Company Profile
Investment is a balancing act between risk and prospective reward. Sometimes it’s time to ride the wave of optimism and sometimes it pays to be a bit cautious.
More often than not, companies have simply too much money chasing them beyond what we consider a reasonable price.
We like it when there’s temporal bad news as that is an opportunity for us to invest into quality companies at a “sale” price.
Being located in Asia at the centre of the major growth regions of the world gives us a unique angle for both the opportunities and the problems facing companies in each market.
Our investment teams are local on the ground participants in the capital markets; this advantage gives us insight into hyper-local investment situations. At the same time, we also compare notes across the region to share ideas and learn from each other.
We meet most of the companies we invest in face-to-face as that gives us a better picture of how they see trends in their sectors.
We seek constant improvements whereby weekly meetings are conducted to discuss investment proposals where internal debates and discussions occur.
Our founder Jeffrey Lee started the business in 1995 and remains at the helm ensuring continuity and stability in unpredictable times.
We believe Asia has remarkable and unique growth opportunities that benefit from local knowledge and we have been fortunate that Asia continues to be a market that rewards the prudent investor.
We look forward to bringing the tremendous potential of companies in Asia to our investors all around the world.
Disclaimer & Privacy
By accessing and using this website (the “Website”) and any web page hereof, you agree to be bound by the terms and conditions below. Reference to these general terms of use should be made each time you access and use the Website.
This Website, its services and contents are provided for your use by PhillipCapital, which is a group of companies who together offer a full range of financial services to retail, corporate and institutional customers. Member companies in Singapore include Phillip Securities Pte Ltd, Phillip Securities Research Pte Ltd, Phillip Financial Pte Ltd, Phillip Nova Pte Ltd, Phillip Capital Management (S) Ltd, Phillip Private Equity Pte Ltd, Phillip Japan Fund Management Pte Ltd, CyberQuote Pte Ltd, IFS Capital Limited and ECICS Limited. Member companies can otherwise be identified by their authorised use of PhillipCapital brand name along with their own name in their documentation and literature.
Use of Information and Materials
The contents of this website are provided to you for general information only and should not be used as a recommendation or basis for making any specific investment, business or commercial decision. These pages should not be construed as a recommendation, an offer or solicitation for the subscription, purchase or sale of the securities, and specifically funds or any investment products, mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdiction. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.
Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance figures as well as any projection or forecast used in these web pages, are not necessarily indicative of future or likely performance of any investment products/service. The value of any investments and the income from them may fall as well as rise.
The information contained in these pages is not intended to provide professional advice and should not be relied upon in that regard. It also does not have any regard to your specific investment objective, financial situation and any of your particular needs. You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement.
You are advised to read the applicable Terms and Conditions governing each account and the relevant Risk Disclosure Statement, if any, carefully before investing in any investment products.
The contents of this website, including these terms and conditions, are subject to change and may be modified, deleted or replaced from time to time and at any time at the sole and absolute discretion of PhillipCapital. Any opinions or views herein are made on a general basis and are subject to change without notice.
Member companies of PhillipCapital, their directors, officers, associates, agents, affiliates and/or employees may own or have positions in the investments mentioned herein.
Timeliness, accuracy and completeness of information
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PhillipCapital and/or its member companies reserve all copyright and intellectual property rights to the services, content, information and data on the Website. The contents in the Website are protected by copyright and no part or parts hereof may be modified, reproduced, stored in a retrieval system, transmitted (in any form or by any means), copied, distributed, published, displayed, broadcasted, hyperlinked, used for creating derivative works or used in any other way for commercial or public purposes without the prior written consent of PhillipCapital and/or its member companies.
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While every care has been taken in preparing the contents contained in the Website, such contents are provided to you “as is” and “as available” without warranty of any kind either express or implied. In particular, no warranty regarding non-infringement, security, accuracy, fitness for a particular purpose or freedom from computer virus is given in conjunction with such contents. Member companies of PhillipCapital, their directors, officers, associates, agents and affiliates make no representations, endorsements or warranties of any kind about the services, content, information and/or data contained in the Website.
Separate Contracts
The provision of any service or products provided by PhillipCapital and/or its member companies through the Website shall be expressly subject to the particular terms and conditions as contained in the contract for the supply of such service or product. Any warranties or representations made in relation to the provision of such service or product are as made in the contract only and PhillipCapital and/or its member companies make no separate warranty or representation through the Website or through these general terms of use.
Exclusion of Liability and Indemnity
In no event shall PhillipCapital and/or its member companies be liable to you for any loss, damage, costs, charges and/or expenses of whatsoever nature and howsoever arising including legal fees on a full indemnity basis, cost of funding and loss or cost incurred by you as a result of or in connection with:
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- breach or violation of any third party rights, including but not limited to the violation of any proprietary or intellectual property rights or the enforcement of any of these general terms of use.
Governing Law
These general terms of use shall be governed by and construed in accordance with the laws of the Republic of Singapore and all parties hereby agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore. Products and services referred to in this website are offered only in jurisdictions where and when they may be lawfully offered by PhillipCapital and/or its member companies. The contents in the Website are not intended for use by persons located in or resident in jurisdictions that restrict the distribution of such materials by us. Persons accessing these pages are required to inform themselves about and observe any relevant restrictions. The terms and conditions governing the use of the Website of each member company of PhillipCapital may differ and you should consult and carefully read the applicable terms and conditions before using the website.
Corporate History
Phillip Capital Management (S) Ltd, (PCM) is proudly serving its clients with dedication and commitment for more than 20 years.
Board of Directors

Mr Lim Hua Min is the founder of Phillip Securities and Chairman of Phillip Securities Pte Ltd and Phillip Capital Management. He is one of the pioneers of Singapore financial industry. His vast experience and knowledge of the financial market is the stable foundation Phillip Capital Management is built on..
He has held senior positions in the Stock Exchange of Singapore and Securities Research Institute. He has chaired and served as a member for a number of the Singapore Stock Exchange (SES) committees..
Mr Lim holds a Bachelor of Science Degree (Honours) in Chemical Engineering from the University of Surrey and obtained a Master’s Degree in Operations Research and Management Studies from Imperial College, London University.

Linus focuses on product development as well as investment strategy. Prior to PhillipCapital, he was at the Investments business of Citibank Asia Pacific. He has been with PhillipCapital since 2001 where he has been involved in equity research and corporate finance both in Singapore and the UK. Linus is a graduate from the London School of Economics and holds an MBA from the Anderson school of Management at UCLA.

Jeffrey has been with Phillip Capital Management since the company’s inception. His fund management experience spans several investment cycles and his track record includes a number of highly rated unit trusts in the Asia Pacific and Global Funds category.
Jeffrey was a Director of Investment at AIB Govett (Asia) Ltd and held senior investment manager positions at DBS Bank and Mitsubishi Corporation Group. He is a Chartered Financial Analyst (CFA) since 1990, he obtained his Bachelor’s (Honours) degree in Chemical Engineering.

Lim Wah Sai joined the Phillip Securities Group in 1988 and was seconded to work in Hong Kong since 1993. He is presently the Managing Director and Responsible Officer of the Phillip Securities Group of companies in HK, including Phillip Securities (HK) Ltd, Phillip Commodities (HK) Ltd and Phillip Capital Management (HK) Ltd. He is a member of Derivatives Market Consultative Panel of HKEx and has over 30 years experience in the securities, derivatives and banking industries. He holds a MSc Degree in Management Science from Imperial College, University of London in 1982 and a BSc Degree (1st Class Hon) in Control Instrumentation and System Engineering from the City University, London in 1981.

Louis Wong, is an experienced fund manager with over 25 years in the financial market. He is currently the Dealing Director of Phillip Securities (HK) Limited, and Director of Phillip Capital Management (HK) Limited.
He is also a part-time investment course instructor for City University of Hong Kong, Polytechnic University of Hong Kong and Lingnan University. Louis fronts financial programs for Hong Kong Cable Television, HK Metro Radio, and the Putonghua Channel of Radio Television Hong Kong, which awarded him as the best financial analyst for 3 years. Author of 2 popular investment books, he was the financial columnist for Hong Kong Economic Times from 1989 to 2005.
Senior Management

Linus focuses on product development as well as investment strategy. Prior to PhillipCapital, he was at the Investments business of Citibank Asia Pacific. He has been with PhillipCapital since 2001 where he has been involved in equity research and corporate finance both in Singapore and the UK. Linus is a graduate from the London School of Economics and holds an MBA from the Anderson school of Management at UCLA.

Jeffrey has been with Phillip Capital Management since the company’s inception. His fund management experience spans several investment cycles and his track record includes a number of highly rated unit trusts in the Asia Pacific and Global Funds category.
Jeffrey was a Director of Investment at AIB Govett (Asia) Ltd and held senior investment manager positions at DBS Bank and Mitsubishi Corporation Group. He is a Chartered Financial Analyst (CFA) since 1990, he obtained his Bachelor’s (Honours) degree in Chemical Engineering.

Lai Hock is a key member of the senior management team and oversees the operations of the firm. He was Chairman of the Securities Association of Singapore for the 2018/19 office tenure. He has 29 years of experience in the financial industry, including in a fintech startup, and held various responsibilities covering retail brokerage business development, channel management, brokerage credit risk, securities financing, technology-related projects, finance and brokerage operations.

Teck Leng has been a senior fund manager and a key member of the investment team covering global markets, including both active funds and ETFs. Prior to joining the investment team in December 2008, he worked in the aerospace and defence fields with a Singapore-based engineering conglomerate, and also had project management experience in a regional construction and infrastructure engineering consultancy firm.
Teck Leng obtained his Bachelor of Mechanical Engineering degree with First Class Honours from Imperial College London in 1999. He is a CFA (Chartered Financial Analyst) charter holder..
