Chairman Statement

With many regional economies experiencing slower growth and political uncertainties, economic outcomes are now much harder to forecast and plan for. We see several financial sectors being affected due to new regulatory rules and policies being put in place in reaction to new products, new technology and new thinking in the financial markets.

We have continued our strong growth by equipping our team to stay ahead of these changes and challenges whilst constantly building our internal competencies and frameworks. Our strategic partnerships with local banks and businesses gives us access to relevant and innovative solutions. This allows us to develop innovative business and evaluation models to identify opportunities and growing markets within the markets, and also actively drive our companies and teams to improve the way we think and operate.

Bond Capital plays an active role in the operations of our investments and companies, constantly updating how we think, evaluate, plan and execute our business plans. We continue to adapt to new technology and market changes, and we are strongly encouraged by the new partnerships being built to bolster our network.

We believe the key to continuing our growth will be in the way we understand and predict future changes in the market and in technology. To this end we are constantly building new partnerships in Information Technology and Financial Technology, as well as investing in our technology teams. We are committed to ensuring the continued growth and long-term sustainability of all our investments and companies. We are cautiously optimistic about our medium and long-term future and will continue to build our business further with the help of our board, shareholders, partners, management, staff and partners.

Michael Lim

About our chairman

Michael Lim graduated with a Bachelor in Commerce from the Deakin University in Melbourne, Australia. He was an outstanding student, earning a spot on the Dean’s List throughout the course of his studies. An early interest in entrepreneurship piqued even before graduation and Michael founded his first company, Avantworks Pte Ltd, while successfully juggling his studies. Avantworks specialized in digital advertising and nurtured the campaigns of big brands such as Motorola, Siemens, Kirin, SOL Beer, Erdinger and the Singapore Health Promotion Board.

Bearing a sharp business acumen, Michael moved on to new and diverse fields thereafter. Today, he manages and leads a number of consultancy firms providing solutions in investment, trading, energy, electronics and digital solutions. Michael plays an active Chairman and/or directorial role in his founded companies - Kaiousei Electronics Pte Ltd and Kaiousei Enterprise Pte Ltd, Orion Consultancy Pte Ltd which specializes in software and mobile app development, Prime Corporation Enterprise Pte Ltd which designs cost-efficient plants and EC (Proprietary Traders) Pte Ltd, a trading firm. One of Michael’s greatest career success was in growing EC (Proprietary Traders)’s investment turnover of up to USD25m under his leadership.

Bond Capital Partners Pte Ltd is Michael’s latest venture, where he serves as the Chairman of the investment holding company established in February 2018. The company manages a current USD30m portfolio of properties, exotic and vintage cars, trading, wine and international funds in Singapore, the Philippines, Myanmar and Europe.