Amicorp FS (UK) signs share and purchase agreements
02 January 2025 UK
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Amicorp FS (UK) has signed share and purchase agreements for the acquisition of three entities from the Financial Markets and Management Services divisions of the Amicorp Group.
The first transaction sees the transfer of Amicorp Financial Services Philippines and Cyprus-based Amicapital Services. This acquisition is worth US$2 million.
The second transaction will transfer Amicorp Trustee (India), worth US$2.5 million.
Kin Lai, CEO of Amicorp FS (UK), says: “The acquisition adds strength and depth to our existing services, enabling us to further consolidate our administration solutions to support family offices, asset managers and institutional investors.
“This acquisition has been carefully reviewed and approved in accordance with applicable regulatory and governance requirements. Moreover, necessary steps have been taken to ensure fairness, transparency and that the acquisition is in the best interests of the company and its shareholders.”
The first transaction sees the transfer of Amicorp Financial Services Philippines and Cyprus-based Amicapital Services. This acquisition is worth US$2 million.
The second transaction will transfer Amicorp Trustee (India), worth US$2.5 million.
Kin Lai, CEO of Amicorp FS (UK), says: “The acquisition adds strength and depth to our existing services, enabling us to further consolidate our administration solutions to support family offices, asset managers and institutional investors.
“This acquisition has been carefully reviewed and approved in accordance with applicable regulatory and governance requirements. Moreover, necessary steps have been taken to ensure fairness, transparency and that the acquisition is in the best interests of the company and its shareholders.”
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