H&Q (Thailand), said the increased investments were likely to focus on IT and electronics firms in South Korea, China and Japan.

The H&Q Asia Pacific fund currently has an investment size of $1.8 billion. Investments by the fund in Thai companies total around $80 million.

Mr Virapan said many US and European firms had shifted their manufacturing bases to Asia to reduce fixed costs.

H&Q would continue to focus on ...

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Source: HighBeam Research, Fund Plans to Invest $500 Million in Electronics, Tech Firms in North...

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