Intrasia Capital

Intrasia Capital is mainly focused on investments. Its specialty resides in the development private and public companies of high growth potential in the energy, real estate, agricultural and financial services sector. Last year, AfrAsia Bank had opened up its capital to a new partner, the Trinity Financial Group from South Africa. That had allowed the former to open two offices in Johannesburg and Cape Town, respectively. With the new comer, AfrAsia Bank is considering a representation in Singapore to further enhance its regional network. The ambition of AfrAsia Bank is to become a reference as a merchant bank, investment bank, private bank and "global business" linking Mauritius to the commercial corridor between Asia and Africa. The Trinity Financial Group and Intrasia Capital share the same vision of extending the bank's activities throughout the Indian Ocean rim region, said James Benoit, Chief Executive of AfrAsia Bank. In Mauritius, Intrasia Capital is a financial partner of Vitagrain, a company engaged in the production of hybrid rice seeds. The Trinity Financial Group has announced the acquisition of 70% of the capital of Dale Capital Partners Holding and is to revive its historic strategy of investing in the finance, leisure, food and IT sectors. The Trinity Financial Group will, from now on, be known as the Dale Capital Group Ltd. Furthermore, the company intends to reduce the value of its shares threefold, which will be, from March onwards, listed in rupees instead of dollars as was the case so far. The company wants to be more approachable for Mauritian and South African investors. This article was translated from the french language article below: L'AfrAsia Bank poursuit son expansion régionale en s'ouvrant à un nouvel actionnaire, Intrasia Capital de Singapour. Le nouveau partenaire est un investisseur, développeur et une boutique de placement privé. Basé à Singapour il aidera l'AfrAsia Bank a mieux asseoir sa présence au niveau régional.