The Monetary Authority of Singapore has launched an investigation into DW Capital Holdings, a local family office involved in the "Prince Group"
2025-10-26 01:50:03
According to Lianhe Zaobao, the Monetary Authority of Singapore has launched an investigation into DW Capital Holdings, a local family office involved in the "Prince Group". It is reported that the institution was founded by the head of the "Prince Group" Chen Zhi in 2018. The asset management scale exceeds that of Singapore and claims to be in line with the 13X plan of the Monetary Authority of Singapore, so it enjoys tax exemption. The data shows that the number of single offices in Singapore that have received tax incentives from the Monetary Authority has increased from 1,400 at the end of 2023 to more than 2,000 at the end of 2024, an increase of 42.9%.
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