
CPE invests $1m in Malaysia’s Asia Bioenergy Technologies
China Private Equity Investment Holdings (CPE), an AIM-listed vehicle that claims to offer European investors exposure to Chinese private equity in China without the limitations imposed by closed-end funds, has bought a 13.08% stake in Asia Bioenergy Technology (ABT) for MYR3.5 million ($1.1 million).
According to a regulatory filing, CPE will purchase 50 million shares in ABT at MYR0.07 apiece through an open market transaction. The private equity firm will help ABT get access to China's TMT and financial...
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