FS News

 

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  1. Investor Bulletin: August 2018
  2. Investor Bulletin: July 2018
  3. Investor Bulletin: June 2018
  4. Investor Bulletin: May 2018
  5. Investor Bulletin: April 2018
  6. Investor Bulletin: March 2018

Investor Bulletin - August 2018
Fund Singapore Wins Top Award for 'Most Preferred Crowdfunding Platform' at INVEST Fair 2018

As the Platinum Sponsor of this year’s instalment of INVEST Fair, the month of August was spent perfecting preparations for Singapore's largest investment fair which took place on the weekend of 25th and 26th August. As crowdfunding is largely still a novel financial concept to Singapore, Fund Singapore sought to curate a series of activities to introduce and familiarise attendees with its intricate mechanisms. In addition, we were able to get them acquainted with Fund Singapore’s unique way of crowdfunding which sets us apart from others.

As part of our fervent commitment to create and support an eco-system that extends beyond the crowdfunding process, we invited all our investee companies funded this year to proudly showcase the important work that they do. We have ManukaLife, FutureSafe Tech, and Clearbridge BioMedics with us at the Fair. ClearBridge BioMedics, a BioTech company we successfully funded in June was one of the highlights at the event. The company has presently started the IPO process and is targeting a lodgement on Singapore’s Catalist board in Q4 2018.

We are honoured to be awarded the ‘Most Preferred Crowdfunding platform’ award. This award represents your confidence and faith in us. We are encouraged by your votes and will continue to strive hard to source for quality investment opportunities.

Fund Singapore conducted two seminars over that weekend – Unleashing the Power of the Crowd and How to Identify the Unicorns?. Through the seminars, the attendees were equipped with a better understanding of why locavesting – injecting local monies into local business as an investment – matters. The crowd was not just enthusiastic but also very receptive towards the ideals Fund Singapore stand for, that no good company should be allowed to fail due to the lack of funds.

Supporting local businesses by actively funding them ensures continued growth of our larger economy. The next stage of Singapore’s economic development will predominately occur through innovation. Fund Singapore is able to augment and accelerate growth for businesses, both local and overseas by providing equity and debt financing through crowdfunding to these companies and yet providing strong potential investment returns to investors.

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Investor Bulletin - June 2018
Fund Singapore expands local operations with larger office premise and new executive hires

 
June was a month of several achievements for the team at Fund Singapore. We bid goodbye to our first office at OCBC Centre and traded it for a new, bigger home at Bank of Singapore Centre. We spent several weekends getting down and dirty with the renovation of our office and needless to say, are excited and proud of our new headquarters. The office was unveiled to our shareholders, partners and clients on 7th June 2018 in conjunction with our 2nd anniversary.

The growing team reflects Fund Singapore’s fired commitment to improving service quality and capacity to our clients. We stay steadfast to our belief that no good company or startup should be allowed to fail due to the lack of funding.

I’m also thrilled to announce Matthias Yeo joining us as Chief Innovation Offer. Matthias joins Fund Singapore following 4 years at Symantec Corporation where he was the Chief Technology Officer (CTO) for APAC. During his tenure with Symantec, he played a leading role in driving the organization’s solution strategy and technology vision throughout Asia Pacific.

The timing of his joining us could not have been more perfect given that we have expanded across Asia Pacific. We hope to leverage on Matthias’ formidable cross-disciplinary expertise amassed after 20 years in the tech industry. Moving forward, Matthias will be responsible for spearheading the development of our innovation arm that is crucial in facilitating our expansion deeper into APAC. Fund Singapore is working on building a unified technology platform using artificial intelligence and blockchain that will seamlessly connect its entities’ operations in Asia.

(Press release: Fund Singapore Announces Matthias Yeo as Chief Innovation Officer)

WHAT'S NEXT FOR FUND SINGAPORE?

We recently launched a revamped version of our website that is even more secured than before. Upon logging in, investors can participate in any one of our active campaigns using eNets, DBS iBanking Bill Payment or by topping up the eWallet associated with their account. Whether you are an institutional, accredited or retail investor, you may continue investing with ease and in confidence knowing that our team takes pride in exceeding both expectations and standards set by the MAS.

Yours Sincerely,
Lester Chan
CEO, Fund Singapore

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Investor Bulletin - May 2018
Fund Singapore moves towards setting up a second regional office

The month of April sees Fund Singapore taking the next big step towards setting up a regional office in Japan, our second overseas base after Australia.

Talks began mid-2017 when Fund Singapore was invited to set up a subsidiary in Tokyo by the Tokyo Metropolitan Government (TMG). After nearly a year of planning and discussions, Fund Singapore took our first working trip to Japan, with connections now established across 4 major cities in the Kanto and Kansai region. Throughout the trip, we were honoured to have the Japan External Trade Organization (JETRO) and representatives from Enterprise SG accompany us for some of these meetings.
Kanto region, with its availability of advanced manufacturing and technology facilities is an attractive place for Fund Singapore. Whilst in the Kanto region, Fund Singapore had the privilege to meet up with the Directors from TMG and Senior Officials from the Kanagawa Prefectural Government. Fund Singapore also look forward to obtaining our financial license with The Financial Services Agency (FSA) in 2018, and setting up our first Japan office in Marunouchi, the financial district of Tokyo in the coming weeks.

In the Kansai region, discussions were held with the Osaka Innovation Hub (established by Osaka City Government), as well as the Osaka International Business Promotion Centre. With great support from the officials, Fund Singapore is potentially setting up our second Japan regional office in Osaka.

While Osaka is well known as an innovation hub, Kyoto is strongly reputed as the business centre of Kansai region, where many business activities and SMEs are established along with on-going researches. In Kyoto, Managing Director of JETRO Kyoto joined Fund Singapore in our meeting with the City of Kyoto – Industry and Tourism Bureau, where we were introduced to Kyoto Makers Garage, an accelerator with a strong understanding of the startup eco-system in Kyoto.

Building on our belief that no good company or startup should be allowed to fail due to the lack of funding, Fund Singapore took the opportunity of this trip to also get connected to the several leading banks, incubators and universities in Japan. The University of Tokyo, Tokyo Institute of Technology, Mitsubishi UFJ Capital, Resona Bank, FinoLab just to name a few. Fund Singapore shared our strategy & roadmap, where we received enthusiasm in promising partnerships for investment and funding of these research and advanced technologies made available by the Universities.

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 Investor Bulletin - April 2018

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PEEL BUSINESS PARK

Fund Singapore (FS) is working closely with the Peel Development Commission (PDC) and Murdoch University to potentially invest and develop a 290ha agri-tech industrial business park in the Peel region. This business park is envisioned to be the “food bowl” of Asia whose demand for food has been increasing over the past years significantly.

Discussions with PDC started in early October 2017 when PDC, along with Murdoch Singapore, met up with Economic Development Board Singapore (EDB) to outline the potential of the Peel Business Park. The Western Australia government’s vision is to maximise the value of the business park and its surrounding regions, with a land expansion target of 1,000 ha. Till date, the government has committed more than AUD 49 million in funding to facilitate and support the infrastructure of the business park, showcasing many state-of-the-art features and technologies.

From back (L to R): Jin Hao Low (FS Chief Credit Officer), Janine Hatch (PDC Principal Officer), Andrew Ward (PDC CEO), Charlie Clarke (Murdoch School of Law).Front: Professor Lyn Karstadt (Murdoch University Deputy Vice Chancellor International ), Paddi Creevey (PDC Chair), Robyn Clarke MLA (Member for Murray-Wellington), Lester Chan (FS CEO), Dr Christopher Vas (Murdoch SCRIPT Deputy Dean & Director).

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FS CAMPAIGNS IN THE PEEL BUSINESS PARK

ManukaLife
As a potential key stakeholder in the Peel Business Park, FS has plans to use ManukaLife, a company FS already invested in, as its showpiece to Asia. This is still in the concept development phase and talks are still in progress. ManukaLife is one of the pioneers in the agri-tech business in Australia and is leading the change in the industry with its R&D breakthroughs and successes. With a potential to incorporate food traceability, bio-secure environment, downstream high value processing, and manufacturing, ManukaLife is an ideal reflection of the Peel Business Park vision.

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During the meeting with LandCorp Western Australia, FS proposed the potential concept of using ManukaLife as the “poster boy” of the business park. LandCorp subsequently engaged Mackay Design (who was involved in the new Perth Stadium) to design the case model of ManukaLife in the business park. Below is an artist impression from the concept master plan dated Jan 2018.

To access campaign details, click here!

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Investor Bulletin - March 2018
Fund Singapore Completes Funding of Equity Investment Campaign Structured for Qualified Retail Investors in Singapore

Fund Singapore (FS) COMPLETED the funding of Singapore’s first retail equity campaign, and was achieved in a short span of time. Altogether, FS raised an amount of S$2,400,000 in 2 tranches of S$1,200,000 each, solely from QUALIFIED INVESTORS.

The campaign involved raising funds for 20% shareholdings in ManukaLife Pty Ltd (ManukaLife), a company incorporated in Western Australia (WA). Manukalife has invested heavily in research and development to produce medical grade manuka honey from tea trees (also known as Leptospermum plants). Medical grade manuka honey is highly sought after by pharmaceutical and cosmetic firms all around the world due to its well-known healing and medicinal properties.

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This endeavor has gained much limelight and traction since its infancy, garnering great support from expert plant breeders from Kings Park, the National Park in Perth WA as well as researchers from top academic institutions like University of Sunshine Coast and the University of Western Australia. In addition, the WA federal government and the state government are also strongly supportive and have provided ManukaLife with grants, and in providing potential access to agricultural land.
 


Completing the funding campaign was no easy feat. The team conducted a total of 12 presentations to qualified investors from all walks of life, introducing them to the concept of crowdfunding and the potential of equity investments, traditionally available only to the accredited and institutional investors.

Chief Executive Officer, Mr. Lester Chan, mentioned that crowdfunding is revolutionizing the financial services industry by bringing great investment opportunities to any qualified investors.

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“While crowdfunded securities, like any investments, have its risk, investors can now have direct access and make their own decisions whether to invest.”

Indeed, Fund Singapore is revolutionizing the financial services industry. Fund Singapore works closely with many universities to source for exciting investment opportunities across the Asia Pacific.

To access campaign details, click here!

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