WRISE Group launches WRISE Capital to bolster Corporate Advisory Services
HONG KONG SAR - Media OutReach Neswire - 22 April 2025 - WRISE Group today announced the launch of WRISE Capital, a new core business unit that specialises in comprehensive corporate finance and advisory services for listed companies, private and institutional clients. This strategic expansion follows the acquisition of Elstone Capital, a licensed financial advisory firm in Hong Kong managing deals such as IPOs, takeovers, privatisations and listing transfers. WRISE Capital will operate from Hong Kong, serving clients globally.Alongside WRISE Private and WRISE Prestige, WRISE Capital will serve as one of the three core business units in WRISE Group, solidifying the company's position as a comprehensive financial services provider for ultra-high and high-net-worth clients.This move strategically allows WRISE Group to capitalise on the unprecedented growth in Asia's dealmaking landscape which saw strategic mergers and acquisitions (M&A) growth of 20% (US$666 billion) in Asia alone, overshadowing counterparts such as North America (2%) and Europe (9%)."The acquisition of Elstone Capital and the formation of WRISE Capital represents a significant milestone in our Group's strategy to provide a comprehensive 360-degree wealth ecosystem for clients," said Derrick Tan, Executive Chairman, WRISE Group."With a rich history of successful transactions and a deep understanding of global financial markets, Elstone Capital's expertise aligns perfectly with WRISE Group's commitment to providing clients with tailored strategies across key global financial hubs. As investors and businesses seek financial advice today's dynamic market, WRISE Capital will continue to extend strategic expertise and innovative solutions to our clients," he adds.Headed by newly appointed CEO, Nicholas Cheng, WRISE Capital will provide a full range of corporate finance and advisory services, including M&A and takeovers advisory, Initial Public Offering (IPO) sponsorship and preparation, post-listing and compliance advisory services for Hong Kong listed companies."We are excited to join WRISE Group by providing collective expertise for seamless delivery of world-class corporate finance and advisory services," said Nicholas Cheng, CEO of WRISE Capital. "Our team's extensive experience, honed through years of navigating complex mergers, acquisitions, IPOs and other financial transactions, will translate into significant value creation for WRISE's global clientele as they navigate evolving market landscapes to achieve long-term strategic success."WRISE Capital's management team will also include Alan Au-Yeung, Chief Strategic Officer and Fanny Lee, Chief Operating Officer. Both executives each have over 20 years of experience across corporate finance and compliance advisory services.Hashtag: #WRISE
The issuer is solely responsible for the content of this announcement.
WRISE
WRISE is one of Asia's fastest-growing financial firms, driven by strategic acquisitions of companies with deep expertise and solid foundations. With a strong presence across key financial hubs including Singapore, Dubai, Hong Kong, Shanghai, Shenzhen and Tokyo, WRISE is home to one of the largest network of independent qualified advisors.
With over 400 employees located globally, supported by an ecosystem of over 200 financial intermediaries and access to eight booking centres worldwide, WRISE ensures unparalleled service and expertise in navigating today's financial landscape.
WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WeWrise Services, and affiliated companies WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong) and WRISE Financial Services (Hong Kong).
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New Straits Times
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The Star
an hour ago
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The Star
an hour ago
- The Star
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Its flight attendants approved a contract last year that provided for total compounded increases of 30% over five years, making them the highest paid in the industry in Canada. According to union data, a Transat flight attendant would start at an hourly rate of C$40.38 or about US$29.22, effective November, compared with an entry level wage of C$26.42 at Air Canada's low-cost service Air Canada Rouge or around C$30 at the mainline carrier. Air Canada did not confirm if such a proposal had been put forth by the union. Earlier in the day outside Toronto Pearson International Airport – the country's busiest – hundreds of cabin crew waved flags, banners and picket signs. Union officials called on members to assemble outside all of the country's major airports, including in Toronto, Montreal, Calgary and Vancouver. Montreal-based Air Canada had said the suspended flights included those operated by Air Canada Rouge. Flights by Air Canada's regional affiliates – Air Canada Jazz and PAL Airlines – were operating as usual. Hajdu told reporters she had also asked the country's industrial relations board to extend the terms of the existing collective agreement until a new one is determined by the arbitrator. The Canada Labour Code gives the government the right to ask the industrial relations board to impose binding arbitration in the interests of protecting the economy. Under Justin Trudeau, Carney's predecessor, the government intervened quickly last year to head off rail and dock strikes that threatened to cripple the economy. — Reuters
