CapBridge Group's 1exchange is a unique platform for investors to buy and sell tradeable private equity

CapBridge Group's 1exchange is a unique platform for investors to buy and sell tradeable private equity

Singapore is known as one of the top financial capitals of the world, with multiple investment opportunities for both local and overseas investors, making it a leading and vibrant global financial centre. With the additional launch of a brand-new regulated private securities exchange, 1exchange, accredited investors can now enjoy easy access to institutional grade private equity opportunities.

ShareInvestor shares some insights on this exciting new platform.

Introducing 1exchange (1X)

CapBridge Group, a leading private capital raising platform that leverages on technology to match investors to curated opportunities, has launched 1exchange. 1X is the first stock exchange in Singapore for the trading of private company securities. Regulated as a Recognised Market Operator (RMO) by MAS (Monetary Authority of Singapore) and with Singapore Exchange (SGX) on board as strategic partner and shareholder, 1X’s centralised and transparent processes creates a new asset class of tradable private equity to widen the scope of investment opportunities.

For investors, 1X’s curated investment opportunities brings exclusive access to global private companies at various stages of growth from different industries and geographies, thus providing portfolio diversification beyond public markets. Compared to investing via traditional private equity which requires a long lock-up period of frequently more than 5 years, investors on 1X can trade their holdings and adjust their portfolios at any time.

For the founders and shareholders of private companies, 1X allows them to partially unlock shareholder value and recycle capital at a lower cost than via a public listing, and with the flexibility to retain control of their companies. 1X is also ideal for private companies seeking capital for growth, late stage companies with shareholders and employees who want to monetise their shareholdings; and family-owned businesses seeking to diversify shareholder base or planning for management transitions.

First Listing on 1exchange – Aggregate Asset Management

1X welcomed its first company listing, Aggregate Asset Management (AAM).

AAM recently closed a successful bidding campaign with more than 100% committed. The company is a well-established and successful Singapore-based boutique value fund manager with a focus on listed Asian securities.

AAM’s listing involved a bidding process where investors participated in a Dutch Auction to determine allocation of shares. At the end of the bidding campaign all successful bidders pay the same clearing price, that is, the lowest price at which the last share was successfully sold.

Investors can bid higher or lower than the company’s indicated reserve price, as companies are keen to receive real-time market feedback on what constitutes a fair valuation of their shares.

Through its listing on 1exchange platform, AAM has raised two-thirds of its targeted S$5.2 million (US$3.77 million), and the money will be used to build up the company’s middle and back office functions, bolster its equities research capabilities, and expand its operating capacity. The team also looks forward to delivering long-term sustainable returns to their investors and unitholders further with this exercise that strengthens their company’s capital base.

The AAM Power Team (from left): Wong Seak Eng, Kevin Tok, Professor Kishore Mahbubani and Eric Kong

How to sign up to participate in 1exchange campaigns

With just a few simple steps, accredited investors can participate in 1X and invest in upcoming private equities through the platform:

1exchange is launching more upcoming campaigns from exciting industries soon. Investors who wish to find out more can do so by signing up for an 1X account on www.1x.exchange. Participants must be accredited investors as required and as defined by the Monetary Authority of Singapore.

CapBridge’s associate entity 1exchange (“1X”) is a regulated private securities exchange that provide investors with a unique trading platform to buy and sell private securities in a regulated, centralized and transparent manner.

1X provides an easier and much flexible way to unlock shareholder value and recycle capital for private companies. 1X is designed for private operating companies seeking capital, or preparing for liquidity events; late-stage venture-backed companies with shareholders and employees seeking to monetise their shareholdings; and family-owned businesses seeking to diversify shareholder base or planning for management transitions. Our platform allows for professional investors and business owners to trade in and out of their positions.

1X has a Recognised Market Operator License and is regulated by the Monetary Authority of Singapore. Singapore Exchange (SGX) is a strategic partner and shareholder. For more information on 1X, visit www.1x.exchange.

 

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