Philippines - based virtual - workspace provider KMC Solutions has announced that Singaporean private equity firm ASEAN Industrial Growth Fund ( [UNK] ) has made an investment in the company for an undisclosed amount . Founded in 2010 , KMC , which currently has 21 locations throughout Metro Manila , Cebu and Mindanao , will use the investment to fund rapid expansion . AIGF is backed by Oracle Corporation , CIMB Group and Development Bank of Singapore .
Philippines-based co-workspace provider KMC Solutions has announced that Singaporean private equity firm ASEAN Industrial Growth Fund (AIGF) has made an investment in the company for an undisclosed amount. Founded in 2010, KMC, which currently has 21 locations throughout Metro Manila, Cebu and Iloilo, will use the investment to fund rapid expansion. AIGF is backed by Mitsubishi Corporation, CIMB Group and Development Bank of Japan.