Ascent Myanmar Growth Fund I LP (AMGF), Myanmar-Focused private equity fund owned by Ascent Capital Partners Pte. Ltd, a Singapore-registered fund management firm, has made a combined $26 million minority investment in Frontiir Pte. Ltd
Myanmar Business Today (Myanmar)
Ascent Myanmar Growth Fund I LP (AMGF), Myanmar-Focused private equity fund owned by Ascent Capital Partners Pte. Ltd, a Singapore-registered fund management firm, has made a combined $26 million minority investment in Frontiir Pte. Ltd, an internet service provider under the name Myanmar Net.
“By supporting Frontiir, a leading and trusted player in the TMT sector in Myanmar, we are furthering our commitment to make a positive impact in the country through investing in and building successful and sustainable businesses, and ensure communities can access affordable digital solutions,” said Mr. Lim Chong Chong, Founder and Managing Partner of Ascent Capital.
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