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Meranti ASEAN Growth Fund Press Conference

16 August, Singapore

The Gobi ASEAN team hosted a press conference at Block71 in Singapore recently to officially announce the first close for the MAG Fund. In attendance were co-founder and managing partner of Gobi, Thomas G. Tsao, partner Kay-Mok Ku, and vice president Victor Chua. Gobi also announced its limited partners who were represented by Mr. Younghoon Park of GS Shop, Mr. Jamaludin Bujang of MAVCAP, and Ms. Renee Tang of CKM. The firm subsequently revealed the Fund's first investment, Indonesian e-commerce company Sale Stock. Several of Gobi's portfolio companies from the ASEAN region, as well as prominent media, were also present at the event. 

For more on the event, please read: 

https://e27.co/gobi-partners-closes-us50m-new-us200m-fund-will-target-muslim-focused-tech-cloud-e-commerce-fintech-20170816/