Expedient Equity Sdn. Bhd. is a local venture capital management company established under the first MAVCAP Outsource Partner Program managing RM25.0 million. Strategically located in Selangor and Penang, the investment focus is primarily directed towards early stage to late stage life sciences and ICT opportunities in Malaysia. To date, Expedient has fully invested the fund into 10 companies (5 life sciences companies and 5 ICT based companies)
Expedient Equity Ventures Sdn. Bhd.
Expedient Equity Ventures Sdn Bhd was incorporated in July 2007, pursuant to the Second Mavcap Outsource Partners Program (OSP-2) in a move to further grow Malaysia’s venture capital (VC) industry.
The principal objective of the company is to operate as a venture capital holding company to achieve an above average medium to long-term capital appreciation over the term of its charter life (8 years) by a combination of careful selection of investment opportunities and where applicable , active assistance to the management of the Investee Companies.
The total fund size of the Fund is RM30.3 million and it will be investing primarily in emerging growth companies within the ICT sector in Malaysia and in the region.
a. ) Malaysia Venture Capital Management Berhad (MAVCAP)
b. ) PKNK Entrepreneur Development Sdn Bhd
PKNK Entrepreneur Development Sdn Bhd is a subsidiary of the The Kedah Economic Development Corporation or Perbadanan Kemajuan Negeri Kedah (PKNK).
c. ) Expedient Equity Two Sdn Bhd
d. ) The Manager (Individuals)
Comprised mainly the management team of Expedient Equity Two Sdn Bhd, the Manager for Expedient Equity Ventures Sdn Bhd
Expedient Equity Two Sdn. Bhd. (The Manager)
The Manager is backed by a team of experienced professionals with complementary expertise from venture capital, financial services as well as technical background. Besides successfully managing the first fund of RM25 mil under MAVCAP’s Outsource Program, the Partners/Founders namely Mohamed Daniel and Jason Ng both have more than 35 years of cumulative experience within the financial services and venture capital industry, Mohamed Daniel having worked with one of the largest banks in Malaysia while Jason Ng was with several regional venture capital firms based in Malaysia.