Raffles Family Office to invest $15m in HK's co-working space provider WorkTech

Raffles Family Office to invest $15m in HK's co-working space provider WorkTech

A man works in The Great Room co-working space. Photographer: Wei Leng Tay/Bloomberg

Hong Kong-based asset management firm Raffles Family Office (RFO) on Wednesday announced that it is investing $15 million (S$20.4 million) in co-working space provider WorkTech.

Hong Kong-headquartered WorkTech, which is currently valued at $100 million, will use the funding to accelerate its expansion in Southeast Asian markets, including Vietnam, Cambodia, Thailand and the Philippines.

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