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.”
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