PRESS RELEASE: 17/6/2020
ALA Advisors Collaborates with Hangzhou Qi Ao for Accessing ASEAN Markets
Belt-and-Road-Initiative program has been a prime focus for the Chinese Government since 2013. In coming years, the connectivity of almost 70 countries through the links of high-speed-rail transit and maritime silk road will greatly enhance the economical growth and harmonious ties from Asia to Eastern Europe. Throughout the ASEAN regions, the coverage of ten countries including Philippines, Indonesia, Brunei Darussalam, Singapore, Malaysia, Thailand, Vietnam, Cambodia, Myanmar and Laos with a population of estimated 660 million will grow tremendously in the combined GDP from current estimated USD3.1 Trillion as of 2019.
In order to reach out for the high growth returns and extensive development within this ASEAN region, ALA Advisors has formed a collaboration with the Chinese partner Hangzhou Qi Ao Enterprise Management for exploring the opportunity to deploy growth funds among these ten countries. Putting the effort together, they are targeting at major industries including Infrastructure and Public Utilities; Healthcare and Pharmaceuticals; Hi-Technology Manufacturing and Scientific Innovations; Environmental Protection and Renewable Energy; Financial Technology and Artificial Intelligence.
“South East Asia has always been a miraculous region that sustains steady growth over the years. Our aim is to participate in the business investment covering both listed companies and private entities, so long as they are healthy and capable in fetching growth yields within our target time frame”, says DAR Wong, Chief Investment Officer of ALA Advisors while he also holds the appointment of Vice-President in ASEAN-China Commerce Association.
“The ASEAN opportunity is always attractive to us,” comments by Han Yong of Hangzhou Qi Ao Enterprise Management. Holding the appointment of Chief Operation Officer, he says, “We are ready to invest at a minimal of USD20 million per tranche and trust the expertise of ALA Advisors is able to pre-qualify the investee companies before they come to our table.”
The fund under management exceeds USD500 million in aggregate and will commence from Singapore and Malaysia markets. In Malaysia, ALA Advisors will work very closely with its liaison consultant My Lives Global Holding Berhad for sourcing the investee companies. For past years, this partnering company has been very active in bridging many companies to Beijing China for pitching their businesses to potential investors.
ALA Advisors is incorporated in Singapore since 2006 and hold an Exempt Corporate Advisory under the Capital Market Services license issued by Monetary Authority of Singapore. The firm is a professional body that serves the Accredited Investors worldwide.
For more information, please contact:
| DAR Wong
Chief Executive & Investment Officer ALA Advisors Pte Ltd Email dar@alaa.sg |
Andrew Thu
Founder My Lives Global Holding Berhad Email andrewthu16@gmail.com Website www.mlglobal.my |
