Legend Capital’s Portfolio Company Singfilm Solar Achieves Breakthrough in Perovskite Solar Cell Efficiency

HONG KONG, July 15, 2024 – (ACN Newswire) – Legend Capital’s portfolio company, Singfilm Solar, a leading innovator in the research and manufacturing of high-efficiency perovskite solar cells, has announced that its self-developed perovskite solar module has achieved a steady-state conversion efficiency of 22.6%, certified by authoritative institutions. This breakthrough has earned a place in the esteemed Martin Green Efficiency Table (Version 64), marking the third time Singfilm Solar’s innovations have been recognized by this authority. This achievement underscores Singfilm Solar’s pioneering status in the global perovskite field and highlights the potential for transitioning from laboratory research to commercial production.

Founded in July 2023 in Singapore, Singfilm Solar’s team brings over a decade of experience in perovskite materials, processes, and equipment. The company is focused on developing and producing highly efficient and stable perovskite cells.

The improvement of photovoltaic conversion efficiency is crucial, as each 1% increase can result in a 4% rise in power generation and revenue. Perovskite cells, with their ideal band gap width, offer theoretical efficiencies of over 33% for single-junction and 43% for tandem cells, far exceeding traditional crystalline silicon cells. This positions perovskite as the next-generation photovoltaic material.

Despite its potential, the widespread adoption of perovskite in the photovoltaic industry has been hindered by stability challenges. Achieving a balance between power conversion efficiency and operational stability under complex conditions, while also ensuring manufacturing scalability, remains a critical hurdle. Moreover, exploiting the unique properties of perovskite, such as adjustable band gap, lightweight, high efficiency, and simple raw materials, to develop various photovoltaic products for different applications is a significant challenge in its commercialization.

Singfilm Solar’s proprietary Quasi-Mono high-quality perovskite industrial preparation technology supports high-throughput continuous production on large rigid and flexible substrates. Accelerated aging tests have validated the commercial product’s lifespan, making Singfilm’s commercial-sized perovskite modules the first to combine high efficiency, stability, and manufacturability. The company holds several core technologies in perovskite materials, preparation methods, and cell and module structures.

The founder of Singfilm Solar, Professor Yi Hou, is a Presidential Young Professor at the National University of Singapore (NUS) and leads the Perovskite and Tandem Solar Cells group at the Solar Energy Research Institute of Singapore (SERIS). A pioneer in perovskite research, Professor Hou’s work has been published in top academic journals such as Science and Nature ï¼ˆhttps://blog.nus.edu.sg/yihoulab/). The establishment of Singfilm Solar has received substantial support from NUS, providing a strong scientific foundation for the company’s rapid development.

In early 2024, Legend Capital led a round of angel funding for Singfilm Solar. This financing aims to expand Singfilm’s pilot line in Singapore, enhance the R&D team, and develop a global client base.

Professor Yi Hou, founder of Singfilm Solar, stated:

We are standing at the pinnacle of a perovskite technology revolution, committed to transforming laboratory innovations into real-world applications. Singfilm has not only repeatedly broken the records of the power conversion efficiency of perovskite solar cells but has also continuously made significant progress in device stability and scalable manufacturability.

I am filled with anticipation and excitement for Singfilm’s first commercial project in Europe. This is not only a recognition of our team’s technological maturity but also an important step in showcasing innovative clean energy solutions to the world.

I would like to thank Legend Capital and all the partners who support Singfilm. It is your trust that allows us to keep moving forward. We look forward to welcoming a brighter future for perovskite technology together with you all.

Managing Director of Legend Capital, Wenlong Wang, commented:

Singfilm is dedicated to creating the next generation of mainstream photovoltaic products, attracting top experts in perovskite research and thin-film industrialization from around the world. The team possesses comprehensive and solid technical expertise, and what is even more commendable is their focus on addressing the challenges of mass production implementation from day one.

Legend Capital is fortunate to be part of this exciting entrepreneurial journey, actively providing support in equipment, materials, scenarios, and channels by leveraging its accumulated resources in the new energy industry. Congratulations to the company for breaking the world record in its debut, and I look forward to this young and high-potential team continuing to make breakthroughs and successfully achieving subsequent milestones.

About Legend Capital

Founded in 2001, Legend Capital is a leading VC&PE investor focusing on the early-stage and growth-stage opportunities in China, with offices across Beijing, Shanghai, Shenzhen, Hong Kong, Seoul and Singapore.

It currently manages USD and RMB funds of over US$10 billion in commitments, and has invested in around 600 companies, covering technology, healthcare, consumer, enterprise service and intelligent manufacturing sectors. Rooted in China, Legend Capital participated in the rise of many world-leading companies by solid investment coverage and systematic post-investment value-add. Over the years, Legend Capital has also become a widely recognized name in bridging key resources in China and overseas through cross-border activities, and a valuable partner to Chinese and overseas investors.

Legend Capital values long-term sustainable investment and incorporates ESG into its long-term development strategy. As a UNPRI signatory since November 2019, Legend Capital is among the first group of top VC/PE firms in China to join the initiative.

For more information, please visit http://www.legendcapital.com.cn/index_en.aspx and follow us on LinkedIn @Legend Capital.

The article is distributed by Ever Bloom (HK) Communications Consultants Group Limited on behalf of Legend Capital.

For further information, please contact:
Ms. Orianna Ou / Ms. Arina He
Tel: +852 3468 8171
Email: legendcapital.list@everbloom.com.cn

MooFest 2024 by Moomoo Singapore and AlphaInvest Receives Massive Turnout

MooFest 2024 organised at Suntec Convention Centre was timely as financial markets are at inflection point due to rapid advances in technology.
“Thinking Forward and Mastering the Future” theme inspired attendees on achieving their financial aspirations.
Impressive lineup of Thought Leadership speakers and panellists, included representatives from Singapore, Japan, and the US.

SINGAPORE, July 12, 2024 – (ACN Newswire) – AlphaInvest Holdings Pte Ltd, a leading regional financial services, media, and technology company, and Moomoo Singapore, a leading digitalised brokerage in Singapore, co-organised MooFest 2024 (“MooFest 2024”), a premier investment event which took place on 6th July 2024 at Suntec Convention Centre, Singapore.

MooFest 2024 - Inspiring attendees to think forward and master the future. — MooFest 2024 – Inspiring attendees to think forward and master the future.

Due to rapid advances in technology and their impact on trading infrastructure, investing information, and investment decision-making, this year’s event, “Thinking Forward, Mastering the Future,” was a landmark gathering for all investors in the financial markets.

Mr. Christopher Lee, Group Chief Executive Officer and co-founder of AlphaInvest Holdings Pte. Ltd., said, “In the digital age, investors face a landscape filled with unprecedented challenges but also great opportunities. Global financial markets are increasingly interconnected, and technological advancements are reshaping the investing landscape. At the heart of all this is Information—the oil that lubricates investment decision-making. At AlphaInvest, we are committed to helping investors navigate the complexities of modern financial markets by providing investors with timely, reliable, accurate, and quality Information as well as the digital tools to glean insights, formulate strategies and implement risk management from the Information.”

This year’s event attracted more than 3,000 attendees, with a star-studded lineup of speakers and panellists including Gavin Chia (Moomoo SG), Echo Zhao (Moomoo SG), Lily Chia (Singapore Exchange), James McKeone (NASDAQ), and Hiroki Kawai (Japan Exchange Group). They shared with attendees their valuable insights on topics such as global challenges and opportunities in the digital age, innovations in market and trading infrastructure, and the impact of technology on stock exchanges.

Mr. Gavin Chia, CEO of Moomoo Singapore, remarked, “The rapid advancement of technology has revolutionised stock exchanges globally, making them more efficient, accessible, and transparent. Our focus at Moomoo Singapore is to provide our clients with seamless and secure trading and custodian services. By leveraging new technologies such as AI, we are not only enhancing the operational efficiencies of our trading infrastructure but empowering investors with real-time insights and data-driven decision-making capabilities.”

Mr. Chia revealed that, on average, investors were increasing the proportion of U.S. stocks in their portfolio to 70% even as they held 20 % of their portfolio in Singapore stocks with strong fundamentals and good valuations. Mr Chia also remarked that with the ‘higher for longer’ interest rate environment, there was good demand for money market funds, and investors were also interested in holding cryptocurrency for portfolio diversification. Chia announced that Moomoo Singapore will soon offer cryptocurrency trading on its platform, just months after receiving the Major Payment Institution (MPI) License from the Monetary Authority of Singapore.

About AlphaInvest Holdings Pte. Ltd. | www.alphainvestholdings.com

A leading regional financial services, media and technology company, AlphaInvest Holdings Pte Ltd (“AlphaInvest” or “the Group”) was founded in 1999 to empower investors by providing them with trusted products and services for informed investment decision-making. Its core areas of business span investor relations, market data tools and investor education.

AlphaInvest Group operates the largest investor relations network in the region, with a customer base of about 700 public listed companies and a reach of over 300,000 people across its platforms. The Group has over 120 employees in four countries (Singapore, Malaysia, Thailand, and Indonesia).

The Group has made several strategic investments:

Investor relations / public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg)
Singapore’s leading social media platform for investors, InvestingNote (www.investingnote.com)

InvestingNote is the largest and most active social platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, news and insights through social networking and a variety of useful investment tools.

ShareInvestor (www.shareinvestor.com) offers online market data tools for multiple markets through its ShareInvestor Station™, ShareInvestor WebPro™, and ShareInvestor Mobile products.

AlphaInvest’s digital publications include:

Investor-One (www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics
Inve$t, an e-magazine published weekly in Singapore and Malaysia.

AlphaInvest organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair™(www.investfair.com.sg) in Singapore and Malaysia draws thousands of participants. Other key exhibition includes the largest REIT event ie REITS Symposium (www.reitsymposium.com).

Media Contact:

Mr. Nigel Lim
ShareInvestor / InvestingNote
Email: nigel.lim@shareinvestor.com
Mobile/WhatsApp: (+65) 8161-4010

Mr. Wayne Koo
ShareInvestor / Waterbrooks
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg
Mobile/WhatsApp: (+65) 9338-8166

Mr. Gavin Chia, CEO of Moomoo Singapore, delivering the keynote presentation

AlphaInvest Team with Moomoo’s Mascot at MooFest 2024

Eton Solutions Launches AtlasFive for Family Office Wealth Management in India; Onboards Catamaran as its Launch Customer

BANGALORE, INDIA, July 10, 2024 – (ACN Newswire) – Eton Solutions, a global leader in cloud-based services for family offices of the future, is launching AtlasFive®, its renowned ERP platform for family offices in India. Eton Solutions also announced the family office of Infosys’ founder, Narayana Murthy, Catamaran, as its launch customer. This underscores its commitment to offering a comprehensive, innovative and localised ERP platform for family offices across the country. Headquartered in North Carolina, USA, it has had a presence in India for the past 5 years with over 300 employees at their Global Technology Center in Bengaluru supporting AtlasFive® clients globally.

Catamaran will use Eton Solutions’ AtlasFive® platform to streamline its investment portfolio management and enhance operational planning, reporting and compliance. Eton Solutions has developed a highly sophisticated ERP platform, AtlasFive®, a fully integrated, secure cloud-native AI-driven software tailored to meet the complex needs of family offices, currently managing over $781 billion for 665 families worldwide. Over 11.5 million transactions are processed annually with 92,000 entities on this platform. The platform integrates all operational facets of a family office into a cohesive solution, emphasising efficiency and operating leverage.

Eton Solutions is also planning to set up a presence in GIFT City, Gujarat, in the near future to support the growth of its services provided to clients globally. This new Technology Center is a key milestone for the company’s expansion strategy and will serve as a hub for Eton Solutions’ operations in the country, allowing it to leverage the unique advantages of GIFT City’s world-class infrastructure and regulatory environment.

“We chose AtlasFive® for its proven ability to streamline investment management across multiple asset classes and to support our growth objectives.” said Deepak Padaki, President of Catamaran. “The platform’s sophisticated workflow automation capabilities will help integrate back-office operations with portfolio management, allowing us to be more productive in our investment activities.”

Satyen Patel, Executive Chairman of Eton Solutions, said, “The emergence of India as a financial powerhouse with the 3rd largest concentration of billionaires in the world after China and the USA, fits squarely with Eton Solutions’ international expansion plans. India is a critical market within our global growth strategy, and we are bullish about the opportunities in this geography, and about servicing the diaspora internationally from India. The fact that we are gearing up to open our next Technology Center in GIFT City very soon is a testimony to our commitment.”

Satyen added, “We are thrilled to have Catamaran as the first among what we are confident of, will be many marquee customers in India. Our partnership with Catamaran highlights the power and versatility of AtlasFive®. We are confident that our platform will empower Catamaran to achieve its ambitious growth targets while upholding the highest standards of corporate governance.”

The availability of advanced platforms such as AtlasFive® in India will be transformative for the Indian family office landscape, making India a more attractive investment destination for family offices globally. Eton Solutions’ vision to address the complex needs of ultra-high-net-worth families is bolstered by a belief that a holistic, integrated platform with support from a team of skilled experts with domain knowledge in the family-office space, can enable single-family offices, multi-family offices, and professional services firms to reimagine the value they can provide to their clients.

About Eton Solutions:

Eton Solutions is an ERP software product (AtlasFive®) and services company founded to handle the complexities of servicing ultra-high-net-worth families globally. The company is based in the United States, in Research Triangle Park, NC. with its international headquarters in Singapore focused on serving markets outside of the Americas. Created by family office leaders, Eton Solutions’ flagship product is AtlasFive®, managing over US$781 billion on our integrated platform that holistically aggregates and manages all your liquid and alternative investment assets and office’s data, reporting and workflow processes. With one source of truth, Eton Solutions leads family offices into the future by maximising efficiency and minimising errors and risk. Eton Solutions has experienced a CAGR of over 100% since its inception.

Visit: https://www.eton-solutions.com

About Catamaran:

Catamaran is the investment firm and family office of Narayana Murthy, founder of Infosys. With over $1 billion in assets, Catamaran focuses on public and private investments across technology, manufacturing, deep-tech and e-commerce.

Visit: https://www.catamaran.in/

For all media queries, please contact:
Ritika Kar | ritika.kar@adfactorspr.com |+91 97113 06380
Shraddha Malakar |shraddha.malakar@adfactorspr.com | +91 9167099173

Chaosua Foods Industry (SET: CHAO) opens trading on the Stock Exchange of Thailand

BANGKOK, July 9, 2024 – (ACN Newswire) – Chaosua Foods Industry PCL (‘CHAO’) today listed its shares for trading on the Stock Exchange of Thailand (SET) in the “Agro & Food” (AGRO) industry group under the “Food and Beverage” (FOOD) business sector, using the abbreviation CHAO for share trading. The Company boasts market leadership in “modern Thai snacks”, which have been popular with consumers for decades.

CHAO, with 66 years in the industry, is now ready to leverage current successes by taking Thai brands to the global stage, introducing the “Chaosua” and “Wholesome” brands to a worldwide market under the “Bring Local to Global” concept.

The Company is also moving forward with the construction of the second “Wholesome” brand factory and further upgrading operating system automation to support the growth potential derived from expanding overseas markets. This is reflected in the 1Q/2024 operating results, which show net profit for the quarter expanding by 43.4%.

Ms Napatr Morin, Chief Executive Officer of CHAO, said the Company has always been committed to creating tasty food products and can be relied upon to produce consistently high-quality products. This characteristic has been driven by innovations and care for the planet. The Vision is to bring the secret recipes of Chaosua’s Thai flavours to the international market while continuously creating new products to fit the “Everyday Consumption” approach in response to the lifestyle of consumers on every occasion, including being the preferred choices for consumers as “Better-For-You Snacks”.

At the same time, the Company is determined to create growth in the global market by developing the Chaosua and Wholesome brands into the appropriate and universally accepted global brands under the “Bring Local to Global” concept. This is a part of the drive to grow the Company in quantum jumps in a bid to maintain the leadership in the business of producing and distributing “modern Thai snacks to continually meet the lifestyle needs of consumers. The Company will also continue to expand distribution channels to cover both domestic and international markets to create sustainable growth.

“In listing ‘CHAO’ on the Stock Exchange of Thailand, we believe that this move will help promote growth – from the accessibility to capital and to the expansion of production capacity. We are preparing to build the second ‘Wholesome’ factory, along with being ready to further create continuous growth, maintain leadership status in the rice crackers and snack foods processed from pork products, and expand the production of new products in response to current and future consumption trends. More importantly, the company is fully mindful of its responsibility towards society, the environment and all stakeholders, to create good returns for investors in the long term,” Ms Napatr said.

Ms Intu-on Morin, Director of Accounting & Finance, CHAO, said that over the past three years, the Company has achieved strong operating results, both in revenue and net profit. In 2021, 2022, and 2023, revenues from sales were 1,135.1 million baht, 1,413.6 million baht, and 1,493.4 million baht, respectively, representing an average annual growth rate of 14.7%. Where net profit was concerned, the Company posted 64.4 million baht, 86.6 million baht, and 161.6 million baht in net profits in 2021, 2022 and 2023, respectively, representing an average growth rate of 58.45%, and the net profit rate continued to increase at 5.6%, 6.1% and 10.7%, respectively. The Company’s growth in net profit was the result of the increase in sales revenue, effective cost management, and economies of scale.

Meanwhile, operating results in 1Q/2024 showed a sales income of 336.2 million baht, growing 4.1% compared to 1Q/2023 as a result of the growth of the snack product group. Net profit in Q1/2024 was 26.7 million baht, an increase of 43.4%, compared to Q1/2023, reflecting the strong growth of operating results of the group of companies due to the implementation of the strategic plan as it laid out, the expansion of the market and the customer base, as well as the expansion of the distribution channels both domestically and abroad to foster sustainable growth.

Mr. Pongsak Phrukpaisal, Managing Director of Kasikorn Securities, CHAO’s financial advisor and underwriter of common shares, said that CHAO is considered a Company with strong fundamentals, creating good returns for investors, with its strength of being a leader in the modern Thai snack market with No.1 market share in the rice crackers category (78.5% in 2022) and snacks processed from pork (57.2% in 2022). The Company has a wide variety of products that are able to respond to consumer lifestyles, continuously developing new products under the “Better-for-You Snack” concept to meet constantly shifting consumption trends. The Company owns the popular “Chaosua” brand, gaining confidence in its quality by international standards. The distribution channels are wide and varied, while its 66 years of experience and expertise in the industry are reflected in its ability to make profits with a clear investment plan to expand the business.

In addition, the Company is still in its growth stage and the offering is classified as “Growth Stocks” due to being in an industry with a high growth rate, while it is also able to create new products to continuously meet the needs of consumers. That, along with the overseas market expansion plans in countries with growth potential. At the time of the IPO, CHAO was considered a new offering that institutional and retail investors were very much interested in, with a total offering value of 1,034.67 million baht after being listed on the Stock Exchange of Thailand. This development will help to enhance “Chaosua’s” business growth potential while also creating sustainable growth for the maximum benefit of shareholders and all stakeholders. Therefore, CHAO will be another quality stock for investors in the Thai capital market to consider, said Pongsak.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Chao Sua Foods Industry Plc.
For additional information, please contact: Wasana “Jeab” Wongsiri
Tel: +66 (0) 84 359 0659, +66 (0) 2 612 2081 ext. 131; Email: wasana.w@mtmultimedia.com

Chaosua Foods Industry [SET: CHAO; CHAO/F; CHAO-R] https://www.chaosua.com/en/

Standard Chartered GBA business confidence survey shows sentiment holding up

HONG KONG, July 8, 2024 – (ACN Newswire) – Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the Standard Chartered GBA Business Confidence Index (GBAI) for the second quarter of 2024. The “current performance” index for business activity remained largely unchanged in Q2 at 54.1, compared to 54.3 in Q1, and near its strongest level since Q2 of 2021. The GBAI “expectations” index rose to 54.8 in Q2 from 54.0 in Q1, registering its first rise in five quarters. The figures remain comfortably above the 50 neutral mark, reflecting sustained expansionary momentum following a solid start to the year.

At the city level, Hong Kong’s “current performance” rose to 47.1 from 43.3, while “expectations” increased to 49.7 from 44.2, getting closer to the 50 neutral level. However, Guangzhou’s “current performance” index fell to 53.6 from 57.1 and “expectations” dropped to 56.6 from 60.6. Shenzhen posted the highest “current performance” at 57.3 and “expectations” at 57.1.

The performance among specific industry categories was diverse. “Retail and wholesale” (+3.9 points for “current performance” and +2.6 points for “expectations”), “financial services” (+15.0 points, +10.7 points) and “professional services” (+7.6 points, +12.3 points) all improved materially quarter-on-quarter. The May Labour Day holidays and an early start to the “618” online shopping festival probably boosted household demand, allowing “retail and wholesale” to beat “manufacturing and trading” (-0.9 points, +0.7 points), despite the latter’s stronger start to the year.

“Innovation and technology” (I&T) appeared to take a hit from tariff concerns, with the category’s “current performance” sub-index plunging to 43.9 from 57.8 previously, and “expectations” falling sharply to 38.1 from 54.6 in Q1. However, the level of confidence across I&T respondents varied in the three key cities of Shenzhen (42.0 for “current performance” and 33.7 for “expectations”), Guangzhou (50.0, 59.4) and Hong Kong (63.2, 76.0). This shows that not all tech companies are equally vulnerable to tariff hikes from countries in the west.

Kelvin Lau, Senior Economist, Greater China, Standard Chartered, said: “During the survey period, the US hiked tariffs on US$18bn worth of imports from China as part of its Section 301 review. The same period also marked the run-up to the European Commission’s more recent decision to impose anti-subsidy tariffs on Chinese electric vehicles (EVs). Some of our I&T respondents are probably part of such EV and lithium battery supply chains, and their reliance on external demand could be a lingering concern going into the US elections. That said, we take comfort from Hong Kong’s I&T outperformance, which likely reflected the city’s recent innovation and technology push via attracting strategic enterprises and related talent.”

New quality productive forces offer investment catalyst

The term “new quality productive forces” describes China’s push to modernise its economic growth model through technological innovation and transformation. While one of the main concerns over the push is whether there will be enough demand to absorb output from the increase in production capacity, only 11.7% of respondents saw “a very high risk” of overinvestment and potential overcapacity in some of the new industries, while a more substantial 36.7% described this as “only a low risk” while acknowledging that risks exist.

The risk of overcapacity or macro concerns such as an uncertain economic outlook did not deter GBA companies from upgrading equipment and planning to make other business investments in the next 12 months. Of the respondents, 26.1% said they planned to increase such investment materially or marginally, versus just 6.9% planning a decrease. A majority 67% opted for no change.

Irina Fan, HKTDC Director of Research, said: “Recent economic data from Mainland China indicates that the country’s growth remains at a solid pace so far this year. A greater role for Hong Kong is expected, particularly in the area of industrial transformation as the country focuses on pushing through the new quality productive forces. We also see room for financing and investment expectations to play catch-up.”

About the GBAI

The GBAI is the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects in cities and industries across the GBA. It is compiled based on a survey of more than 1,000 companies in the GBA covering the manufacturing and trading, retail and wholesale, financial services, professional services and innovation and technology sectors. The index enables investors and businesses to better understand the current business climate, gauge future performance prospects and formulate their market strategies for the GBA.

Related materials

Standard Chartered GBA Business Confidence Index Report: https://av.sc.com/hk/content/docs/hk-gbr-en-q2-2024.pdf
HKTDC Research: https://research.hktdc.com/en/article/MTczNTkwMDM0MQ

Photos download: https://bit.ly/4ePUtql

A person and person holding signsDescription automatically generated

Kelvin Lau (left), Senior Economist, Greater China, Standard Chartered, and Irina Fan (right), Director of Research, HKTDC, announced the latest GBA Business Confidence Index (GBAI) today (8 July).

A person in a suit speaking into microphonesDescription automatically generated

Kelvin Lau, Senior Economist, Greater China, Standard Chartered

A person speaking into microphonesDescription automatically generated

Irina Fan, Director of Research, HKTDC

Media enquiries

Corporate Affairs Department

Standard Chartered Bank (Hong Kong) Limited

Lilian Goh

Tel: (852) 3843 0341

Email: lilian.goh@sc.com

Communications & Public Affairs Department HKTDC
Katy Wong	Clayton Lauw
Tel: (852) 2584 4524	Tel: (852) 2584 4472
Email: katy.ky.wong@hktdc.org	Email: clayton.y.lauw@hktdc.org

About Standard Chartered

We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR’s three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

AltaX, Hamilton Lane and Phillip Securities Collaborate on Tokenised Private Credit Fund under Project Guardian

Parties will address the challenges and opportunities of increasing access to private credit funds as part of the initiative
Enable seamless trading by leveraging an active global community of traders and market makers to enhance liquidity and market participation.
As part of their use case under Project Guardian, the parties also plan to introduce the world’s first tokenised Shariah-compliant private credit fund for an innovative private income product

SINGAPORE, July 8, 2024 – (ACN Newswire) – Alta Exchange (“AltaX”), a leading private market digital securities exchange in Asia; Phillip Securities Pte. Ltd (“PSPL”), a member of PhillipCapital; and leading global private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced their collaboration in Monetary Authority of Singapore’s Project Guardian, a collaborative initiative between policymakers and the financial industry to enhance the liquidity and efficiency of financial markets through asset tokenisation.

Alongside joining Project Guardian, the three firms are collaborating on a use case aiming to broaden access to the tokenised version of Hamilton Lane’s Senior Credit Opportunities (“SCOPE”) Fund listed on AltaX, which launched in March of 2023. SCOPE is an all-weather senior private credit evergreen vehicle intended for investors seeking potential safety and yield.

Tokenising and listing SCOPE on AltaX marked the completion of the first of two strategic phases for the partnership. Phase one gave accredited and institutional investors the ability to manage their risk exposure dynamically, respond to market conditions with agility and seamlessly engage with a global community of active traders and market makers, thereby enhancing liquidity and market depth.

Phase two aims to look at other ways to broaden access to private credit, including by exploring the potential to introduce the world’s first Shariah-compliant tokenised private credit fund, with the aim of serving the underserved and rapidly growing global Islamic funds market.

“In today’s financial landscape, fixed income vehicles often lack short-term liquidity and accessibility, particularly for those seeking smaller investment opportunities. This restricts efficient capital allocation and hinders a more agile approach to portfolio management. At AltaX, we are committed to breaking down these barriers. Leveraging blockchain technology and our extensive network, we’re transforming the way global investors access alternative assets. Our collaboration with Hamilton Lane and PSPL underscores our commitment to financial inclusivity, expanding market reach, and enabling a diverse range of investors to participate in the growing private credit market,” said Kelvin Lee, Co-founder and CEO, Alta.

Victor Jung, Head of Digital Assets at Hamilton Lane, said: “We’re excited to partner with AltaX and Phillip Securities under Project Guardian, collaborating on a use case that focuses on tokenising our SCOPE Fund. We are focused on continuing to innovate around this offering, opening doors to investors of all types and fostering a more inclusive financial ecosystem. In our view, this collaboration is poised to have a significant impact on private credit and the broader private markets landscape.”

Mr. Luke Lim, Managing Director of Phillip Securities, said: “We are excited to be at the forefront of financial innovation through our collaboration with AltaX and Hamilton Lane under Project Guardian. This partnership represents an exciting frontier for Phillip Securities as we continue to innovate and develop new investment products for our clients. By combining our expertise and resources, we are able to bring cutting-edge solutions to meet the evolving and diverse needs of sophisticated investors. This is just the beginning, and we look forward to the significant impact this collaboration will have on expanding opportunities for investors globally and working together towards a sustainable digital asset ecosystem.”

Alta is committed to tackling the challenge of private market illiquidity with its accessible, efficient, and secure exchange platform. In acknowledgment of those efforts, Alta has recently been named as a 2024 Technology Pioneer by the World Economic Forum. Alta’s technology-powered initiatives are transforming the financial landscape by empowering a diverse array of investors to engage in alternative investments and the firm believes that broadening access to capital markets is crucial for fostering sustainable growth and generating new opportunities for communities globally.

About Alta

As the leading licensed digital securities exchange for alternative investments in Asia, Alta is building critical capital market infrastructure backed by the most active securities brokerages and bookrunners on the Singapore Exchange – Phillip Securities, PrimePartners and Nomura Holdings (Japan).

Empowering Private Markets: Through its digital securities exchange, Alta enables the tokenisation and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets. Access to capital markets is pivotal in all economies, and Alta believes that its role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.

Innovative Financial Ecosystem: Alta’s journey has seen it transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities representing real world assets like whiskies, wines, to include fund management and digital custody.

Find out more on https://alta.exchange/

For media inquiries, please contact:
Deeksha Kakkar
Marketing Communications Specialist, Alta
deeksha.kakkar@alta.exchange

About Hamilton Lane

Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 700 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has over $920 billion in assets under management and supervision, composed of more than $124 billion in discretionary assets and approximately $796 billion in non-discretionary assets, as of March 31, 2024. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies.

For more information, please visit our website or follow Hamilton Lane on LinkedIn.

Hamilton Lane Media Contact
Immy Ransom
iransom@hamiltonlane.com

About Phillip Securities

A member of PhillipCapital, Phillip Securities Pte Ltd offers a comprehensive suite of financial products and services including broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange-traded funds, fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.

Since its inception as a stockbroker in 1975, PhillipCapital has grown into an integrated Asian financial house with a global presence and offers a full range of quality and innovative services to retail and high-net-worth individuals, family offices, as well as corporate and institutional customers. In 1996, Phillip Securities became the first retail broker to launch POEMS, an online trading platform and changed the way investors trade in Singapore.

Today, PhillipCapital headquartered in Singapore, operates in the financial hubs of 15 countries, including offices in Australia, Cambodia, China (and Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, Spain, Thailand, Turkey, UK, UAE, USA and Vietnam, serving over 1 million clients with Assets Under Management of total more than USD 50 Billion.

Find out more about us here https://www.phillip.com.sg/ and our award-winning trading platforms here https://www.poems.com.sg/

No Offshore Bonds Maturing in the Next 15 Months after Fosun Pays Off its USD600 Million Bond in July

HONG KONG, July 5, 2024 – (ACN Newswire) – On 2 July, Fosun International (HKEX: 0656) successfully paid off USD600 million maturing US dollar bond. With this repayment, Fosun has now fulfilled all of its offshore bonds obligations due this year, and has no offshore bonds maturing in the next 15 months.

This successful USD600 million bond repayment reflects Fosun’s consistent efforts to further reduce its public market bond and optimize its debt structure, after navigating through the maturity wall in 2023, once again demonstrating its operational stability and financial resilience. Furthermore, Fosun has maintained long-term, stable cooperative relationships with broad-based domestic and international banks, giving it the flexibility to time the progress of its asset divestments. Fosun International collaborated with nearly 15 domestic and international banks to raise a syndicate loan of no less than USD600 million in the first half of this year. It is reported that the syndicate is currently in the greenshoe stage, and more banks are expected to join the syndicate.

Despite of many challenges in the global environment, Fosun, on the one hand, has deterministically implemented the strategic adjustment of “operation streamlining and core businesses focusing” and divest sizable non-core and non-strategy assets. On the other hand, Fosun has continued to focus on core industries, optimize its asset portfolio, and enhance its presence in businesses with stable cash flows and profit growth potential. According to public disclosure, since 2022, Fosun has divested assets including Nanjing Iron & Steel, Jianlong Shares, Shanghai PANASIA Shipping, AmeriTrust, Ageas and HAL, etc., in an orderly manner, generating tens of billions in cash inflow.

Fosun’s recent divestment of HAL has been well noticed by many market observers. Fosun’s asset divestment does not only drive debt deduction, but also optimizes its portfolio mix so that Fosun can achieve asset-light operation. The HAL transaction has demonstrated Fosun’s standardized, replicable and sustainable core business operational capabilities encompassing “global operations” and “value realization”. Leveraging its in-depth operational management, Fosun supported HAL’s M&As, enabling HAL to fully harness the advantages of Fosun’s globalization strategy to accelerate business upgrades and enhance asset value. As the consideration of the HAL transaction is higher than the historical total investment cost, the transaction is expected to secure double-digit IRR for Fosun.

In recent years, Fosun has steadily divested non-core assets, demonstrating its asset quality and execution capabilities; at the same time, Fosun has been fully supported by both domestic and international financial institutions, as a vote of confidence to Fosun’s credit profile. On 30 May this year, S&P Global Ratings issued a rating report, affirming its stable outlook on Fosun International’s long-term issuer and issue credit ratings, with an overall positive stance.

S&P Global Ratings expects Fosun’s asset quality and credit quality to remain stable, with possible further improvement. Despite the ongoing complex global macroeconomic landscape, Fosun has maintained stable credit indicators as assessed by S&P Global Ratings, which is attributed to its steadfast pursuit of the core business-focused strategy, further strengthening its organic growth momentum.

In addition to the recognition from banks as well as international credit rating agency, domestic and international investment institutions such as Citibank, UBS, Nomura, and Founder Securities, Kaiyuan Securities, and Essence International have also published research reports expressing their bullish view on Fosun International’s steadfast execution of its strategy to focus on core businesses and strike a balance between investment and divestment. These institutions have assigned Fosun International a “Buy” or “Overweight” rating. Essence International gave a target price of HKD7.5 for Fosun, implying a potential upside of 78% from the current price.

Proven Land Sdn. Bhd. Announces Partnership and Investment in EXSIM, Supported by Octowill Trustees

KUALA LUMPUR, July 5, 2024 – (ACN Newswire) – Proven Land Sdn Bhd (“Proven Land”). is pleased to announce the signing of an agreement with a wholly owned subsidiary of EXSIM Development Sdn Bhd (“EXSIM”) to subscribe a stake in the renowned property development company. This collaboration allows Proven Land to benefit from a diverse and innovative project portfolio that promises significant growth and development opportunities.

Mr Jack Leong, Director of Proven Land; Mr Lim Aik Hoe, Managing Director of EXSIM Development Sdn Bhd [L-R]

EXSIM known for its cutting-edge, green, and sustainable projects, has a prominent presence in the property development sector. Some notable hospitality projects of EXSIM which have been successfully completed includes Expressionz Professional Suites @ Tun Razak, Ceylonz Suites @ Bukit Ceylon, Scarletz Suites @ KL City Centre and Mossaz @ Damansara Perdana.

With a history of excellence and numerous successful developments, EXSIM has played a pivotal role in shaping the urban landscape and driving economic growth. This partnership is poised to harness the parties’ expertise to foster substantial growth in the property sector.

Mr. Jack Leong, Director of Proven Land commented, “Our investment in EXSIM marks a significant milestone for Proven Land. By subscribing the stake, we are poised to leverage their innovative projects and expertise, enhancing our portfolio and creating new opportunities for growth. This collaboration underscores our commitment to high-potential sectors and driving economic prosperity in the ASEAN region.”

Mr Lim Aik Hoe, Managing Director of EXSIM, said “We are delighted to welcome Proven Land as our partner. This collaboration signifies their confidence EXSIM in building more greener and sustainable developments, while elevating the living lifestyle of our buyers. We hope to have more partnership with Proven Land in the future, perhaps in different component of development too.”

On the same day, Proven Land also entered into an agreement with Octowill Trustees Berhad (“Octowill”), which will support Proven Land’s future development.

The Management of Octowill Trustees, remarked, “Our investment in Proven Land underscores our belief in the strategic vision and robust potential of Proven Land. This collaboration is set to unlock significant value for our stakeholders and drive sustainable growth, especially in the rapidly growing urban development landscape.”

Looking ahead, Proven Land remains highly optimistic about the future growth of the property development landscape in Malaysia. The Company is committed to identifying and capitalising on high-potential opportunities, driving innovation, and contributing to the economic prosperity of the region.

ABOUT PROVEN LAND SDN. BHD.

Proven Land Sdn. Bhd. is a Malaysia-based company dedicated to advancing sustainable property development. Proven Land focuses on creating innovative, eco-friendly developments that contribute to the well-being of communities and the environment. The company leverages expertise in property development to transform innovative ideas into successful, sustainable projects.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Proven Venture Capital Ltd.

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz

Aimee Tan
Tel: +60 16-512 0051
Email: a.tan@swanconsultancy.biz

Go Hub Capital Berhad Commences Trading on ACE Market with Strong Opening Price of RM0.80

KUALA LUMPUR, July 5, 2024 – (ACN Newswire) – Go Hub Capital Berhad (“Go Hub” or the “Company”), a key transportation information technology (IT) solutions provider, proudly marked its debut today on the ACE Market of Bursa Malaysia Securities Berhad. The shares opened at RM0.80 per share, showcasing a strong market reception and achieving significant 128.57% premium over the IPO price of RM0.35 per share.

Mr. Eng Chee Seng, Chief Business Development Officer, Go Hub Capital Berhad; Cik Alwizah Al-Yafii Binti Ahmad Kamal, Independent Non-Executive Director, Go Hub Capital Berhad; En. Zulkifly Bin Zakaria, Independent Non-Executive Chairman, Go Hub Capital Berhad; Mr. Hong Boon Huon, Chief Technology Officer, Go Hub Capital Berhad; Mr Tan Cherng Thong, Executive Director / CEO, Go Hub Capital Berhad; Ms. Lee Li Yee Executive, Director / Finance Director, Go Hub Capital Berhad; Ms. Poh Zuan Yin, Independent Non-Executive Director, Go Hub Capital Berhad; Mr. Lee Yew Weng, Independent Non-Executive Director, Go Hub Capital Berhad [L-R]

Go Hub was listed under the stock name “GOHUB” today with the stock code “0311”.

Having a proven track record in terminal operating systems, bus operating systems, and automated fare collection systems, Go Hub group is a recognised leader in the public transportation IT solutions industry. The Company’s innovative technologies and commitment to operational efficiency have been instrumental in enhancing the quality of public transportation services and contributing to clients’ environmental, social, and governance (“ESG”) targets, including improving operational efficiency and passengers’ experience.

The successful initial public offering of Go Hub Capital Berhad raised approximately RM37.51 million, allocated as follows: RM24.71 towards business expansion, RM4.00 million for the repayment of bank borrowings, RM4.80 million for working capital requirements, and RM4.00 million reserved for payment of listing expenses.

En. Zulkifly Bin Zakaria, Independent Non-Executive Chairman of Go Hub expressed excitement: “This successful listing marks a significant milestone for Go Hub. It reflects the hard work and dedication of our team and the confidence the market has in our vision and strategy. We are enthusiastic about the opportunities this will bring, allowing us to further enhance our services and expand our reach within Malaysia.”

“The positive investor response to our IPO underscores the market’s belief in our capabilities and growth potential. We look forward to leveraging this momentum to drive Go Hub’s growth and to solidify our position as a key IT solutions provider in the public transportation sector.”

UOB Kay Hian Securities (M) Sdn. Bhd. is the Principal Adviser, Sponsor, Underwriter and Placement Agent for Go Hub.

ABOUT GO HUB CAPITAL BERHAD

Go Hub Capital Berhad (“Go Hub” or the “Company”) was incorporated in Malaysia as a private limited company under the name Go Hub Capital Sdn. Bhd. and converted to a public limited company, assuming its current name. Through its subsidiary, principally involved in the provision of enterprise IT services, focusing on providing transportation IT solutions (including customised software development systems and integration of hardware and software systems) in the bus and rail segments. Go Hub develops transportation IT solutions such as the Terminal Operating System (“TOS”) and the Bus Operating System (“BOS”) as well as the Automated Fare Collection System (“AFC”), which enhances the operational efficiency of public transportation infrastructures. Go Hub’s offerings also extend to include maintenance and support services as well as terminal management services for the IT solutions delivered. These technologies are crucial for entities looking to modernise, streamline and optimise its operational process flow and improve passengers’ travel experience through advanced digital platforms.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Go Hub Capital Berhad

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz

William Yeo
Tel: +60 16-213 2103
Email: w.yeo@swanconsultancy.biz

2024 PropertyGuru Asia Property Awards (Greater Niseko) to honour Japan’s premier resort market

NISEKO, July 2, 2024 – (JCN Newswire) – The 2024 edition of the PropertyGuru Asia Property Awards (Greater Niseko) is now accepting entries across a broad range of categories that aims to elevate the standards of development and design in Japan’s alpine real estate markets.

The presentation ceremony of the 2024 PropertyGuru Asia Property Awards (Greater Niseko) will be held during an exclusive gala luncheon on Friday, 13 December at The Athenee Hotel, a Luxury Collection Hotel, Bangkok, where finalists from East Asia and Middle East will also participate.

Submissions from eligible entrants from the Greater Niseko region are being accepted via asiapropertyawards.com until 13 September 2024.

Key dates for the 2024 edition:
13 September 2024 – Entries close
23 September to 14 October 2024 – Site Inspections
15 October 2024 – Final Judging
13 December 2024 – Greater Niseko Awards Luncheon in Bangkok, Thailand
13 December 2024 – Regional Grand Final Awards Gala Dinner in Bangkok, Thailand

Japan’s finest alpine real estate rises at the PropertyGuru Asia Property Awards 2023. The presentation ceremony of the 2024 PropertyGuru Asia Property Awards (Greater Niseko) will be held during an exclusive gala luncheon on Friday, 13 December at the Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Influx of tourists, investors

Since reopening its borders, Japan has seen a significant influx of tourism and real estate investment, driven by its popular destinations like Niseko and the low currency value, making spending cost-effective. The dollar strength has also improved sentiment towards the country’s resort real estate market.

The latest edition of the PropertyGuru Asia Property Awards (Greater Niseko) features a diverse range of categories reflecting the growing appeal of Japan’s alpine real estate to international property seekers.

This year’s awards programme is accepting entries across several new categories, including Best Investment Condo Development and Best Investment Housing Development. Other categories are poised to recognise Greater Niseko’s finest lifestyle developments, nature-integrated projects, and sales galleries.

Placing more emphasis on Environmental, Social, and Governance (ESG) global standards, this year’s awards include all-new recognitions for developers within Greater Niseko that excel in sustainable design, sustainable construction, energy efficiency, and social impact.

Jules Kay, general manager of Awards and Events at PropertyGuru Group, said: “We invite nominations for this year’s awards in Japan as we recognise the dynamic and multifaceted growth of its resort industry. We’re pleased to see international investors capitalising on the immense potential of Japan’s resorts and launch developments that enhance convenience and lifestyle options for tourists, skiers, and snowboarders. Beyond the winter season, these resorts present untapped opportunities with their scenic beauty, year-round onsens, mountain biking trails, and premier golf courses. Join us this year in celebrating the properties transforming Japan’s resort market.”

Transparent, fair, credible

An independent panel of judges, comprising experts in the property sector and related fields, determines this year’s distinguished crop of winners. The judges conduct a transparent, fair, and credible selection process under the supervision of HLB, the global advisory and accounting network.

Eddie Guillemette, chairperson of the Awards in Greater Niseko and CEO of Midori no Ki (MnK), said: “The Asia Property Awards offer an opportunity for developers to distinguish their brands in an increasingly competitive property market. In the Japanese alpine market, developers can use the awards process to hone their message to attract guests, sports enthusiasts, and investors with unique designs, complimentary services, and all-season attractions. Winning a regional award like this validates a real estate project and ultimately helps build trust with consumers.”

Top winners will get the chance to compete with their peers from across the region for the coveted titles of “Best in Asia” at the 19th PropertyGuru Asia Property Awards Grand Final, which will be presented at the gala night on 13 December 2024 in Bangkok.

Hanacreek by Apex Property and Aki Niseko by Takuetsu Co., Ltd. represented Greater Niseko at the 18th PropertyGuru Asia Property Awards Grand Final in 2023 with prestigious wins for Best Housing / Landed Architectural Design (Asia) and Best Housing / Landed Interior Design (Asia), respectively.

The PropertyGuru Asia Property Awards (Greater Niseko) are part of the regional PropertyGuru Asia Property Awards series, which marks its 19th year in 2024. The series covers key markets across the region, spanning Southeast Asia, East Asia, South Asia, Middle East, and Oceania, with exclusive gala events and ceremonies that represent the most anticipated property events of the year.

Organised by PropertyGuru Group (NYSE:PGRU), the 2024 PropertyGuru Asia Property Awards (Greater Niseko) are made possible by supporting association Niseko Tourism; official magazine Property Report by PropertyGuru; media partners Japan Today, Marketing in Asia, Powderlife, and Real Estate Japan; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.

In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024.

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP

PropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 34 million property seekers(2) to connect with almost 55,000 agents monthly(3) to find their dream home. PropertyGuru empowers property seekers with more than 2.8 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn

(1) Based on SimilarWeb data between July 2023 and December 2023.
(2) Based on Google Analytics data between July 2023 and December 2023.
(3) Based on data between October 2023 and December 2023.
(4) Based on data between October 2023 and December 2023.

PROPERTYGURU CONTACTS:

General Enquiries:
Richard Allan Aquino, Head of Brand & Marketing Services
M: +66 92 954 4154
E: allan@propertyguru.com

Sales & Nominations:
Orathai Chirapornchai (Petch), Head of Regional Sales
M: (+66) 61 929 2255
E: Petch@propertyguru.com

Media & Partnerships:
Nate Dacua, Senior Manager, Media & Marketing Services
M: +66 92 701 2519
E: nate@propertyguru.com