"We will be interested in increasing our scope of elationships whether through organic, acquisitions or even lliances," Phillip Capital Executive Chairman Lim Hua Min old PTI here.
He, however, said the company doesn't have any enterprise alue in mind but funds will not be a limiting factor. n March 2012, the Singapore-based firm had entered into greement to acquire majority stake in bankrupt broker MF lobal's India unit in its bid to increase its footprint in outh Asia.
"Entering this market is part of our strategy to increase ur footprints in South and West Asia," Min said, adding the ompany entered Turkey recently as part of this plan. eferring to the increase in service offerings, Min said he company will be offering new services.
"Along with the existing offerings, we may enter fund anagement, mutual funds, private equity and insurance among thers. We will also look at all possibilities and over time, e will like to be very much part of this landscape," he said.
However, he added no specific timeframe has been fixed or entering these new business areas and the company wants to e a long-term player here. Phillip Capital, which manages around USD 19 billion assets globally, provides financial services like fund management, insurance planning, investment research and broking in bonds, securities, futures, foreign exchange, precious metals and commodities among others.
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