Exclusive: STI Financial Group acquires 35% stake in Singapore's Global Movers

Exclusive: STI Financial Group acquires 35% stake in Singapore's Global Movers

A Singapore Exchange logo sits outside their head office in Singapore April 22, 2015. REUTERS/Edgar Su/Files

Hong Kong-based asset manager STI Financial Group (STI), which provides bespoke capital solutions that focus primarily on fragmented middle-market companies in Asia, has acquired a 35 per cent stake in Global Movers Inc (GM), holding company of Asia Management Fund (AMF).

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