ICH Group has emerged as a pivotal investor in the recent Initial Public Offerings (IPOs) of Lum Chang Creations, Info-Tech, and Goodwill Entertainment on the Singapore Exchange (SGX), marking a significant resurgence in local listings after a two-year lull. This strategic move is part of ICH’s broader initiative to channel essential capital into Singapore’s burgeoning small- and mid-cap companies.
Since its establishment in 2000, ICH Group has been a steadfast supporter of local enterprises, advising and investing in over 200 SGX-listed companies. The group’s integrated platform, which includes ICH Asset Management, ADDX, and ICAPITAL, offers comprehensive services from asset management to capital advisory, catering to businesses at various stages of their growth.
ICH Group’s focus on high-growth sectors such as technology, healthcare, sustainability, and consumer services has seen it deploy over $1 billion into Singapore and international markets. This investment strategy not only addresses local capital shortages but also attracts global investors committed to the long-term growth of Singapore’s equity market.
Vincent Toe, co-founder of ICH Group, highlighted Singapore’s role as a trusted hub for global capital flows, particularly in the ASEAN region. “Our partnerships with foreign companies, coupled with our local market expertise, allow us to be an effective bridge for this inbound capital,” Toe stated.
In addition to supporting local companies, ICH Group is enhancing its cross-border capital capabilities, acting as a gateway for Chinese institutional capital into Southeast Asia through the Qualified Domestic Limited Partner (QDLP) programme. This initiative positions Singapore as an attractive platform for international issuers, particularly in sectors like new energy and biotechnology.
ICH Group’s efforts are set to bolster Singapore’s position as a leading financial hub, fostering growth and innovation in the region’s small- and mid-cap markets.
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