Singapore: Crowdfunding venture CoAssets expands board ahead of global expansion

Visual from CoAssets website

Singapore-based and Australia-listed crowdfunding venture CoAssets Pte Ltd, which trades on the National Stock Exchange (NSX) of Australia, is expanding its board with the appointment of two independent non-executive directors.

Dr. Jeffrey Chi, a noted investment veteran, and Chew Siang Chee, a chartered professional accountant, will join the board of CoAssets soon.

Currently, Dr Chi serves as a managing director of Vickers Venture Partners and is the chairman of the Singapore Venture Capital & Private Equity Association (SVCA). He had previously served as an advisor for CoAssets, prior to its listing on the NSX.

Dr Chi is a veteran in the investment and startup venture space in China and Southeast Asia, with notable exits/partial exits including UUCUN, Sunfun Info, Cambridge Real Estate, Real Time Gaming Asia, TWG Tea and Asian Food Channel.

Meanwhile, Chew is a certified professional accountant and handles Asian treasury affairs for global energy & commodity group Mercuria Energy Trading.

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HIs expertise in cross border currency transactions will be an asset to CoAssets’ international expansion. Chew recently won Asia’s Best Treasurer at the Corporate Treasurer Marquee Awards 2015, following his capacity to improve companies’ finance and treasury operations in testing environments.

Commenting on the new appointments, Getty Goh, CEO and co-founder of CoAssets said, “As CoAssets is branching out into countries like Indonesia and China, we believe that the company will benefit from their operational experience and industry background.

Goh explained that Dr. Chi’s appointment as an independent directors was in preparation for an aggressive expansion of operations. Meanwhile, Chew’s experience in foreign exchange risk management is considered an essential element necessary to guide CoAssets, as it enters new markets and expands across the region.

Goh added, “From the investors’ perspective, this also shows the company’s commitment to bring the best and brightest on board. The fact that well respected individuals are prepared to join our team goes to show that we are not some fly-by-night start-up but a leader in the crowdfunding space.”

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.