30 September 2009

Devonshire Capital establishes a new office in Shanghai

Raymond Wong heads up Devonshire Advisory’s new operations into the heartland of China to facilitate new cross-border investment and onshore joint-venture transactions, aligning the goals of those that seek and provide investment and the joint-venture opportunities within China.

Raymond Hong was formerly an Associate Director at CIMB Investment Bank in Malaysia and a chartered certified accountant with Grant Thornton, he has over 13 years experience in accounting, corporate finance and direct investments. He has completed a number of successful IPOs, M&A transactions, equity offerings and corporate restructurings.  Notable deals include RM740 million IPO of Sin Chew Media (now known as Media Chinese International), RM330 million buyout of Worldwide Holdings and group wide restructuring of Berjaya Corporation, one of Malaysia’s largest conglomerate with a market capitalisation of RM3.9 billion.

For further details please contact:

Raymond Hong
Head of China operations
Devonshire Advisory Sdn Bhd
Suite 335, OG Plaza, Building C, No. 327
Tian Yao Qiao Road, Xuhui District
Shanghai, China 200030
中国上海市徐汇区天钥桥路 327号 C楼 335室 200030

Tel: +86 (21) 2419 3115
Fax: +86 (21) 2419 3116

Mobile (China): +86 13761281004
Mobile (Malaysia): +60 122191608
Email: rayhong@devonshirecapital.com

Devonshire Capital is Asia's pre-eminent independent merchant banking organisation. Devonshire Capital operates with a diverse group of experienced professionals from strategic office locations in China, India, Korea and South East Asia.