More News

Zico unveils newly-formed finance arm

It is expected to propel its growth.

As it expands its spectrum of professional services, Zico Holdings unveiled the formation of its new subsidiary, Zico Capital, which will cater to private and public-listed clients in need of corporate finance and capital markets advisory.

Zico Managing Director Chew Seng Kok said this would add a critical spoke to the group's wheel of ASEAN-focused services.

"Diversification into financial services brings the Group closer in providing holistic solutions to clients throughout their business life cycles. We are glad to have already received a healthy level of enquiries from existing and prospective clients on ZICO Capital’s capabilities," he said.

Zico Capital was granted a capital markets services license (CMS) by the Monetary Authority of Singapore earlier in July. It was also approved as an accredited issue manager and a full sponsor by the Singapore Exchange (SGX) last month.

Its services include managing equity fund-raising activities, as well as advising on mergers and acquisitions, general takeovers, reverse takeovers, privatisations, delisting and other corporate exercises.

“We are truly excited by ZICO Capital’s prospects. It is led by an experienced team with more than 40 years in banking, corporate finance and capital markets. We foresee ZICO Capital providing tremendous cross-selling and referral opportunities within the Group as well as the ZICOlaw network," Chew said.

Looking ahead, the group expects to raise its market share and grow with its clients.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.