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Pemandu Associates launches investment arm with acquisition of local firm

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Pemandu Capital acquires a majority equity stake in Intramiles Sdn Bhd.

PETALING JAYA: Global consultancy Pemandu Associates unveiled its investment arm Pemandu Capital yesterday with the acquisition of a majority equity stake in a local manufacturer of personal care products.

The newly acquired company, Intramiles Sdn Bhd, produces more than 1,600 products across the haircare, skincare and bodycare segments.

In a statement issued to the media, Pemandu Associates said the acquisition “signals the beginning of a broader strategy” by Pemandu Capital to build a portfolio of high-potential small and medium enterprises.

Tags:investment armPemanduPemandu Capital


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