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Crosby Capital Limited, formerly Techpacific Capital Limited, together with its subsidiaries, is an independent merchant banking and asset management company, with offices in China, Singapore, Indonesia, the United Kingdom and representation in other parts of Asia. It acts as the holding company of the Group. It operates in three segments: merchant banking, asset management, direct investment and unallocated. Merchant banking is engaged in the provision of corporate finance and other advisory services and the changes in fair value of financial assets and liabilities through profit or loss arising from its merchant banking activities. Asset management is engaged in the provision of venture capital fund management, asset management and wealth management services. Direct investment is engaged in holding of investments in the oil and gas exploration prospects, available-for-sale investments, loans to investee and related companies and financial assets at fair value through profit or loss.
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