Tsangs Group, located in Hong Kong, is expanding its reach to Singapore by opening a new office there, a development that was probably missed during the Chinese New Year celebrations.
The new office is located at Asia Square Tower 2 in the Asian city-state.
Tsangs Group, calls itself “an innovation-focused global family office that bridges East and West,” has also appointed Daisy Ha as the chief executive of the new office. Ha has more than a decade of experience in corporate finance, particularly in the equity capital market, debt capital market and private market across Asia, the organisation said in a recent statement.
“With the synergy between my investment banking experience and the business of Tsangs Group, I am excited to be part of the group. I look forward to work together with team to develop and grow our business in SEA region,”
Daisy Ha, CEO of the new office
The entry into Singapore serves as a reminder of how crucial it is for businesses looking to demonstrate their expertise in wealth management to have a presence there. Singapore has made an effort to advance as a wealth centre through a number of reforms and new entities, such as variable capital firms. Hong Kong’s reputation suffered somewhat as a result of the tight restrictions—now relaxed—implemented to stop the pandemic, as well as worries about Beijing’s impending security laws.
Hong Kong’s Tsangs Group Opens In Singapore – WealthBriefing Asia