Our Investments

  Consumer      Philippines

• Founded in 2012, Wildflour Hospitality Group is an award-winning premium casual restaurant operator in Manila, Philippines established to offer delicious and premium food with hospitality married with the perfect ambience at prime and highly accessible locations

  With more than 10 years of experience behind them, Wildflour currently has 18 branch locations across over 50 spaces with 8 brands such as Wildflour Restaurant, George & Onnie’s Filipino Restaurant, Wildflour Italian, Pink’s Burgers, Hotdogs and Shakes, and Farmacy Ice Cream and Soda Fountain, as well as newly launched brands such as Little Flour Café and Pizza Sisters, and soon-to-launch Kei Maki and Antica Osteria.

  Wildflour continues to be the go-to destination restaurant group in the Philippines, frequented by both Filipinos and foreign visitors alike for its one-of-a-kind experience, diverse and creative menu selection, and steadfast dedication to being at the cutting edge of the local culinary scene.

• Type of transaction: Significant equity
• Year of Investment: 2024
• Status: Active
• Website: https://wildflour.com.ph/

  Logistics      Vietnam

• Founded in 2004, Bee Logistics is one of the leading integrated logistics companies in Vietnam with a vision to become a reliable global logistics partner of choice.

  With an extensive network of 22 offices in Vietnam and 13 offices internationally, Bee Logistics provides end-to-end multi-modal logistics solutions globally, ranging from international sea freight and air freight services, customs brokerage, inland and cross-border transportation, heavy cargo & specialised handling services to value-added services that include vendor and inventory management, warehousing, packaging & labelling.

  The company’s customer-first philosophy and innovative approach to solving complex logistical challenges have earned them numerous local and international awards, and entrusted by leading Vietnamese and international clients for their logistics needs.

• Type of transaction: Significant equity
• Year of investment: 2023 
• Status: Active
• Website: http://www.beelogistics.com/

  Industrial      Malaysia

• G.B. Industries is a globally recognised manufacturer specialising in the manufacture of electrical Personal Protective Equipment (“PPE”) based in Malaysia, specifically, rubber insulating gloves and rubber insulating sleeves under the brand, NOVAX®.

  Besides electrical safety products, GBI also manufactures heavy duty chemical resistant gloves and glovebox gloves under the brand, REMZBAUER®. These products are mainly used by lineman or electrical contractors when carrying out work that exposes them to energised parts.

  With over 30 years of experience in the latex manufacturing space, GBI produces rubber insulating products under its own brands, namely NOVAX® and STROM®; two reputable brands synonymous with the highest quality standard accredited by the American Society of Testing and Materials and the European Standard.

• Type of transaction: Control
• Year of investment: 2022
• Status: Active
• Website: https://www.gb-intl.com/
   

  Consumer      Indonesia

• Founded in 2006, Victoria Care is one of Indonesia’s leading and fastest growing beauty and personal care manufacturers and distributors. Its portfolio of well-known brands have received the prestigious Top Brand Award since 2016.

  Targeted at the mass-market with a “value-for-money” product positioning, most of the company’s products are Halal certified and key brands including Miranda, Herborist, Victoria and Secret Clean cover hair care, body care and antiseptic product categories.

  Victoria Care has a wide-ranging go-to market strategy, covering traditional wholesalers and retailers, hypermarkets, mini-markets and convenience stores, with an Indonesia-wide presence of more than 70,000 outlets across both traditional and modern trade formats. In addition, the company has further penetrated other distribution channels such as beauty salons, independent stores, exports and e-commerce. With its manufacturing facility located in Semarang, the company has a vertically integrated business model with its own in-house manufacturing, research and development and distribution capabilities.

• Type of transaction: Significant equity
• Year of investment: 2021
• Status: Active
• Website: https://vci.co.id/

  Consumer      Malaysia

• Founded in 1993, the core business activities of DXN include cultivation, manufacturing and marketing of the health food supplements. Based in Malaysia with worldwide operations, the company is well-known for its Ganoderma business.

  Its product lines include dietary supplements, food and beverages, personal care products, skin care and cosmetics, household products and water treatment system. DXN has earned many outstanding citations and recognitions from various health and business organizations.

  Along with the solid foundation and sustainable development, DXN has rapidly expanded globally through direct selling and is recognized internationally by its vast growth of members worldwide and its amplification of footprint in key strategic locations.

• Type of transaction: Significant equity
• Year of investment: 2017
• Status: Active (Partially divested via IPO on Bursa Malaysia)
• Website: https://www.dxn2u.com/

  Education      Malaysia

• Asia Pacific Education Holdings is a leading private education group offering high quality tertiary education in Malaysia. The group received the Prime Minister’s Industry Excellence Award in 2011.

  Its tertiary education arm was established in 1993 and currently consists of two Institutions of Higher Learning – Asia Pacific University of Technology & Innovation (APU) and Asia Pacific Institute of Information Technology (APIIT). APU and APIIT are among the highest ranked Institutions of Higher Learning in Malaysia with 5-Star (Excellent) ratings by the Ministry of Higher Education.

  Its tertiary education arm was established in 1993 and currently consists of two Institutions of Higher Learning – Asia Pacific University of Technology & Innovation (APU) and Asia Pacific Institute of Information Technology (APIIT). APU and APIIT are among the highest ranked Institutions of Higher Learning in Malaysia with 5-Star (Excellent) ratings by the Ministry of Higher Education.

• Type of transaction: Control
• Year of investment: 2017
• Status: Exited
• Website: https://www.apu.edu.my/explore-apu/apiit-education-group

  Consumer      Malaysia

• Founded in 1957, TF Value Mart Sdn. Bhd. (Registration number: 482123-U) is a leading hypermarket chain in Malaysia, operating 36 outlets across 8 states in Malaysia. TF Value Mart offers fresh produce, grocery products and general merchandise to local consumers, and is well-regarded by customers for its focus on quality and value.
• Type of transaction: Control
• Year of investment: 2016
• Status: Exited
• Website: https://www.tfvaluemart.com.my/

  Services      Singapore

• Power Diesel is a marine diesel engine inspection, maintenance and repair service (“IMR”) provider, mainly focused on high and medium speed engines for the offshore oil and gas industry.

  With its strategic location in Singapore, Power Diesel is able to very quickly deploy, at short notice, personnel, tooling and material on site to various corners of the world to provide quick and effective relief to equipment failure. They have undertaken countless diesel engine overhauls in the marine offshore, oil and gas, industrial and construction sectors, offering extensive knowledge and know-how on medium and high-speed diesel engines.

  Power Diesel is a certified ISO 9001:2015 quality standard company, accredited to UKAS Quality Management System, and were certified by British Standard Institute to enhance customer satisfaction and quality control through the consistent improvement and effectiveness of their quality management system.

• Type of transaction: Control
• Year of investment: 2015
• Status: Exited
• Website: https://www.powerdiesel.com.sg/

  Consumer      Singapore

• Founded in 2003, Aalst Chocolate is the first Singaporean brand that can produce both chocolate covertures and compounds. With 6 brands under its wing, Aalst Chocolate exports 98% of its products to over 55 countries all over the world.

  Aalst supplies to customers mainly in industrial (confectionery, ice-cream, biscuits and bakery) and food service (professionals and chefs). They have doubles production facilities, formalised key processes, and invested in their growers, chefs, sales staff to ensure commitment to quality.

  Aalst is a recipient of multiple awards, including the Monde Selection Gold Award 2014 and a quality certified manufacturer (GMP certified Grade A, HACCP and FSSC 22000 certified).

• Type of transaction: Significant equity
• Year of investment: 2015
• Status: Exited
• Website:  https://www.aalstchocolate.com/

  Healthcare      Singapore

• Founded in 1993, Orange Valley is a leading provider of quality nursing care in Singapore. It offers nursing home services, home care services and ambulance services, and has 20 years of operational experience with nursing homes.

  Orange Valley owns and operates six nursing homes in Singapore which are conveniently located within the vicinity of full-fledged hospitals and housing estates. As of May 2014, Orange Valley has c.1,000 nursing home beds and employs over 500 staff in Singapore.

• Type of transaction: Control
• Year of investment: 2014
• Status: Exited
• Website: https://orangevalley.sg/

  Healthcare      Singapore

• With over 24 years in the industry, the DRx Aesthetic Clinic has been pioneering in Singapore’s medical aesthetics scene and commits to providing the highest level of care and safety.

  Through the DRx Clinic and the DRx Medispa, the DRx Group provides a full suite of minimally to non-invasive medical aesthetic treatments, as well as non-medical adjunctive services.

  With clinic and medispa operations in Singapore and Malaysia, the DRx Group has served more than 69,000 customers and won numerous awards. The DRx Group’s proprietary line of Derma-Rx skincare products has a strong following and is sold at Derma-Rx affiliate clinics around the world.

• Type of transaction: Control
• Year of investment: 2014
• Status: Exited
• Website: https://drx.com.sg/