Private equity investor Origo
Partners plans to raise up to USD30 million via a placing through an
accelerated book-building process. It says it will use the net proceeds to fund
a number of new, well-advanced investment opportunities in the Chinese
clean-tech and agriculture sectors and in the Mongolian natural resources
sector. Together with the company”s existing cash resources, the funds will be
used for, among other things, Mongolian mineral resource investment
opportunities totaling USD20 million.