ASEAN BUSINESS

Singapore timber trading scion sets sights on financing business in Indochina

Second-generation leader David Yong aims to transform Evergreen Assets Management into a broad-based enterprise with financing in Indochina and Singapore as core business

Singapore

SINGAPORE'S Evergreen Assets Management is looking to sink its roots in Indochina, with plans to raise S$100 million to expand its financing business in this part of the fast-growing region.

This comes after the company secured a financial institute (FI) licence in March