Raffles Capital

Started in 22 May 2000 with investments in residential & industrial real estates and equities of mining companies in Australia & New Zealand

Investment Journey

Abigail Zhang invested in Raffles Capital Limited in December 2014 and with Dr Charlie In on board as Chairman, they engineered a spin-off of all the real estate and mining investments and became an investment and advisory company.

Raffles Capital was involved with several investment and advisory deals in Australia and China that covered property, solar energy REIT, agriculture, coal, copper, gold mining and healthcare services.

In 2016, Abigail and Charlie incorporated Raffles Capital Pte Ltd to bring the HQ back to Singapore while preparing to privatize the company and the approval was given in March 2019.

Both founders of Raffles Capital Pte Ltd decided to form a financial services firm, Raffles Financial, to provide corporate finance advisory and IPO arrangement services for firms seeking public listing in Australia, Europe, North America, Hong Kong and Singapore. In July 2018, Raffles Financial Pte Ltd started business as an exempt corporate finance advisor registered with Monetary Authority of Singapore. The company was listed on the Canadian Securities Exchange in May 2020 with a market capitalization of C$250 million, delivered net profit of S$12 million in 2021.

In 2021, Raffles Capital and the founders invested in Raffles E-Money International (REMI), a merchant and membership loyalty program manager that provides merchants & members with offshore bank accounts, global debit cards, crypto-currency wallets, loyalty points and tokenized trade financing. Members and Merchants can make use of the global payment system to pay for their transactions in cryptos, loyalty points and fiat currencies across 40 million outlets worldwide.

In anticipation of the regulatory changes in Hong Kong, Raffles Capital is working closely with Victoria Financial Group to serve China, Hong Kong, Macau, Taiwan companies with advisory in corporate finance, public listing, asset/fund management, key-man and liabilities insurance.
Victoria Financial is licensed by SFC for approvals in type 4, 9 and insurance services.

Raffles Capital together with the founders are major shareholders of Raffles Financial Group Ltd and have interests in several public-listed companies that are in the food and beverage business, grocery and food distribution, digital infrastructure, durian & fruits exports to China and lab-grown diamonds for the semi-conductor industry.

In October 2022, both Abigail and Charlie transferred their shareholding rights to Raffles Capital and thus became the majority shareholder of Apex Financial Group Limited based in United States of America. Apex's main subsidiary operates www.ApexCapital.Asia, an online corporate finance and fundraising advisory firm helping US companies that are addressing the Indo-Pacific fast-growing markets to raise capital and seek public listing embracing the new regime of Regulations A, A+, CF, D and S.

Raffles Capital is also an oversight and governance supervisor for several funds that are based in Singapore under the new VCC (Variable Capital Company) structure. These funds are invested in the Asian carbon credit ecosystem, global contrarian investments, REITS for Americas.

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FOUNDERS

Abigail Zhang

Director/CIO

Abigail Zhang became the shareholder and director of Raffles Capital Limited in March 2015. She is the director of Marvel Earn Ltd since August 2008 that invested in PRC companies and exited via overseas public listing arranged by her team. She has hands-on experience in the bio-tech, energy, mining, property and service industries including working partnerships with investment banks, auditors, lawyers, valuers and other professionals to prepare companies for IPO, RTO, JV, M+A.

After graduating with a marketing diploma in 2003, she started work for a Beijing bio-tech firm as sales supervisor responsible for training and development. From 2005 to 2006, she was marketing manager for a Beijing pharmaceutical company responsible for franchise development and investment. From 2007 to 2009, she worked for a Singapore-based investment firm to help analyze, audit, arrange and coordinate all their investment activities in China. In 2010, she lead an investment into an energy mining business in Yunnan and Qinghuangdao and listed the firm on the Australian Stock Exchange in April 2012 serving as their executive director until September 2014. From March 2015, she was executive director (responsible for acquisitions & investments) of Raffles Capital Limited, a diversified financial services company that was listed on ASX. In 2018, she secured the collaboration and white-labeling of Exante.eu, a 88,000 investment instruments platform that provides a one-stop 24/7 investment portal offering shares, debts, indices, futures, funds, unit-trusts, forex including cryto-funds of leading exchanges to investors.

In 2018, she co-founded Raffles Financial Group that was listed on the Canadian Securities Exchange in May 2020 and served as the director in charge of investments. In 2021, she co-founded Raffles E-Money International (REMI) that provides merchants & members with offshore bank accounts, global debit cards, crypto-payment wallets, loyalty points and tokenized trade financing.

She holds a HRM bachelor degree and her current research is on children development.

Charlie In

Chairman

Dr Charlie In became the chairman of Raffles Capital Limited in December 2014 after a successful investment into this ASX listed company by Abigail Zhang.

Dr In has more than 40 years of business experience and spent the last 20 years providing investment and private banking advisory services in China. He has invested and listed many PRC companies outside China.

Charlie was advisor to AXA, BASF, Citibank, DBS, Hilton, IBM, Microsoft, Motorola, Siemens, Volvo. He was Chairman of several public-listed companies listed on the ASX and SGX. He was the Chairman of Direct Marketing Association of Singapore, advisor to Asia Pacific Management Institute and the People's Association of Singapore. He was an adjunct faculty member of Singapore Institute of Management for 20 years and 17 years at University of South Australia.

He has taught MBA classes at China’s JiaoTong, RenMin, Beijing and Tsinghua universities. Charlie won the 2010 Big Ben Golden Mulberry Award as the Most Respected Financial Writer for his "Family Financial Freedom" book published by Tsinghua University Press. His “The A to Z of Achieving Abundance For Financial Freedom” book hit the China top selling chart in 2017.

Charlie holds a marketing diploma from the UK Chartered Institute of Marketing, MBA from University of East Asia, Macau and post-graduate qualification from ADMA/Macquarie University of Australia.

Charlie was the Chairman of Raffles Financial Group that he co-founded in 2018 and was listed on the Canadian Securities Exchange in May 2020. In 2021, he co-founded Raffles E-Money International (REMI) that provides merchants & members with offshore bank accounts, global debit cards, crypto-payment wallets, loyalty points and tokenized trade financing.

Dr Charlie In is the chairman of Raffles Capital.