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Thakral takes stake in W Capital to hitch to growing demand for corporate finance services

Jeffrey Tan
Jeffrey Tan • 8 min read
Thakral takes stake in W Capital to hitch to growing demand for corporate finance services
A vendor can sometimes turn out to be an investment opportunity — even if it is just a minority stake.
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A vendor can sometimes turn out to be an investment opportunity — even if it is just a minority stake. That has certainly been the case for the Thakral family, which controls Thakral Corp, an investment holding company with properties in Australia, Japan and Singapore, among other interests.

On May 4, Thakral put in $1.05 million for a 5% stake in boutique corporate finance firm W Capital. The transaction, which was a Series A fundraising round, valued the latter at $21 million.

W Capital is a capital markets services licensed firm approved by the Monetary Authority of Singapore. It is also an accredited Mainboard issue manager and a Catalist board full sponsor authorised by the Singapore Exchange.

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