News Snips

Work hard in silence, let success make the noise.



26 APR

2018

Our subsidiary, Advance Capital Partners Asset Management Private Limited (“ACPAM”) grows assets under management by USD 30 million

  • ACPAM receives further subscription into Golden Fund SP, a segregated portfolio of Advance Credit Fund SPC of approximately USD 29.8 million.

19 APR

2018

Redeemable Convertible Debentures secured by our subsidiary, Advance Capital Partners Asset Management Private Limited (“ACPAM”) for funds under its management:

  • Simat Technologies Public Company Limited (“Simat”): Issuance and offering of convertible debenture by Simat of up to THB 500 million

JAN

2018

Redeemable Convertible Notes programme secured by our subsidiary, Advance Capital Partners Asset Management Private Limited (“ACPAM”) for funds under its management:

  • Damansara Realty Berhad (“Damansara”) Conversion of convertible notes to ordinary shares of Damansara

DEC

2017

Redeemable Convertible Notes programme secured by our subsidiary, Advance Capital Partners Asset Management Private Limited (“ACPAM”) for funds under its management:

  • Pranda Jewelry Public Company Limited (“Pranda”) Issuance and offering of convertible debenture by Pranda of up to THB 500 million

DEC

2017

Redeemable Convertible Notes programme secured by our subsidiary, Advance Capital Partners Asset Management Private Limited (“ACPAM”) for funds under its management:

  • Damansara Realty Berhad (“Damansara”) Subscription of MYR 3 million of convertible notes issued by Damansara with subsequent conversion of the convertible notes to 1 million ordinary shares of Damansara.

NOV

2017

Redeemable Convertible Notes programme secured by our subsidiary, Advance Capital Partners Asset Management Private Limited (“ACPAM”) for funds under its management:

  • Eden Inc. Berhad (“Eden”) Signed an agreement for subscription of up to MYR 60 million of convertible notes to be issued by Eden

SEP

2017

Completion of proposed acquisition of 9.98% of Pine Asia Asset Management Inc., a Korean asset management company

AUG

2017

Appointment of Chief Executive Officer, Mr Philip Wong

JULY

2017

Completion of 51% of Advance Capital Partners Asset Management Private Limited, a fund management company in Singapore