W Capital Markets Pte Ltd, a Singapore-based corporate finance firm, has completed its Series B fundraising round, at a post-money valuation of S$42M.
Backers were not disclosed
The company intends to use the funds to expand operations and its development efforts.
Founded by Mr Wayne Lee, W Capital Markets provides a full suite of investment banking services, including M&As, NASDAQ IPOs, Pre-IPO & Secondary Fund Raising, Continuing Sponsorship and Financial Advisory with a focus on mid-cap companies (S$50 million to S$1 billion enterprise value) in the Asia Pacific region. It is a holder of the Capital Markets Services licence issued by the Monetary Authority of Singapore to conduct the regulated activities of “Advising on Corporate Finance” and “Dealing in Capital Market Products that are Securities and units in a Collective Investment Scheme” and is an accredited Mainboard IPO Issue Manager and Catalist Continuing Sponsor authorised by the SGX-ST.
Its Board of Directors includes Mr Wayne Lee, Mr Sin Boon Ann, Mr Tan Wang Cheow and representatives from the Nanshan Group (a Chinese conglomerate which is ranked among the top 200 enterprises in China), namely Mdm Chen Aijun and Mr Sui Xinpeng. Also, Mr. Inderbethal Singh Thakral, CEO and Executive Director of SGX Mainboard listed Thakral Corporation Ltd, is a Board Observer of W Capital Markets.
The company has completed more than 50 capital market transactions since its inception, ranging from S$50M to S$3.0 Billion.
FinSMEs
17/01/2025