Tembusu Partners Makes its Fifth Distribution
Tembusu Partners announced the fifth distribution to investors from Tembusu Growth Fund I. The total amount distributed to date is 45.8% of the totalinvested capital.
Daniel Lee Appointed to the Board of ACTAtek Inc
As of February 2012, Daniel Lee has been appointed to the ACTAtek Inc Board of Directors. Daniel Lee is currently an Advisor to private equity firm Tembusu Partners and Director for MoneyWorld Capital (New Zealand) Ltd which is part of theMoneyWorld Group of Companies, a leading foreign exchange player withoffices in China, Hong Kong, Singapore […]
Tembusu Partners Makes a Second Divestment of Artivision Technologies Ltd
Tembusu Partners is pleased to announce a second partial divestment from Tembusu Growth Fund I portfolio company Artivision Technologies Ltd (“Artivision”) of eight million shares for SGD $2.3 million in January 2012. Tembusu Partners invested in Artivision in 2007 and continues to strongly support the Company and its vision moving forward.
Tembusu Growth Fund I makes follow-on investment into ACTAtek Inc
Tembusu Partners is pleased to announce that Tembusu Growth Fund Ltd (“TGF I”) has invested an additional S$1.5 million in ACTAtek Inc (“ACTAtek” or “Company”), a leading manufacturer and developer of ACTAtek®, a web-based biometricRFID smart card access control and time attendance system. ACTAtek recently entered into a distribution agreement with a large US distributor […]
Tembusu Partners completes full divestment of Cherie Hearts Group
Tembusu Partners announces it has fully exited from its investment in Cherie Hearts, achieving a 71% IRR. The complete divestment occurred in November 2011.