Tricor Group Completes Acquisition of the Malaysian Operations of Axcelasia Inc., a SGX Listed Company

HONG KONG, April 17 (Bernama-BUSINESS WIRE) — Tricor Group (Tricor), Asia’s leading business expansion specialist and leading provider of professional services, has completed the sale and purchase agreement to acquire the Malaysia operations of Axcelasia Inc. (the “Transaction”), an integrated professional services firm delivering Governance, Risk & Compliance (GRC) solutions, corporate, business and tax services.

Axcelasia Inc., (“Axcelasia”) a SGX listed company, has a staff of 100+ professionals and a 1,000+ client portfolio consisting of public listed companies, private companies, government-linked entities and multinational corporations. The firm is led by seasoned industry executives, including Group CEO Mr. Ranjit Singh, Non-Executive Chairman Dr. Veerinderjeet Singh, and Deputy Executive Chairman Dato Peter Tang.

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