Morgan Stanley has unveiled its new headquarters for Southeast Asia in Singapore’s upscale downtown business sector.
Low taxation, political stability, and Singapore’s position as a gateway to Southeast Asian markets have all attracted an increasing number of international investors and financial institutions to the city-state.
Go deeper with GlobalData
The bank stated that its new offices will occupy 9,941 square meters (107,000 square feet) and be distributed over five stories, as reported by Reuters.
Morgan Stanley has had a significant presence in Singapore since 1990, with the financial center housing its headquarters for Southeast Asia.
Additionally, it maintains offices in Manila, Bangkok, and Jakarta.
Moreover, investment funds from Morgan Stanley Capital Partners, MSCP, has acquired FoodScience, a vertically integrated provider of supplements.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSharon Rossi will continue as FoodScience’s chief executive as it moves from Wind Point Partners.
Headquartered in Williston, Vermont, FoodScience drives a science-first approach to formulate, manufacture, market, and distribute nutritional supplements for pets and humans.
James Stewart, managing director and co-head of consumer investing at MSCP, said: “We were drawn to FoodScience’s more than 50-year history, stellar reputation and mission to help people and pets live healthier lives. Under Sharon’s leadership, they have built a leading platform dedicated to delivering safe, effective, and innovative brands while serving as the partner of choice to FoodScience’s contract manufacturing customers. We look forward to working together as we collectively seek to build on and expand the exceptional product portfolio through continued organic growth and M&A.”
“MSCP’s investment serves as a further testament to FoodScience’s legacy and mission-driven culture,” added Rossi. “We are excited to partner with the MSCP team and look forward to leveraging their network and expertise in the pet and animal health sector to accelerate our growth both organically and through strategic acquisitions.”
