ZACD makes foray into financial services with senior hires

Singapore

AHEAD of a planned initial public offering (IPO) this year, ZACD Group has consolidated its fund management, property investments and agency business and is now venturing into the new area of financial services, enabled by a slew of senior hires from the finance sector.

The group is better known for its investments in development projects here and is seen in joint bidding for land with developers like Qingjian Realty. Last year's restructuring has also placed the property agency business of SLP International directly under its wings.