Jersey: Vistra Acquires Stephen McLaren Consultants Pte Ltd In Singapore
Last Updated: 6 January 2014

SINGAPORE, 31 December 2013 – Vistra, the fast growing global independent corporate, trust and fiduciary group, announced today the acquisition of Stephen McLaren Consultants Pte Limited ("SMC"). This is part of Vistra's overall growth strategy in Asia to broaden its specialist capabilities to meet clients' demand.

SMC was founded by Stephen Leong, BBM, in 1985 to provide corporate secretarial, accounting and taxation services in respect of predominantly Singapore companies. The acquisition of SMC increases Vistra's scale and capacity in Singapore, as well as its overall capability to support existing and new clients with more comprehensive services.

Martin Crawford, CEO of Vistra Group, said: "We are delighted to welcome SMC team into the Vistra Group. SMC delivers on all of our acquisition criteria. Stephen has built an exceptional reputation for the SMC business and I am pleased he has agreed to remain with our Group as a Senior Adviser for at least the next 3 years. His extensive experience in both Singapore and the broader Asian region will be of great value as we continue to strength the scope and quality of our products and services together."

Jean-Pierre Koolmees, Managing Director of Vistra Singapore, added: "We are very excited to bring the capabilities of two great companies together. The combination of skills and expertise enable us to further extend our existing service offering and provide greater value to clients on both sides in the region."

"Becoming part of one of the world's largest corporate, trust and fiduciary services group will bring benefit to our clients and team, who will be able to leverage on the strengths of Vistra's knowledge in cross-border structuring, wealth-protection, fund administration through its international network." said Stephen Leong, Managing Director of SMC.

SMC will be rebranded Vistra and be integrated with the rest of Vistra's operations in Singapore.

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