A vendor can sometimes turn out to be an investment opportunity — even if it is just a minority stake. That has certainly been the case for the Thakral family, which controls Thakral Corp, an investment holding company with properties in Australia, Japan and Singapore, among other interests.

On May 4, Thakral put in $1.05 million for a 5% stake in boutique corporate finance firm W Capital. The transaction, which was a Series A fundraising round, valued the latter at $21 million. 

W Capital is a capital markets services licensed firm approved by the Monetary Authority of Singapore. It is also an accredited Mainboard issue manager and a Catalist board full sponsor authorised by the Singapore Exchange.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook