W Capital Markets has entered into an agreement with KL-based VCI Global to refer clients to each other.
Listed on the Nasdaq, VCI Global offers consulting services in capital markets, real estate, AI, and technology. It operates its own financing platform as well.
Under this collaboration agreement, VCI Global will introduce clients to W Capital who may have an interest in the investment banking services the latter offers.
VCI Global will also jointly advise clients seeking a Nasdaq IPO.
Wayne Lee, executive chairman and CEO of W Capital says he is confident that this collaboration will create significant value for his clients by providing them access to the combined expertise and resources of the two entities.
Clients introduced by VCI Global will gain access to W Capital's services including M&A and trade sale advisory and private equity growth capital fund-raising.
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These clients can also tap into pre-IPO funding provided by W Capital Private Equity VCC, an associate of W Capital which invests in small to mid-cap companies from Series B to Pre-IPO stage, adds Lee.
Victor Hoo, group executive chairman and CEO of VCI Global, says this collaboration will enable both parties to leverage on each other’s strengths.
"In the case of VCI Global, this collaboration will enlarge our pool of potential clients seeking to be listed in the United States, which undoubtedly will further increase our earnings into the medium term at the very least.
