AI Group seeks listing on the NSX to accelerate growth in investment portfolio

Mon Apr 30, 2018 - 8:45am UTC

Actcelerate International Group (AI Group), which is eyeing investment in SMEs and high-tech startup companies, has recently lodged a prospectus to raise up to A$2.25 million and list on the National Stock Exchange of Australia (NSX).

Kuala Lumpur, Malaysia – April 30, 2018

The listing on Sydney based NSX will allow AI Group to further its investment focus on four major sectors – Information and Communications Technology, New Age Retail, Financial Services and Green Technology.

With its headquarters strategically located in Kuala Lumpur, one of ASEAN’s most vibrant hubs of economic growth, AI Group aims to invest in high-growth companies and businesses that meet its investment criteria, and help them to expand their market penetration. The main focus will be on companies that possess the potential for continued growth in the Asia Pacific region and beyond. The target companies’ valuation range is proposed to be from A$1 million to A$10 million, with the flexibility of equity, debt or hybrid investments.

AI Group believes that with its focus on investments in technology companies across a wide range of sectors, coupled with an experienced management team and board, it can achieve a balance between return on investment and acceptable risk.

AI Group puts the global market in view as it sets foot in the Asia-Pacific region for higher capital gains to maximise shareholder value. The company aims to become a preferred partner for SMEs and high-tech startup companies in the procurement of their development financing.

AI Group offers a complete investment package that covers provision of funding, know-how, management, market strategy, and competent human resources.

Anyone wishing to acquire shares will need to complete the application form which accompanies AI Group’s prospectus. The prospectus can be obtained from http://actcelerategroup.com/

This content is produced independently of Reuters Editorial News. For content inquiry, please contact reuters@vcnewsnetwork.com

This news is published on Reuters.

VCNN is your primary source for all venture capital news. We provide the latest breaking news and insider stories straight from the venture capital scene.