Stcoks Press Release : 06 Sep 2019

Bangkok Bank Director and Executive Vice President Dr. Thaweelap Rittapirom and Executive Vice President Pochanee Kongkalai welcomed Ittipol Khunpluem, the Culture Minister, Yutthapol Ong-artitthichai, Deputy Governor of Rayong Province, Santi

• Strategic partnership will help companies and investors in South Korea connect to global private markets opportunities
• South Korean companies can work with Hanwha and CapBridge for private capital raising, as well as list on 1exchange - Singapore's only regulated private securities exchange
• The private equity market in South Korea is the third largest in Asia with returns significantly outstripping the public market

Singapore global private markets platform CapBridge Group today announced that it has brought onboard Hanwha Investment & Securities Co., Ltd. ("Hanwha") as an investor and strategic partner. Hanwha will invest US$4m for a stake and partner CapBridge in further promoting the growth of the private markets ecosystem in South Korea and Southeast Asia.

Part of the South Korean multi-profile business conglomerate, Hanwha Group, Hanwha is a leading provider of comprehensive asset management services, including brokerage and acquisition of stocks, bonds, and derivatives.

Johnson Chen, founder and CEO of CapBridge, said, "We are pleased to welcome Hanwha as our shareholder and strategic partner. We look forward to further building out the private markets ecosystem and offering more private markets opportunities to companies and investors in So