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Pre-IPO trusts gain traction among Chinese entrepreneurs

Bank of Singapore

Pre-IPO trusts are gaining traction among Chinese entrepreneurs, who are following in the footsteps of a number of influential domestic names, according to Bank of Singapore’s head of wealth planning, Woon Shiu Lee. Lee told Asian Private Banker the number of clients who have set up pre-IPO trusts with the Singaporean bank has grown by around 40% over the past two…

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