Eu Yan Sang

Eu Yan Sang is a leading consumer healthcare brand in Asia, specialising in Traditional Chinese Medicine. Founded in 1879, it is a trusted household name and has dominant market positions in Hong Kong, Singapore and Malaysia. The company was delisted on 7 October 2016.
"We chose to partner with Tower Capital Asia due to its belief in the long-term value of our brand and strong alignment with our values of integrity, empathy, and care for people."

"Tower Capital Asia is more than a private equity fund. Beyond capital investment, they have been very involved post-investment and are committed to institutionalising our founding vision, values, and principles."

Richard Eu
Chairman, Eu Yan Sang
Poh Tiong Choon

Poh Tiong Choon Logistics (PTCL) is Singapore’s oldest and largest home-grown integrated (3PL) logistics company. Founded in 1950, it enjoys a market leading position in Singapore in the transportation and bulk cargo space.

Tower Capital Asia partnered with the Poh family to privatise the company. PTCL was delisted on 4 January 2018.
"Tower Capital Asia has been an invaluable partner. Their well thought-out investment structure and deep market expertise and network enabled the launch of our General Offer within one month."

"They are highly supportive of management and a great help in the realisation of our value creation plans."

Poh Khim Hong
CEO, Poh Tiong Choon Logistics
I Can Read

I Can Read is the largest English language enrichment player in Singapore. It caters to pre-school and primary school children, serving more than 10,000 students across 24 centres. It also has strong regional presence across eight other countries in the Asia Pacific regions, with more than 11,000 students in over 100 centres.

In 2019, Tower Capital Asia backed management to acquire the company in an MBO.
"Tower Capital Asia is a cut above the rest. Their execution capabilities, excellent network, together with a well thought-out investment structure, enabled the completion of our management buy-out within a short time frame."

"The Management and Tower Capital Asia are aligned in implementing value creation strategies coupled with good corporate governance and we believe that this will result in sustainable business growth and improved valuation for our Company."

Chan Huang Yee
Executive Director, I Can Read