Leopard Cambodia Fund LP Invests in Engage Resources (Thailand) Co. Ltd.

Leopard Capital - Press Release | March 18, 2012

Phnom Penh, Cambodia – Leopard Capital LP announced today that Leopard Cambodia Fund LP has invested in Engage Resources (Thailand) Co. Ltd. (“Engage”), a producer and developer of kenaf-based products. Kenaf is a fibrous plant used in the animal feed, construction, and paper & pulp industries. Leopard Cambodia Fund’s investment provides growth capital required for Engage to continue its product development and to expand its operations from Thailand into Cambodia.  This growth capital injection will contribute to Engage’s product development, add value to its core business, and assist its regional expansion by drawing on Leopard’s local experience and networks.

Richard Intrator, Managing Partner and Chief Investment Officer of Leopard Cambodia Fund LP, commented: “We are pleased to invest in a fast-growing, pan-ASEAN agriculture business and help introduce a new high-yielding crop into Cambodia.  Engage’s management has taken a leading role in developing more efficient methods of producing kenaf in Southeast Asia.”
Robert Brodie, the CEO of Engage, added: “We welcome Leopard Capital as a funding partner to our Group. Leopard’s experience in developing projects and key networks across the region will prove valuable as we expand our operations into Cambodia.”