BCorp enters partnership with merchant banker NWCA

KUALA LUMPUR: Berjaya Corp Bhd has entered into a partnership a London-based merchant banking and investment company to set up New World Capital Advisors Sdn Bhd (NWCA Malaysia).

The NWCA Malaysia team will be led 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.

Lena Tan is also the chairman of BCorp's subsidiaries, 7-Eleven Malaysia Holdings Bhd and Singer Malaysia.


"I am excited to lead and build the NWCA business in Malaysia and I am thrilled to advise New World Group’s portfolio companies across conventional markets as well as the Islamic economy in Malaysia," Lena Tan said in a statement today.

"The country’s economy harmonizes these two market segments where I believe tremendous opportunities can be unlocked through NWCA’s approach to business." she added.

NWCA is the advisory and merchant banking division of New World Group, which has over US$2.5bil of group asset under management and acts as a fiduciary to institutional and sovereign capital across the asset management, technology and venture capital verticals.

"NWCA’s partnership with BCorp is a testament to our reputation as the gateway into Malaysia," BCorp's executive chairman Tan Sri Vincent Tan said.


"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," he added.