Leopard Cambodia Fund Invests in Engage Resources (Thailand) Co. (Asia)
Source: Leopard Capital
Frontier markets investor Leopard Capital has invested in Engage Resources (Thailand) Co., a Thai producer and developer of kenaf-based products. Kenaf is a fibrous plant used in the animal feed, construction, and paper and pulp industries. The investment, which was structured through Leopard Cambodia Fund, is intended to allow Engage to continue product development and expand operations from Thailand to Cambodia. Financial details of the transaction were not disclosed.