CAL to buy 51 percent of Hong Kong frontier fund manager Asia Frontier Capital at USD 2.5Mn

Capital Alliance Holdings (CAL) has signed an agreement to acquire a 51 percent stake in Asia Frontier Capital (AFC), a Hong Kong-based fund manager that specialises in frontier equity markets. The deal is subject to regulatory approvals, including approval from the Securities and Futures Commission of Hong Kong, before it can be completed. CAL is […]

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