KUALA LUMPUR, June 11 — Co-creation studio The Hive today announced its new partnership with Tuas Capital Partners (TCP) for a new South-east Asian base that will operate from out of Malaysia. Dubbed “The Hive Southeast Asia”, the collaboration is in response to the government’s soon to be...
Thursday, 11 Jun 2020 06:19 PM MYTOn June 5, Prime Minister Tan Sri Muhyiddin Yassin announced the formation of the Dana Penjana Nasional Investment Fund worth RM1.2 billion as part of the National Economic Recovery Plan to boost Malaysia’s economy through business digitalisation. — Picture via Facebook
Dubbed “The Hive Southeast Asia”, the collaboration is in response to the government’s soon to be announced Dana Penjana Nasional’s matching programme. “We are excited to work with a strong local partner like Tuas Capital Partners as we share the same ethos and investment beliefs and we hope that we will be able to share the insights and experiences that we have learnt through our previous three funds based out of Silicon Valley and also with the other regional funds — namely The Hive Brasil and The Hive India,” The Hive managing director T.M. Ravi said in a statement.
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