New activist hedge fund plans to shake up Singapore’s corporate landscape

What could it be up to?

Singapore-based companies have something new to look out for.

Bloomberg reports that a new activist hedge fund is coming to town, and the founder Roland Thng is seeking to shake up Singapore’s staid corporate landscape by focusing on how locally listed companies are run.

Thng, 33, has established EVA Capital SP with $5 million, and initially plans to take stakes in small-and medium-sized construction and engineering companies in order to pressure them to improve performance.

View the full report here.

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