Private Wealth Management APAC Summit Organiser Marcus Evans

Private Wealth Management, APAC Summit Organiser: Marcus Evans Passion and High Returns: How a Labour of Love can Turn into a Profitable Investment Cheong Wing Kiat Wen Ken Group & Business Concept Pte Ltd 12 April 2017, Macau Emails: cwk@bc. com. sg Skype ID: wingkiat slides : www. bc. com. sg

Background § § Founded in 1937, Wen Ken is a multi-family business, a portfolio of extended family. CWK led Wen Ken from 1995 to 2011. Remains as Director & EXCO of Wen Ken. Started Business Concept in 1990 to invest in PE, property & advise business families. Genesis of my passion collections …

Passion collector or Investor? § Passion collection is different from passion investment. § Both are in the long game - invest in what you like. § Passion collection and passion investment are best not to emanate from or linked to extended family wealth.

Psychology of Wealth: What Motivates RAFT – Resources, Appreciation, Freedom & Time

Psychology of Wealth: RATE of Return on Investment Alignment of Objectives Time on Personal Involvement Emotion in the Investment

The Value of Art http: //www. sothebys. com/en/news-video/value-of-art. html

Artist Investment § Approached artist & calligrapher Ho Sou Ping in 2008 to write eight Chinese words for parenting book “How to Raise Happy, Healthy & Intelligent Kids”. § Art & Artist Investments: Art Investment is investing in art works by established artists; Artist Investment is investing in budding artists.

Deal Structure & Value Creation § Underwrote all the artist’s art works for 2 years from 2009. Art works not sold were valued at nominal prices. Profit-Share on art works that sold. § Invested in Art. Commune Gallery started by the artist, an ecosystem for the art community & platform to support other budding artists. § Divested the gallery business & received full cash payback in 2014 from sale of art works, plus hundreds of pieces of the artist’s art works. § Enjoyed the experiential journey of a budding artist.

Charity Art EY Asean Art Outreach EY launched the Asean Art Outreach program in 2007, providing gallery space within the office to showcase artistic talents in Southeast Asia. The aim is to promote these talents and to provide a platform for our clients, our people and the public to appreciate the vibrant art scene in the region, as well as to give back to the community. Proceeds from the sale of works will not only help the artists, a portion will be set aside to benefit charitable causes. http: //www. ey. com/sg/en/about-us/corporate-responsibility/ey-asean-art-outreach

Amber: Art & History in a Gem § An Art by Nature § The Natural Time Capsule Amber is fossilized tree resin, which has been appreciated for its colour and natural beauty since Neolithic times. Much valued from antiquity to the present as a gemstone, amber is made into a variety of decorative objects. Amber is used in jewellery. It has also been used as a healing agent in folk medicine. https: //en. wikipedia. org/wiki/Amber

Amber Mining in Myanmar

The Value ARCH of Amber § § Authenticity Rarity Condition Historical Importance

World's Record Breaking Amber Piece in Copenhagen House of Amber and Copenhagen Amber Museum has just been enlisted in Guinness World Records with the largest piece of amber in the world… The amber weighs 104. 72 pounds (47. 5 kg) and measures 57. 5 x 62 x 37 cm. The amber piece was found in the Dharmasraya region in West Sumatra in 2014 and is around 1525 million years old… http: //www. houseofamber. com/eng/events/index/view /largest-piece-of-amber-in-the-world-house-of-amber

图为重达 19. 2公斤、报价高达 2. 5亿元人民币 的血琥珀在第四届中 国云南昆明国际珠宝展亮相　刘冉阳　摄 (16 October 2014) http: //www. chinanews. com/sh/2014/10 -16/6687046. shtml Remarks: Blood Amber (19. 2 kg) for RMB 250 million

Deal Structure & Value Creation Rare Ambers Giant Amber 50. 4 kg Mite Potential Holotype Wasp Potential Holotype § Investment in Amber Collections in 2016. § Valuation based on costs of Amber stocks (exclude Rare Ambers), plus Profit-Share on sale of the 50. 4 kg Giant Amber. § Valuation up by few folds in 2017, after creating a business systems to collect data & to provide sale of services & products for UHNWI, HNWI & Affluent Individuals, as well as Profit-Share on sale of additional two rare inclusion ambers and a rare Painite gemstone.

Painite is a very rare borate mineral. It was first found in Myanmar by British mineralogist and gem dealer Arthur C. D. Pain in the 1950 s. https: //en. wikipedia. org/wiki/Painite Rare gems exhibited at the Tucson Gem, Mineral & Fossil Showcase in 2014. Prices of up to $60, 000 per carat were quoted. The largest cut Painite weighs 25. 92 carats (5. 18 g, 0. 18 oz) and is owned by Ophir Collection, LLC (USA) on 20 December 2013. http: //www. guinnessworldrecords. com/ world-records/largest-cut-painite

Critical Success Factors in Amber PE Deal People Ideas Knowledge Fun Work ü Luck Creating Value thru People & Ideas Structure Synergy Speed Social