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COL Lawrence Lim has served in the Singapore Armed Forces; had extensive experience in HR and managing large-scale complex operations

Singapore-based crowdfunding platform CoAssets today announced the appointment of Singapore’s Ex-Chief Artillery Officer, COL Lawrence Lim as their new COO.

COL Lim will be in charge of the company’s day-to-day operations, and his appointment will be effective in May 4, 2016.

“I have worked with Getty [Goh, CEO] before and what ultimately made me join CoAssets is the fact that as a company, they are breaking new grounds in the crowdfunding and financial technology space. What makes it interesting is that CoAssets is creating a new industry with focus not just on Singapore but also the region as well,” said COL Lim on his appointment in an official statement.

“Leveraging on my past work experiences, I see myself contributing effectively to CoAssets’ growth,” he added.

COL Lim has also served as Commander Personnel Command, as well as Head Joint Operations Planning and Head Control of Operations Group for the Singapore Armed Forces. With Masters degrees in several fields, including an MBA from the Massachusetts Institute of Technology, he has had extensive experience in HR matters and managing large-scale complex operations.

He was also the organising chairman for the Opening and Closing Ceremonies of the 28th Southeast Asian (SEA) Games that was held in Singapore in 2015.

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CoAssets also took the opportunity to announce their expansion plans.

Apart from providing crowdfunding platform for real estate projects, the Company has also extended into the SME sector by enabling Singaporean SMEs to connect with investors, bridging a funding gap that had existed in the business funding sector. It claimed to have done deals amounting to more than SG$44 million (US$31 million).

The company is also looking to expand to Australia via its wholly owned subsidiary. It has recently become a Corporate Authorized Representative of the Melbourne Securities Corporation Ltd.

Its entrance to the Australian market marks the start of the company’s regional expansion to five key markets: Singapore, China, Indonesia, Australia and Malaysia.

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