PRESS RELEASE 22 June 2016
CoAssets Appoints Asia’s Best Treasurer as CIO
Australia’s first listed crowdfunding platform CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), is pleased to announce that Mr. Chew Siang Chee will join as their Chief Investment Officer (CIO) with effect from 1 July 2016.
Mr Chew’s expertise in cross border currency transactions will be a great asset to CoAssets’ international expansion. He 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.
Mr Chew’s new role will be to take charge of CoAssets’ investment portfolios. He will lead the team at CoAssets to manage and monitor investment activity, working with external analysts and maintaining good investor relations. Company’s success following aggressive growth The CIO appointment comes at a time when the Company is expanding rapidly across multiple jurisdictions. CoAssets currently has offices in Australia, China, Indonesia, Malaysia and Singapore. It has raised more than $45m over its crowdfunding platform and facilitated more than 60 projects since the company was founded in 2013.
CoAssets Ltd (NSX:CAX) www.CoAssets.com Australia +65 6532 7008
[email protected] Office J, Level 2, 1139 Hay Street West Perth WA 6005
Singapore
7 Temasek Boulevard, #18-03B, Suntec Tower One, S( 038987)
China
#2 Shu Guang Zhi Lum Shi Ji Bai Lian Building, #05-05, Taijiang District, Fuzhou, Fujian
Indonesia
Jalan Dukuh Kupang X no 6, Surabaya 60225
Malaysia
Lvl 30, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200, KL
Incoming Chief Investment Officer of CoAssets, Mr. Chew Siang Chee, commented: “Prior to my appointment as CIO, I joined the Company as Independent Director in March earlier this year. I have worked with Getty and have witnessed CoAssets breaking new grounds in the crowdfunding and financial technology space. Within the past few months, CoAssets has achieved strong growth not just in Singapore but also the region as well.
Leveraging my past work experiences, I see myself contributing effectively to CoAssets’ continued growth. CoAssets is the leader in the crowdfunding business and financial technology space, and I look forward to moving to even greater heights with the Company.” Mr Getty Goh, CEO and Co-Founder of CoAssets, commented: “Mr. Chew’s experience in foreign exchange risk management is essential in our pursuit to make CoAssets a truly regional crowdfunding platform. It is our regional presence that sets us apart from other local players and with talents like Mr. Chew, I am confident to say that we are a step closer to making crowdfunding more accessible to users from ASEAN, China and Australia.
Mr. Chew’s appointment comes at a time when the company is experiencing solid business growth and exploring new opportunities. From the investors’ perspective, this also shows the company’s continued commitment to bring the best and brightest on board, and reinforces our credibility as the leader in Asia’s crowdfunding space.”
Press Contacts Dan Smith, Executive Director
Elodie Castagna, FTI Consulting
Direct: +61 8 9486 4036
Office: +61 9485 8888
Mobile: +61 (0) 417 978 955
Direct: +61 8 9485 8818
Email:
[email protected] Mobile: +61 (0) 432 120 061
About CoAssets (NSX Code: CAX) CoAssets (www.coassets.com) is one of South-East Asia’s leading crowdfunding platforms, which is listed on the National Stock Exchange of Australia. It is not licensed and/or regulated by the Monetary Authority of Singapore. Officially launched in Singapore in July 2013, it currently has more than 49,000 registered users., and the amount successfully funded stands at more than S$43 million (US$30 million). The company won the Red Herring Top 100 Asia Award for 2014, as well as OPP Gold Award for Excellence and currently has offices in Australia, Malaysia and Singapore.
CoAssets Ltd (NSX:CAX) www.CoAssets.com Australia +65 6532 7008
[email protected] Office J, Level 2, 1139 Hay Street West Perth WA 6005
Singapore
7 Temasek Boulevard, #18-03B, Suntec Tower One, S( 038987)
China
#2 Shu Guang Zhi Lum Shi Ji Bai Lian Building, #05-05, Taijiang District, Fuzhou, Fujian
Indonesia
Jalan Dukuh Kupang X no 6, Surabaya 60225
Malaysia
Lvl 30, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200, KL
CoAssets Ltd (NSX:CAX) www.CoAssets.com Australia +65 6532 7008
[email protected] Office J, Level 2, 1139 Hay Street West Perth WA 6005
Singapore
7 Temasek Boulevard, #18-03B, Suntec Tower One, S( 038987)
China
#2 Shu Guang Zhi Lum Shi Ji Bai Lian Building, #05-05, Taijiang District, Fuzhou, Fujian
Indonesia
Jalan Dukuh Kupang X no 6, Surabaya 60225
Malaysia
Lvl 30, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200, KL