Thakral Corp, which has interests largely in property and distribution of consumer products, has taken a 5% stake in W Capital Markets, which values the corporate finance firm at $21 million.

Founded by M&A banker Wayne Lee in 2018, W Capital Markets has already completed 15 capital market deals. 

According to W Capital's website, the firm most recently acted as the financial adviser to the voluntary general offer for Sunvic Chemical; it played a similar role to the general offer made for Penguin International. 

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