Vietnam fund tops up investment
Mekong Enterprise Fund II invests up to $6.25 million in a manufacturing company in Vietnam
Mekong Capital announced Friday (January 5) that its fund, the Mekong Enterprise Fund II, will invest up to $6.25 million in Ngo Han Joint Stock Company, which is one of the largest manufacturers of magnet wire in Vietnam. The fund has already made an initial investment of $1.9 million and it expects to invest more after the law on the 30% limit on foreign ownership in unlisted companies has been clarified. This is an ongoing relationship for Mekong Capital. Its original fund, Mekong …
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