Malaysia's COPE PE Acquires Stake in CC International

Malaysia’s COPE PE Acquires Stake in CC International

COPE Private Equity (COPE PE), a Kuala Lumpur-based private equity firm, has acquired a stake in CC International Bhd, a professional services company. The deal is reportedly worth RM30 million ($6.55 million), and it gives COPE PE a 20% stake in CC International.

CC International is a leading provider of business services in Malaysia and Australia. The company offers a wide range of services, including accounting, tax, corporate secretarial, property management, and consultancy.

COPE PE is a leading private equity firm in Malaysia with over RM1 billion ($218 million) in assets under management. The firm has a long history of investing in the Malaysian market, and it is known for its ability to grow and improve businesses.

Malaysia's COPE PE Acquires Stake in CC International

The deal between COPE PE and CC International is a sign of confidence in the Malaysian business services sector. CC International is a well-established company with a strong track record, and it is well-positioned to continue growing in the years to come.

Here are some of the key details of the deal:

  • COPE PE will acquire a 20% stake in CC International for RM30 million ($6.55 million).
  • COPE PE will become a minority shareholder in CC International.
  • The existing shareholders of CC International will retain the majority stake in the company.
  • The deal is expected to close in the third quarter of 2023.

The deal is expected to benefit both companies.

  • For COPE PE, the deal will give it a stake in a leading business services company with a strong growth potential.
  • For CC International, the deal will provide it with access to COPE PE’s capital and expertise.

The deal is a sign of confidence in the Malaysian business services sector.

CC International is a well-established company with a strong track record, and it is well-positioned to continue growing in the years to come. The deal between COPE PE and CC International is a sign that investors are bullish on the future of the Malaysian business services sector.

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