Aldrich acquires 20% stake in Octowill Trustees

From left: Aldrich Resources executive director James Chan, Octowill Trustees managing director Jack Leong and Octowill chief executive officer Datuk Sharif Mohamed.

KUALA LUMPUR: Aldrich Resources Bhd’s wholly owned subsidiary, Aldrich Capital Sdn Bhd had undertaken a 20% stake in Octowill Trustees Bhd.

The technology and business solutions provider said this strategic collaboration aimed to strengthen Octowill's shareholding structure and infuse confidence among stakeholders.

"In the realm of finance and estate management, trust is paramount. Octowill’s commitment goes beyond delivering on promises, ensuring that our clients' best interests are diligently served,” Octowill managing director Jack Leong said in a statement.

“Our newly introduced comprehensive trust solution symbolises this unwavering commitment and testifies to our team's collective dedication, efforts, and expertise."

Aldrich executive director James Chan said the strategic stake in Octowill not only amplified its investment portfolio but also extends its reach into the ever-evolving financial services landscape.

“We believe in Octowill's mission and the exceptional value it offers to its clients. With the experience of Octowill’s professional team, this strategic collaboration is a testament to our confidence in Octowill's innovative solutions and its future growth trajectory,” he added.

This landmark announcement underscores Aldrich's strategic vision and commitment to drive growth and value for its shareholders, reinforcing its belief in Octowill's future potential as a leading provider of trust and wealth management services.

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Aldrich , Aldrich Capital , Octowill


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