New Singapore activist hedge fund seeks to shake up companies

Bloomberg – Roland Thng is seeking to shake up Singapore’s staid corporate landscape, setting up a new hedge fund focused exclusively on influencing the way locally listed companies are run.

The 33-year-old has established EVA Capital SP with US$5 million (S$6.7 million), and initially plans to take stakes in small- and medium-sized construction and engineering companies in order to pressure them to improve performance.

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