Winston Tan, managing director of Corporate Brokers international, bought into W3
Friday, 8 Nov 2006
 
W3 is pleased to welcome a new shareholder and director. Winston Tan, managing director of Corporate Brokers International, today bought over a minority stake in W3 from Greendot Capital [a 100% Temasek subsidiary]. Winston will sit on W3’s board. Bill Liu, incumbent chairman and Temasek’s representative, will continue as W3’s chairman. With an experienced banker and successful private investor like Winston on board, W3 is looking at enhanced synergy for its investees to scale up to capital markets and to expand its quality deal pipeline.
 

About W3 Infocomm Group Pte Ltd
W3 Infocomm Group is an investment holding company with sterling track records in investing and raising subsequent round funding for start-ups and early stage companies. With some of its portfolio companies now actively in the process of M&A and IPO, W3's investment focus has shifted from what was primarily early stage investment in infocomm and media companies to quality investments in late stage, pre-IPO and pre-trade sales companies. Shareholders of W3 and its investee companies include SingTel Group, Singapore Technologies Electronics Ltd, Gemplus Ventures, PrimePartners Group and private investors.
 

For more information, visit www.w3ig.com