NWCA Launches Malaysia Division in Partnership with BCorp

New World Capital Advisors Limited (“NWCA”), a leading London-headquartered merchant banking and investment company, has announced a significant partnership with Berjaya Corporation Berhad (“BCorp”) that will see the launch of New World Capital Advisors Sdn Bhd (“NWCA Malaysia”).

NWCA is the advisory and merchant banking division of New World Group (“NWG”), which has over USD2.5 billion of group assets under management and acts as a fiduciary to institutional and sovereign capital across the asset management, technology and venture capital verticals. NWG’s portfolio company, The Valesco Group completed the second-largest single asset acquisition ever in mainland Europe, Brussels Finance Tower. NWCA is also a recognised Export Champion by the UK Government’s Department for International Trade.

NWCA Malaysia will focus on providing advisory services including mergers and acquisitions, strategy and operations advice to diversified businesses, corporations, and institutional investors in Malaysia as well as neighbouring countries where it also has a presence.

The NWCA Malaysia team will be led by Lena Tan, a veteran deal maker and investor with over 30 years of experience in the financial services industry in Asia, Europe and the US. In her capacity as a Board Member of NWCA, Lena Tan will expand the group’s footprint in Malaysia and neighbouring countries. Most recently, Lena Tan was the Chairman of 7-Eleven Malaysia and Singer Malaysia. She is currently a Director at 7-Eleven Malaysia Holdings, Razer Fintech Holdings, Berjaya Fintech, Berjaya Retail and Berjaya Credit.

Adam Sadiq, CEO and Co-Founder of NWG said, “This is a great next step in the evolution of New World Group as we continue to build bridges between the UK and emerging powers and capitalise upon market dislocations and strategic investment opportunities. We are thrilled to partner with principals and industry pioneers, Tan Sri Vincent Tan and Lena Tan as we expand our brand into Asia. Lena brings extensive experience at the intersection of the corporate and investment worlds across both developed and emerging markets which is of critical value to the group’s vision. Moreover, Tan Sri’s counsel as a business builder and owner, amplifies NWG’s global reach and network”.

Lena Tan, Chairman and Managing Director of NWCA Malaysia commented, “I am excited to lead and build the NWCA business in Malaysia and I am thrilled to advise NWG’s portfolio companies across conventional markets as well as the Islamic economy in Malaysia. The country’s economy harmonizes these two market segments where I believe tremendous opportunities can be unlocked through NWCA’s approach to business”.

Tan Sri Vincent Tan, Founder and Executive Chairman of BCorp added, “I have gotten to know NWCA over the past 4 years and have enjoyed watching the firm grow from strength to strength. All of us here at BCorp are delighted to be partnering with a globally orientated and principal led business as the group expands into Asia. NWCA’s partnership with BCorp is a testament to our reputation as the gateway into Malaysia. NWCA’s financial expertise further compliments BCorp’s existing operations in a broad range of industries and we look forward to further collaboration with NWG’s portfolio companies”.

This partnership further reinforces NWG’s expansion plans across Asia and aligns with the wider strategy of the group of building and scaling its core businesses in asset management and disruptive technologies across both, emerging and developed markets.