Value Partners to launch strategic investment from GF Securities
It will help them boost business growth.
To do this, GF Hong Kong will buy part of the equity holdings from two major shareholders of Value Partners, and is expected to hold 20.20% of Value Partners when the sale completes.
“This transaction will enable Value Partners to further strengthen its position as a world-class Asia and China specialist asset manager to address the increasing investment needs from institutional and individual investors globally,” read the statement.
GF Hong Kong CEO Charles Lin said GF Securities values the opportunity to collaborate with Value Partners as a strategic shareholder.
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“The move is also in line with GF Securities' strategy to expand the firm's global footprints. We believe that with joint efforts, GF Securities will be able to further advance sustainable economic growth and capture financial opportunities in China's Greater Bay Area,” he added.
Dato' Seri Cheah Cheng Hye, co-chairman and co-chief Investment Officer at Value Partners, said “the partnership will not only significantly increase Value Partners' reach to mainland Chinese investors, especially in the Greater Bay Area, through GF Securities' strong distribution network, but also strengthen our investment capabilities across different asset classes in China.”