About Us

Dedication · Excellence · Trust

Provenance Capital is a Singapore based boutique corporate finance firm licensed by the Monetary Authority of Singapore to provide corporate finance advisory services to companies aspiring to list and companies listed on the Main Board and Catalist Board of the Singapore Exchange (“SGX-ST”). We also advise on, among others, corporate actions by these listed companies in relation to the rules and regulations of the SGX-ST and the Singapore Code on Take-Overs and Mergers.

Provenance Capital is a privately owned company. We are not associated with any financial institutions, which allows us to be independent and unencumbered by any potential conflicts of interest in our role as a financial adviser or independent financial adviser to our clients.

Today, our company is wholly-owned by three Singaporeans who are also members of the board of directors of Provenance Capital. They are Dr Tan Boon Wan (Chairman and Non-Executive Director), Mr Nasrat Muzayyin (Non-Executive Director) and Ms Wong Bee Eng (Chief Executive Officer and Executive Director).

Led by Ms Wong Bee Eng since February 2007, we aspire to be the trusted adviser and adviser of choice to our clients, which include listed and private companies locally and internationally. She has a wealth of corporate finance experience in established financial institutions in Singapore.

Our work philosophy is simple, yet effective: understand the business, strategise, and assist clients to achieve their objectives. We seek to understand our client’s strategy and objectives. We help clients identify and pursue strategic alternatives, develop strategies to enhance shareholder value, and advise clients on their fund raising to meet their growth objectives.

We will avoid situations where our client’s interests are in conflict with ours. We are committed to our clients and believe in building long term relationships with them. We have a genuine interest in their businesses and our goal is to help our clients succeed.

Our team of dedicated professionals provides a comprehensive range of corporate finance advisory services which includes initial public offering and listing on the SGX-ST (“IPO”), secondary capital raising, mergers and acquisitions, advisory services for a wide range of corporate actions on reverse takeover, general takeover offers, privatisations, de-listings, interested person transactions, whitewash waivers, special deals and scheme of arrangements as well as continuing sponsorship services to Catalist-listed companies.

In June 2014, we became a Continuing Sponsor to companies listed on the Catalist Board of the SGX-ST, which is a sponsor-supervised board of the SGX-ST to attract fast growing companies to raise capital in Asia. Catalist-listed companies must engage a Sponsor at all times to continue to be listed on the Catalist Board. We have been selective and careful in our approach in taking on sponsorship services of Catalist companies. In June 2015, Vallianz Holdings Limited with a then market capitalisation of S$177 million became our first sponsorship client. Since becoming a Continuing Sponsor, we have advised various Catalist-listed companies on their corporate actions.

Our clients and fellow professionals recognise us for our efficient and quality advice and opinions. Through their support, we have established ourselves as one of the leading Financial Advisers and Independent Financial Advisers in the corporate finance industry in Singapore.

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Our Services

CAPITAL RAISING

We act as the Issue Manager for IPOs, Financial Adviser for RTOs and Rights Issue Manager for Rights Issues and Placement Manager for Placement exercises where these equity securities are to be listed on the SGX-ST.

Our team has the capability and experience to execute these capital raising exercises diligently and effectively. To ensure consistent quality of our work and services to our client, each of our corporate finance projects is closely supervised by our senior management.

Clients have direct access to our senior management. Our senior management has a good understanding of the clients and their projects as they adopt a hands-on approach to each of the projects. As a result, if and when any issues arise, they are resolved promptly so that the projects are completed effectively and efficiently to meet the client’s objectives.

We provide corporate finance inputs to clients that are relevant in their strategic planning and decision making when seeking a listing or fund raising exercise, across a wide range of industries and for clients who are located in Singapore as well as overseas.

 

ADVISORY

Our team provides expert, conflict free strategic and tactical advice and opinions to our listed clients on some of their most complex and strategic decisions and transactions and deliver execution of the highest quality to them.

We are licensed to act as the Financial Adviser or Independent Financial Adviser (“IFA”) in a wide range of corporate actions.

As a boutique corporate finance firm, in view of our independence and established track record, we are uniquely qualified to act as the IFA for many corporate transactions that require the advice of an IFA including:

  • general takeover offers
  • interested person transactions
  • whitewash waivers
  • major acquisitions and disposals
  • corporate restructurings
  • voluntary delisting and exit offers
  • privatisations
  • scheme of arrangements

 

CONTINUING SPONSORSHIP

As a Continuing Sponsor, we are authorised to:

(a)        advise Catalist listed companies on their corporate actions; and

(b)        act as their Sponsor.

Many of our advisory services to these Catalist listed companies are similar in nature to those provided to Main Board listed companies.

Before we agree to act as the Sponsor to a Catalist listed company, we will conduct our detailed due diligence process. Once on-board, we will seek to understand and work with the Board and management of our sponsored companies to bring their vision to fruition in compliance with the Catalist rules.

Our registered professionals are supported by a team of compliance officers, to ensure our sponsored client’s needs are attended to promptly and efficiently.

 

Our Team

DR TAN BOON WAN

CHAIRMAN

Dr Tan has been our Chairman since August 2004. He is one of the co-founders of Provenance Capital. Dr Tan was a former Member of the Parliament in Singapore ...

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MR NASRAT MUZAYYIN

DIRECTOR

Mr Muzayyin is our Director and one of the co-founders of Provenance Capital.He was first appointed as Director in November 2004 and reappointed as Director in January 2011...

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MS WONG BEE ENG

CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR

Ms Wong is the Chief Executive Officer and Executive Director of Provenance Capital. She has been leading the firm since joining the firm ...

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Deals

  • 2016

    SINGAPORE EDEVELOPMENT LIMITED

    IFA in relation to the whitewash resolution and IPT in connection with the subscription of shares by Mr Chan Heng Fai and his associates

    S$7 million

  • 2016

    XINREN ALUMINUM HOLDINGS LIMITED

    IFA in relation to the voluntary conditional cash offer

    S$782 million

  • 2016

    ASIATRAVEL.COM HOLDINGS LTD

    IFA in relation to the whitewash resolution and IPT in connection with the placement cum warrants issue to Zhong Hong New World International Limited

    S$226 million

  • 2016

    GREEN BUILD TECHNOLOGY LIMITED (f.k.a. YOUYUE INTERNATIONAL LIMITED)

    IFA in relation to the IPT on the disposal of its packaging business.

    S$8 million

  • 2016

    SINOTEL TECHNOLOGIES LTD.

    IFA in relation to the voluntary delisting

    S$54 million

  • 2016

    LI HENG CHEMICAL FIBRE TECHNOLOGIES LIMITED

    FA in relation to the voluntary unconditional cash offer

    S$340 million

  • 2015

    EASTERN HOLDINGS LTD.

    IFA in relation to the voluntary delisting

    S$64 million

  • 2015

    ALPHA ENERGY HOLDINGS LIMITED (f.k.a. JK TECH HOLDINGS LIMITED)

    IFA in relation to the IPT on the disposal of its IT business

    S$5 million

  • 2015

    SINGAPORE EDEVELOPMENT LIMITED

    IFA in relation to the Whitewash Waiver for a Rights cum Warrants Issue

    S$9 million

  • 2015

    ROWSLEY LTD

    IFA in relation to the proposed IPT acquisition

    S$63 million

  • 2015

    HUP SOON GLOBAL CORPORATION LIMITED

    IFA in relation to a recommended takeover offer

    S$22 million

  • 2015

    LIZHONG WHEEL GROUP LTD.

    IFA in relation to the voluntary conditional cash offer

    S$118 million

  • 2015

    COMMUNICATION DESIGN INTERNATIONAL LIMITED

    IFA in relation to the proposed disposal of its outsourced marketing and communication business

    S$3 million

  • 2015

    JUNMA TYRE CORD COMPANY LIMITED

    FA to Ultimative Ltd in relation to the voluntary delisting of Junma Tyre Cord Company Limited

    S$15 million

  • 2015

    OLS ENTERPRISE LTD (f.k.a. TRANSCU GROUP LIMITED)

    IFA in relation to the Whitewash Waiver to Advance Opportunities Fund and its concert parties (Creditors' Scheme)

    S$9 million

  • 2015

    LAFE CORPORATION LIMITED

    IFA in relation to the proposed IPT disposal

    S$100 million

  • 2015

    FAR EASTERN BANK LIMITED

    IFA in relation to the recommended voluntary conditional cash offer

    S$351 million

  • 2015

    LCD GLOBAL INVESTMENTS LTD.

    IFA in relation to the voluntary conditional cash offer

    S$348 million

  • 2015

    CH OFFSHORE LTD

    IFA in relation to the voluntary conditional cash offer

    S$349 million

  • 2014

    VALLIANZ HOLDINGS LIMITED

    IFA in relation to the proposed IPT acquisition

    S$51 million

  • 2014

    SERIAL SYSTEM LTD

    IPT in connection with the proposed acquisition of the entire trading and distribution business of GSH Corporation Limited

    S$19 million

  • 2014

    SINGAPORE MEDICAL GROUP LIMITED

    Manager for the Rights Issue

    S$4 million

  • 2014

    JUBILEE INDUSTRIES HOLDINGS LTD

    IFA in relation to the IPT on the proposed acquisition

    S$10 million

  • 2014

    JB FOODS LIMITED

    IFA in relation to the proposed IPT acquisition of the call option shares in PT Jebe Koko

    S$23 million

  • 2014

    FISCHER TECH LTD

    IFA in relation to the mandatory unconditional cash offer

    S$44 million

  • 2014

    CHINA ENERGY LIMITED

    Delisting - financial resource confirmation

    S$34 million

  • 2014

    EOC LIMITED

    IFA in relation to the whitewash resolution in connection with the acquisition of EMAS Marine from Ezra Holdings Limited

    US$520 million

  • 2014

    GOODPACK LIMITED

    IFA in relation to privatisation of Goodpack Limited by KKR by way of a scheme of arrangement

    S$1,399 million

  • 2014

    CHINA PRINT POWER GROUP LIMITED

    IFA in relation to the acquisition of Cloud Decade Limited

    S$83 million

  • 2014

    SWISSCO HOLDINGS LIMITED

    IFA in relation to IPT acquisition of Scott and English and whitewash resolution

    S$285 million

  • 2014

    YUUZOO CORPORATION LIMITED (f.k.a. W CORPORATION LIMITED) (f.k.a. CONTEL CORPORATION LIMITED)

    IFA in relation to RTO with YuuZoo, IPT on Equity Linked Notes and General Mandate for IPT

    S$516 million

  • 2014

    CHIWAYLAND INTERNATIONAL LIMITED (f.k.a R H ENERGY LTD)

    IFA in relation to the whitewash resolution in connection with the RTO with Chiwayland International

    S$435 million

  • 2014

    LCD GLOBAL INVESTMENTS LTD.

    IFA in relation to the mandatory conditional cash offer

    S$179 million

  • 2014

    GLOBAL PREMIUM HOTELS LIMITED.

    IFA in relation to the voluntary unconditional cash offer

    S$347 million

  • 2014

    KREUZ HOLDINGS LIMITED

    IFA in relation to acquisition of Kreuz Holdings Limited by Headland Private Equity Fund by way of a scheme of arrangement

    S$446 million

  • 2013

    HIAP HOE LIMITED

    IFA in relation with takeover of Superbowl Holdings Limited

    S$239 million

  • 2013

    DEVOTION ENERGY GROUP LIMITED

    FA to Climate Holding Ltd in relation to the voluntary delisting of Devotion Energy Group Limited

    S$39 million

  • 2013

    GREEN BUILD TECHNOLOGY LIMITED (f.k.a. YOUYUE INTERNATIONAL LIMITED)

    IFA in relation to the mandatory conditional cash offer

    S$6 million

  • 2013

    YONGMAO HOLDINGS LIMITED

    IFA in relation to the IPT on the proposed restructuring

    S$16 million

  • 2013

    PEOPLE'S FOOD HOLDINGS LIMITED

    IFA in relation to the voluntary conditional offer in a privatisation exercise.

    S$1,370 million

    People's Food Holdings

  • 2013

    GRP LIMITED

    Manager for the Rights cum Warrants Issue

    S$67 million

  • 2013

    CONSCIENCEFOOD HOLDING LIMITED

    IFA in relation to the voluntary delisting

    S$73 million

  • 2013

    SUPERIOR MULTI-PACKAGING LTD

    FA to Crown Speciality Packaging Investment Pte. Ltd. in relation to the voluntary delisting of Superior Multi-Packaging Ltd

    S$71 million

  • 2013

    SINGAPORE WINDSOR HOLDINGS LTD

    FA to Mr Ho Kwok Wai in relation to the mandatory unconditional cash offer of Singapore Windsor Holdings Limited

    S$22 million

  • 2013

    CHINA KUNDA TECHNOLOGY HOLDINGS LIMITED

    IFA in relation to the ratification of the loans, interested charged and late penalty charges as an IPT

    S$2 million

  • 2013

    ROWSLEY LTD.

    IFA in relation to IPT land acquisition and whitewash resolution to Mr Peter Lim and his concert parties

    S$360 million

  • 2013

    SUNMOON FOOD COMPANY LIMITED

    IFA in relation to the issue of convertible loan as an IPT and whitewash resolution

    S$18 million

  • 2013

    TSIT WING INTERNATIONAL HOLDINGS LTD

    IFA in relation to the mandatory unconditional cash offer in a privatisation exercise

    S$65 million

  • 2013

    JB FOODS LIMITED

    IFA in relation to the approval and ratification of past recurrent IPTs and general mandate

    S$47 million

  • 2013

    GSH CORPORATION LIMITED

    IFA in relation to Whitewash Waiver to Mr Sam Goi and his concert parties (Rights Issue)

    S$247 million

  • 2013

    PCA TECHNOLOGY LTD

    IFA in relation to the voluntary conditional cash offer in a privatisation exercise

    S$31 million

  • 2012

    OKH GLOBAL LTD. (f.k.a. SINOBEST TECHNOLOGY HOLDINGS LTD)

    IFA in relation to the TRO with OKH Holdings (S$127m), IPT disposal (S$30m), which eventually resulted in a takeover (S$13m)

    S$170 million

Contact Us

Address: 96 Robinson Road, #13-01, SIF Building, Singapore 068899

Phone: +65 6227 1580

Email: info@provenancecapital.com

Nearest Hourly Carpark: 80 Robinson Road Singapore 068898

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