HOMEVEST lists on 1X, Singapore’s first regulated private securities exchange

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From Left are Lew, Faizal, Lim, Low, Puar, Hong, (on the screen, top to bottom) Chia, Chen and Mohamed.

From Left are Lew, Faizal, Lim, Low, Puar, Hong, (on the screen, top to bottom) Chia, Chen and Mohamed.

Homevest Sdn Bhd (HOMEVEST) has successfully listed on the 1Exchange (1X) platform, Singapore’s first private securities exchange regulated by the Monetary Authority of Singapore (MAS).

This newly obtained status for HOMEVEST on 1X will further strengthen its positioning in property development and project acquisition. Based in the global financial hub of Singapore, 1X is the first regulated private securities exchange with a recognised market operator licence granted by the Monetary Authority of Singapore. 

1X is part of CapBridge Financial, backed by Singapore Exchange (SGX), SGInnovate, Hong Kong Cyberport and South Korea-based Hanwha Investment, among other strategic/institutional shareholders. It allows HOMEVEST to diversify its investor base by expanding to a broader community globally and digitally.  

The direct listing on 1X, marked by a virtual gong-striking ceremony on Jan 12, was attended by HOMEVEST group managing director Datuk KY Lim, executive director and chief executive officer Datuk Marcus Low, independent non-executive directors Puar Chin Jong and Hong Boon Toh, corporate lawyer Lew Choon Meng and corporate advisor Datuk Wira Muhammad Faizal Zainol, and 1X chief executive officer Victor Chia, CapBridge chief executive officer and CapBridge Financial Group founder Johnson Chen, SGX senior vice president and equity capital markets global head Mohamed Nasser.

The company consists of three divisions, including HOMEVEST Capital, HOMEVEST Living and HOMEVEST Development. HOMEVEST is in the business of property investment, management, acquisition and development. 

Formerly known as KYY Empire and founded in 2016, the company has made a significant impact on the Malaysian property market with out-of-the-box property solutions. Within a five-year period, HOMEVEST has won numerous recognitions and awards throughout the region. 

HOMEVEST is currently managing a wide range of properties portfolio of RM328mil covering Klang Valley and Johor Bahru. The company had also obtained its ISO status being a certified company holding the ISO9001 Quality Management System and ISO14001 Environment Management System certifications.

Moving forward, HOMEVEST aims to develop sustainable Smart City ecosystems with its preferred technology partner Huawei Malaysia to implement and inaugurate edge cutting innovative technologies solutions in the smart city development. 

Giving the thumbs up to the recent MoU signing are (from left) Huawei Malaysia cloud and AI business partner manager Chaang Yunhua and cloud and AI business vice-president Lim Chee Siong with Lim and Low.

Giving the thumbs up to the recent MoU signing are (from left) Huawei Malaysia cloud and AI business partner manager Chaang Yunhua and cloud and AI business vice-president Lim Chee Siong with Lim and Low.

Lim said the event marks a historical milestone for HOMEVEST. “It brings us one step closer to achieving our vision of creating a world shaped by sustainable and smart-living communities with close-knit relationships. Over the years, HOMEVEST has seen rapid growth in its properties portfolio, investors and client base. We are looking forward to unlocking more value for our shareholders, partners and homeowners,” he said.

“It is our privilege for HOMEVEST to be listed in 1Exchange, the first MAS-regulated private securities exchange in Singapore and a member of leading integrated private market ecosystem, CapBridge Financial. We decided to be listed in Singapore because it is one of the world's top financial hubs and is an attractive market due to its competitiveness and reputation in the business environment, human capital, infrastructure and financial sector,” Lim added.

Lim pointed out that in 2020, the Covid-19 pandemic disrupted almost everything globally. “We took this time to redefine our brand and realign our priority to focus on environmental, social and governance (ESG) goals for the post-pandemic world. We believe in the importance of sustainable practices and we are committed to addressing sustainability in our business,” he said.

HOMEVEST has realigned its priority to focus on ESG goals, said Lim.

HOMEVEST has realigned its priority to focus on ESG goals, said Lim.

“There is still a huge potential in the Malaysian property market, with our average house prices one of the lowest when compared to houses in China, Australia, Singapore and other Southeast Asia countries. While we continue to offer home affordability solutions to our customers, we are committed to reinvesting our profits for sustainable growth and to generate returns for our shareholders,” Low said.

1X’s Chia was delighted that HOMEVEST selected 1X as their listing venue. As Malaysia’s business in property investment, management and development, HOMEVEST unlocks value for their partners to make home ownership more affordable and accessible, he said.

“1Exchange is proud to be a partner to HOMEVEST and we look forward to its continued growth,” he added.

HOMEVEST signature programmes

One of HOMEVEST signature programmes is the Home Ownership Programme for Employees which enables corporations and small and medium enterprises to empower their employees to own a home. 

This programme is officially supported by the Ministry of Housing and Local Government and endorsed by the Malaysia Book of Records as the First Property Company to Provide Homeownership Programme for Employees in Malaysia.

Giving the thumbs up for the feat are (from left) Faizal, Lim, Malaysia Book of Records senior record consultant Edwin Yeoh and Low.

Giving the thumbs up for the feat are (from left) Faizal, Lim, Malaysia Book of Records senior record consultant Edwin Yeoh and Low.

The innovative programme focuses on assisting employees to achieve their dream of owning a house with value-added benefits for employers to retain their top-performing employees. In addition, this programme is aligned with the United Nations Sustainable Development Goal no 8, which is to promote sustained, inclusive, and sustainable economic growth, full and productive employment and decent work for all. 

HOMEVEST Living has proven its clout as an innovative property solutions provider by continuously developing original and unprecedented solutions for property management. 

Its 3-in-1 deal consists of Zero Deposit, Free Mover Service and Free Utilities. Flexi-Rent2own Programme provides hassle-free solutions for its customers. With this deal, HOMEVEST Living was able to rapidly attract new customers and achieve a 95% occupancy rate in 2021. 

Backed by its strong and experienced management team, experienced board of directors, and with the support of its trusted board of advisors and customers, HOMEVEST has won many accolades over the years. It has earned an excellent reputation for its high standards in entrepreneurship, innovation and social responsibility and HOMEVEST seeks to achieve its vision of creating a world shaped by sustainable and smart-living communities with close-knit relationships.


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