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Follow on Google News | Private equity firm Advent-Oriental is awarded Tsan Khun Bio-tech Private Placement offering,Advent-Oriental Asset Management who were recently featured locally as the up and coming boutique private equity firm, have just been awarded Tsan Khun Bio-tech’s very first private placement offering into the marketplace.
By: Kevin Wells Tsan Khun Bio-tech of Taiwan is known for their specialized technology into long life lithium cells. They are the first to use olivine-type lithium iron phosphate as the cathode material in large applications geared toward the green tech auto industry. Tsan Khun’s battery use is unique as they are long lasting and quick charging. The company has literally spent tens of millions of dollars in testing primarily to target the supplying to the motor industry. They are currently selling into Japanese and Korean auto manufacturing markets and are working toward US and European automakers. Tsan Khun’s spokesman Ma Ying Chen, who heads their international marketing department stated on Thursday; “We are fortunate to have Advent-Oriental as our new partner. The firm has deep insight into our industry and has demonstrated great involvement in our business and a solid understanding of the potential of our market throughout the discussions as well as the negotiations. He continues: “I am confident Advent-Oriental will support us as we continue our growth and implement our strategy to develop further our service offering in particular in value added services meeting both current and future needs of our clients throughout the auto industry”. Dr. Owen Post, Director of Research at Advent-Oriental was quoted as stating; We are delighted to have been awarded the partnership to work with Chen and the entire Tsan Khun Bio-tech team to help grow this great company. We wish the research and development group and management every success in their drive toward correcting the damages our world has placed upon our one and only planet. Their assured successful business model is perfect in ideal times through climate change and global warming” About TSAN KHUN Bio Tech Tsan Khun Bio Tech provides advanced Lithium Battery applications and solutions within the power cell technology sector and has shown to have the right ingredients in its capability to supply companies worldwide. They should assist their clients to develop and secure existing and new revenue streams. With 400 employees concentrated in client support, quality management , research and development and manufacturing, Tsan Khun combines global expertise and local knowledge into innovative research and development and customer support to support their clients' business. Headquartered in Taipei’s neighboring town of Kaohsiung Tsan Khun Bio tech has a 12,000 square meter facility Advent-Oriental has been an asset management firm since 1889, and a private equity firm since 1991. Since its inception in the then Burma, Advent-Oriental was the brainchild of Gen Sir John Leopold to assist and advise retiring British officers and men in investing their gratuities, pensions and assets wisely and prudently, in order that they may live out their retirement in comfort and security. Upon the death of Sir John in 1899, the company decided to open its doors to servicemen and civilians alike . In 1962, Advent-Oriental moved operations to Singapore because of the political situation that was developing in Burma. Two further moves were to follow; Hong Kong Island in 1966 and finally, Shanghai in 2004 where the center of operations is now located. Their focus since 1991 has been on the now fashionable “green” technology sector in sourcing, researching and identifying opportunities in companies that are developing, producing or manufacturing alternative energy solutions, ecologically friendly waste management & disposal systems– and their ancillaries. The marriage made recent in this partnership with Tsan Khun fall directly into the specialty of Advent-Oriental and their client base. # # # Advent – Oriental was founded in Rangoon, Burma (now Myanmar) in 1889. Now based in Shanghai,and focussing on the“green” End
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