CapBridge and ShineWing TY Teoh partner to offer liquidity solutions to private businesses in Malaysia
SINGAPORE,May 19,2023 --Asia's leading private markets platform CapBridge and consulting firm ShineWing TY Teoh announces partnership following a closed-door signing event yesterday.
Private companies,as well as clients of ShineWing TY Teoh,will now be able to tap into CapBridge Financial Group's full suite of private market alternatives,including,fundraising,and direct listing on 1exchange (1X) – the first MAS-regulated private securities exchange in Singapore.
As one of the biggest consultancy firms in Malaysia with over 200 employees,ShineWing TY Teoh's clientele includes businesses at various stages of their growth journey. Through the partnership,aside from providing their regular suite of corporate services,Shinewing TY Teoh will be able to further value add by enabling growth of their business with the suite of liquidity and capital formation solutions from CapBridge.
TY Teoh,CEO of ShineWing TY Teoh,said,"Companies typically require customised and flexible solutions for their business needs. At ShineWing TY Teoh,we provide our clients a comprehensive suite of corporate advisory services. With our partnership,we aim to further value-add by providing them direct access to other alternatives,including the opportunity to list privately in Singapore – Asia's financial hub."
Headquartered in Singapore,CapBridge is a member of CapBridge Financial Group,a fully integrated licensed ecosystem,comprising of CapBridge – a private markets platform and 1exchange,a secondary exchange for direct private listings of businesses. Offering flexible,customisable liquidity solutions under one roof,with the ability tailor cost efficient solutions to meet SME's needs.
In April,Malaysia-based A-PLUS-BOSS listed on CapBridge's 1exchange with a successful ceremony at SGX,the first public-in-person event for the group since the pandemic. Malaysia-based wellness and aesthetics provider Danai Wellness,under Crigen Resources Bhd,is also the first company to graduate from 1exchange and progress onto a public exchange in Australia.
Johnson Chen,Founder and CEO of CapBridge,added,"The private capital markets space is fast evolving especially in today's climate as we strive to bridge accessibility and provide liquidity alternatives for companies. We are pleased to have the new support of ShineWing TY Teoh as our preferred partner in Malaysia to pave the way and expand our reach to private companies in Malaysia. The partnership will also provide an opportunity for us to venture deeper into the Malaysian market."
For more information,visit www.capbridge.sg and www.1x.exchange.
About CapBridge Financial
CapBridge Financial is the first fully integrated digital ecosystem in Asia,offering flexible,customisable liquidity and capital formation options under one roof. The private markets ecosystem includes CapBridge Pte. Ltd.,a private markets platform with a Capital Markets Service license (CMSL) offering accessibility to highly-sought after private equity (PE) products including pre-IPO opportunities and 1exchange (1X),a secondary trading,private securities exchange in Singapore offering "light-touch",cost-effective private listing venue designed for family businesses,and growth companies.
About ShineWing TY Teoh
ShineWing TY Teoh is an accounting and consulting firm with corporate clients that include family office & private client services,offshore advisory,business process outsourcing and business advisory,among others. It is among Malaysia's biggest account firms in Malaysia,with a 200-strong staff. ShineWing TY TEOH is an independent member firm of ShineWing International and Praxity.
For more information,visit www.shinewingtyteoh.com