Tag: W Capital Markets

  • W Capital Markets Pte Ltd raises Series B round at Post-Money Valuation of S$42 million

    W Capital Markets Pte Ltd raises Series B round at Post-Money Valuation of S$42 million

    W Capital Markets Pte Ltd (“W Capital Markets” or the “Company”), a dynamic corporate finance firm with a Capital Markets Services (“CMS”) licence issued by the Monetary Authority of Singapore and an accredited SGX Mainboard IPO issue manager and Catalist Continuing Sponsor authorised by the Singapore Exchange (“SGX-ST”), has completed its Series B fundraising round in December 2024 with the strong support of several esteemed investors.

    The Company founded in July 2018 by veteran M&A investment banker, Mr Wayne Lee, has completed more than 50 notable capital market transactions since its inception, ranging from S$50 million to S$3.0 billion.

    Helmed by a team of reputable and highly experienced M&A and IPO investment bankers, W Capital Markets’ Board of Directors includes Mr Wayne Lee, Mr Sin Boon Ann, Mr Tan Wang Cheow and representatives from the Nanshan Group (a Chinese conglomerate which is ranked among the top 200 enterprises in China), namely Mdm Chen Aijun and Mr Sui Xinpeng. Also, Mr. Inderbethal Singh Thakral, CEO and Executive Director of SGX Mainboard listed Thakral Corporation Ltd, is a Board Observer of W Capital Markets.

    The vision of W Capital Markets is to be an international financial group with presence in key financial centres and be recognized as a premier corporate finance powerhouse in the Asia Pacific region.

    “We are delighted and honoured to receive such strong support from the esteemed and well-regarded investors who joined us as shareholders in this Series B round, which include several existing seed shareholders, a billionaire single-family office, listed companies and well-respected business owners. With our expansion into new business segment in advising companies to list on the NASDAQ Capital Market and significant increase in M&A activities and deal completions in 2025, coupled with our advisory business for SGX-listed companies, the successful completion of this Series B round will pave the way forward for W Capital Markets to continue to grow its investment banking business and soar to greater heights as one of the top corporate finance firms in Singapore.” said Mr Wayne Lee, Founding Chairman and CEO of W Capital Markets.

    About W Capital Markets

    W Capital Markets is a holder of the Capital Markets Services licence issued by the Monetary Authority of Singapore to conduct the regulated activities of “Advising on Corporate Finance” and “Dealing in Capital Market Products that are Securities and units in a Collective Investment Scheme” and is an accredited Mainboard IPO Issue Manager and Catalist Continuing Sponsor authorised by the SGX-ST. It provides a full suite of bespoke investment banking services, including M&As, NASDAQ IPOs, Pre-IPO & Secondary Fund Raising, Continuing Sponsorship and Financial Advisory with a focus on mid-cap companies (S$50 million to S$1 billion enterprise value) in the Asia Pacific region.

    W Capital Private Equity VCC (“WPE”), as an associate of W Capital Markets, value-adds strategically to W Capital Markets by investing into promising small-medium enterprises from Series B to Pre-IPO stage in Singapore.

    In 2022, Mr Wayne Lee won the prestigious EYA Entrepreneur of the Year – New Entrepreneur Category.

    For more information about W Capital Markets, visit www.wcapitalmarkets.com.sg.

    Media contacts
    For W Capital Markets:
    Wayne Lee:
    waynelee@wcapitalmarkets.com.sg
    Tel: (65) 6513 3538

  • W Capital Markets Partners with VCI Global to Offer Comprehensive Capital Markets Strategy Services to List Clients on the NASDAQ

    W Capital Markets Partners with VCI Global to Offer Comprehensive Capital Markets Strategy Services to List Clients on the NASDAQ

    W Capital Markets Pte. Ltd. (“W Capital”) has entered into a collaboration agreement with VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), for the purpose of introducing prospective clients to one another.

    VCI Global is a diversified holding company which primarily offers consulting services in capital markets, real estate, AI, and technology. In technology businesses, the company operates a proprietary financing platform that serves companies and individuals, as well as a secured messaging platform serving governments and organizations. VCI Global also invest, incubate, accelerate, and commercialize businesses and technologies in AI, robotics, and gamification.

    Under this collaboration agreement, VCI Global will introduce clients, to W Capital, who may have an interest in the investment banking services offered by W Capital and will collaborate with W Capital to jointly advise clients with interest in seeking initial public offering listings on the stock exchanges in the United States, particularly the Nasdaq Capital Markets.

    “We are confident that this collaboration will create significant value for our clients who intend to seek a listing on the Nasdaq Capital Markets by providing them with access to the combined expertise and resources of W Capital and VCI Global to help them navigate the IPO process successfully. Furthermore, clients introduced by VCI Global will gain access to our full suite of bespoke investment banking services, including M&A and trade sale advisory and private equity growth capital fund raising, and clients may also be able to tap into pre-IPO funding provided by W Capital Private Equity VCC, an associate of W Capital which invests in small to mid-cap companies from Series B to Pre-IPO stage, to bridge their funding needs prior to their planned IPO” said Wayne Lee, Chairman and Chief Executive Officer of W Capital.

    “This collaboration will enable both parties to leverage on each other’s strength. In the case of VCI Global, this collaboration will enlarge our pool of potential clients seeking to be listed in the United States, which undoubtedly will further increase our earnings into the medium term at the very least. Of course, we are pleased to be able to reciprocate W Capital’ actions by passing clients to them with interest in investment banking services,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

    About W Capital Markets Pte. Ltd.

    W Capital is a holder of the Capital Markets Services (“CMS”) licence issued by the Monetary Authority of Singapore to conduct the regulated activities of “Advising on Corporate Finance” and “Dealing in Capital Market Products that are Securities and units in a Collective Investment Scheme” and is an accredited IPO Mainboard Issue Manager and Catalist Full Sponsor authorised by the SGX. W Capital provides a full suite of bespoke investment banking services, including M&As, IPOs, Pre-IPO & secondary fund raising and financial advisory, with a focus on mid-cap companies (S$50 million to S$1 billion enterprise value) in the Asia Pacific region.

    For more information on W Capital, please visit our website at https://www.wcapitalmarkets.com.sg.

    Media Contact:
    For media queries relating to this press release, please contact:
    Vicki ZHOU / LEE Ke Wei
    zhouyan@financialpr.com.sg / kewei@financialpr.com.sg

  • Chinese Calligraphy Exhibition featuring the works of the late Mr. Lee Leng Chong to open on 14 July 2023 at ION Art gallery

    Chinese Calligraphy Exhibition featuring the works of the late Mr. Lee Leng Chong to open on 14 July 2023 at ION Art gallery

    Chinese Calligraphy Exhibition: Tribute to the late Mr. Lee Leng Chong. As a tribute to the late Mr. Lee Leng Chong, a Chinese Calligraphy exhibition will be held at ION Art gallery, Level 4, ION Orchard. There will be 100 Chinese calligraphy art pieces on exhibit. A compilation of the Chinese calligraphy pieces on exhibit will also be launched during the exhibition.

    The exhibition will be held from 14 July (Friday) to 18 July (Tuesday), 10am to 10pm.

    The opening ceremony will be on 15 July 2023 (Saturday), 3pm at ION Art gallery. The Guest- of-Honour is Mr. Edwin Tong, Minister for Culture, Community and Youth & Second Minister for Law.

    Mr. Lee Leng Chong’s Biography

    The late Mr. Lee Leng Chong was a prominent and accomplished Chinese Calligraphy artist. Notably, he was listed as one of Singapore’s Top Teochew Famous People in the field of Cultural Arts in the book published in 2016 as part of SG50 collection, the editor was Mr. Phua Kok Khoo.

    In his lifetime, he worked at the Singapore Press Holdings as an editor for the Chinese Newspapers (Lianhe Zaobao and Sin Chew Daily), which was also his first and last job, and devoted his time post-retirement on his passion for Chinese Cultural Arts and honing his craft for Chinese Calligraphy.

    He had won several acclaimed Chinese Calligraphy awards including:

    1. Dr Tan Tsze Chor Art Award
    • 2002 – 1st prize; 2014 – 1st prize; 2008 Excellence Award;
    1. Korean International Chinese Calligraphy Cultural Award
    • 2003 – Silver, 2004 – Gold; 2008 and 2018 – 1st prize;
    1. The Chinese Calligraphy Society of Singapore – Tan Keng Cheow Award
    • 2013 Tan Keng Cheow Award

    His works were regularly featured in all the major Chinese calligraphy exhibitions and events organised by the various Chinese Calligraphy Associations in Singapore and he has also represented Singapore in multiple International Chinese Calligraphy Cultural Exchanges (Singapore, China, Korea and Malaysia).

    The late Mr. Lee Leng Chong had always been passionate about promoting Chinese Cultural Arts. The family of the late Mr. Lee Leng Chong hopes to continue his legacy to spread and instil the love and appreciation of Chinese Calligraphy and Chinese Cultural Arts in Singapore through the successful launch of this exhibition.

    The son of the late Mr. Lee Leng Chong, Mr. Wayne Lee, is a veteran investment banker and is the Founder, Chairman and CEO of W Capital Markets Pte Ltd, a holder of the Capital Markets Services (“CMS”) licence issued by the Monetary Authority of Singapore to conduct regulated activities of “Advising on Corporate Finance” and “Dealing in Capital Market Products that are Securities and units in a Collective Investment Scheme”, and is an accredited IPO Mainboard Issue Manager and Catalist Full Sponsor authorised by the Singapore Exchange. Wayne is also the Founder of W Capital Private Equity VCC. He recently won the EYA Entrepreneur of the Year 2022 – New Entrepreneur Category awarded by ASME and the Rotary Club Singapore.

    Part of the sale proceeds from the exhibition art pieces will be donated to the Community Chest.

    100% of donated proceeds to Community Chest goes to support over 100 social service agencies to meet underserved and critical social needs. The causes supported include the following:

    – Adults with Disabilities
    – Children with Special Needs and Youths-At-Risk
    – Families in Need of Assistance
    – Persons with Mental Health Conditions
    – Seniors in Need of Support

    About W Capital Markets

    W Capital Markets Pte. Ltd. (“W Capital Markets”) is a holder of the Capital Markets Services (“CMS”) licence issued by the Monetary Authority of Singapore to conduct the regulated activities of “Advising on Corporate Finance” and “Dealing in Capital Market Products that are Securities and units in a Collective Investment Scheme”.

    W Capital Markets is an accredited Mainboard Issue Manager and Catalist Full Sponsor authorised by the SGX.

    W Capital Markets provides a full suite of bespoke investment banking services, including M&As, IPOs, Pre-IPO & secondary fund raising and financial advisory, with a focus on mid-cap companies (S$50 million to S$1 billion enterprise value) in the Asia Pacific region.

    Helmed by a team of reputable & highly experienced M&A and IPO investment bankers, it also has the privilege of having amongst its directors and shareholders, several prominent & well-regarded practitioners from the corporate finance/ private equity/ legal and business community. Nanshan Group, a Chinese conglomerate with diversified businesses globally and ranked among the top 200 enterprises in China is the second largest shareholder of W Capital Markets.

    Led by its founding Chairman and CEO, Mr. Wayne Lee, the vision of W Capital Markets is to be an international financial group with presence in key financial centres and be recognized as a premier corporate finance powerhouse in the Asia Pacific region.

    Find out more at www.wcapitalmarkets.com.sg/leadership.html

    Media Contact:
    Mr. Kamal Samuel / Ms. Vicki Zhou
    kamal@financialpr.com.sg / zhouyan@financialpr.com.sg