Charismatic Capital Founder Bets on Listed Shares Financing

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SINGAPORE
Media OutReach – 30
July 2020 – Despite buoyant stock markets around the world, the COVID-19 crisis
has spelled doom for many mid-cap firms that are unable to raise cash. Into
this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm
focused on listed companies valued at under $1 billion. Charismatic has been
able to secure impressive ROI injecting funds into cash-strapped firms across
Asia.

 

Lam is Founder and Chief Investment Officer of
Charismatic Capital, the investment manager to Charismatic Debt Equity Fund, a direct
lender to shareholders
of listed companies secured against their listed
shares. The banking veteran boasts over two decades of a banking career with Citibank,
Credit Industrial et Commercial, EFG and UBS. She climbed the corporate ladder
to advise high net-worth clients on investments and credit, managing over USD1bn
worth of assets.

 

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Quality stocks selection

 

Lam started Charismatic Capital in 2015 when she
noticed that listed companies with market capitalization below USD1b were
underserved by banks. Banks had lost their lending appetite after the 2008
global financial crisis and to date, mainly focused on large and established
corporations.

 

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Concurrently, the ultra-low interest rate environment
post-2008 made it difficult for investors to find attractive high yield-generating
assets. With the Covid-19 pandemic, banks have become even more selective of
borrowers.

 

Charismatic Capital thus provides stock loans to
shareholders who pledge their shares as collateral. In return, its investors
are compensated with attractive double-digit yields. Empowered by financial technology,
it created a user-friendly online portal to streamline and accelerate the
processing, allowing loan cases to be swiftly assessed and closely tracked.
Investors can also access to its investments and their performance via the
portal.

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Tapping on her networks and expertise, Lam established
a diversified portfolio of stock loans with over collateralization of stocks. She
credits her years in banking for giving her a sharp eye in selecting quality stocks
and doing in-depth credit assessment, resulting in two stellar years with a double-digit
net return as expected, and zero rate of default by borrowers.

 

The future of Asian finance

 

In countries like Thailand, Indonesia, and Singapore, Lam
foresees higher growth ahead over the next decade. Lam credits this positive
outlook on the countries’ high domestic savings rates, good infrastructure, and
stable political situations.

 

“Even with Hong Kong’s unstable political outlook, many
US-listed companies with Chinese ownership have returned to dual list in Hong
Kong, suggesting Hong Kong will continue to remain a leading financial hub,”
She notes. This increase in variety of stocks to lend against bodes well for
Charismatic Capital, as Hong Kong is their biggest market at 50%.

 

To aspiring women in the banking industry, the mother
of four graduate children and the avid ballet dancer says, “The sky is the
limit. Go all out to establish a successful banking career without compromising
on building a family concurrently,” emphasizing the importance of being
financially independent.

Charismatic Capital Founder Bets on Listed Shares Financing

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Latest News

ECOVACS ROBOTICS Introduces 9-in-1 DEEBOT T9 In Indonesia – Our Best DEEBOT Just Got Better!

“The Best Just Got Better" with the first robotic vacuum cleaners in the market to combine upgraded vacuuming and mopping capabilities in one go

 

JAKARTA, INDONESIA - Media OutReach - 13 April 2021 - ECOVACS ROBOTICS, the world's leading home service robotics maker, today launched the DEEBOT T9, the first models with intelligent 9-in-1 obstacle avoidance robotic vacuum cleaner that combines powerful vacuuming and mopping functions with a built-in mobile air freshener. The upgraded DEEBOT T9 with these cutting-edge features is more powerful and smarter than ever before.


Charismatic Capital Founder Bets on Listed Shares Financing - Brand Spur


Charismatic Capital Founder Bets on Listed Shares Financing - Brand Spur


Charismatic Capital Founder Bets on Listed Shares Financing - Brand Spur


DEEBOT T9 raises the bar for home cleaning with 9 stunning features, including the ECOVACS' leading TrueDetect 3D 2.0, a real-time strategic obstacle detection and avoidance technology; TrueMapping 2.0 for precise navigation; ECOVACS HOME App upgraded with 3D Map, and OZMO™ Pro 2.0 Electric Oscillating Mopping System that ensures stubborn stains are removed more efficiently and quietly, compared to previous generation.

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"We keep a close eye on market demand and there was a clear indication that consumers want smart products that make homecare even simpler, doing as much and as thorough as they can, in one go. ECOVACS is committed to giving consumers the latest in smart and unique cleaning experience," said David Qian, Chief Executive Officer of ECOVACS ROBOTICS. "We've introduced our new-generation technologies, combined with multiple features while adding even more to our DEEBOT T9 to make sure every inch and floor surface is covered. Our Best DEEBOT Just Got Better."


Upgraded ECOVACS HOME App with Improved Obstacle Avoidance and Navigation Technology


TrueDetect 3D 2.0 technology comes with an upgraded algorithm to quickly detect different types of obstacles and strategically avoid them. The DEEBOT T9 can detect object sizes right down to mere millimeters, which is ten times more accurate than products using traditional infra-red technology, with a detection range of 70-350 millimeters. Moreover, DEEBOT T9 can navigate smoothly in different indoor environments and lighting conditions without any interruptions, even in total darkness. TrueDetect 3D 2.0 technology allows the robotic vacuum cleaner to avoid collisions, entanglements, or disruptions, so users do not have to monitor the robot and clean it continuously.

Combining TrueDetect 3D 2.0 and TrueMapping 2.0 with 3D Maps brings a whole new level of automated cleaning efficiency and flexibility for users. They can quickly locate the robotic vacuum cleaner's exact position via the 2D and 3D Maps. They can also manage their entire cleaning task on-the-fly, by toggling between the 2D and 3D Maps with the upgraded ECOVACS HOME App.

The new ECOVACS HOME App is designed for intuitive use, enhancing the user experience and reinforces the ECOVACS branding. The App is easy to navigate, offering users an optimal cleaning route. The interface integrates all the common features so that users can access critical functions easily. They can customize the amount of water used, suction power, cleaning times, and routes for different rooms.


A Luxurious Cleaning Experience with Built-in Air Freshener


The DEEBOT T9 is the first in the industry to clean floors and freshen the air at the same time. Connected to the DEEBOT's mobile system, the air freshener gives users a vacuuming and fragrance experience that goes beyond traditional cleaning.

The air freshener's unique design releases the fragrance onto the floor directly to remove musty and pet odors, while the fan at the bottom of the air freshener unit spreads the fragrance evenly.

The air freshener uses replaceable capsules, that can last up to 60 days, featuring three kinds of fragrances. Users can choose to switch the air freshener on or off using the ECOVACS HOME App, and extend its lifespan.


Powerful In-depth Cleaning Performance with OZMO Pro 2.0 and Auto-Empty Station Compatibility


The DEEBOT T9 comes with latest OZMO™ Pro 2.0 Electric Oscillating Mopping System with a newly designed motor and movement structure that minimizes noise.

The enhanced suction power of 3000 Pa also raises the bar in cleaning performance. The high-strength fiberglass structure keeps the suction power consistent when vacuuming both hard floors and carpets. The high-frequency vibration of up to 480 times per minute increases the mopping performance, making it comparable to an electric mop.

The DEEBOT T9 uses a disposable mopping pad that can be safely discarded immediately after cleaning. The specially-designed microfibers absorb water evenly, efficiently capture dust, and reduce residual water stains. The composite structure increases friction between the mopping pad and the floor and helps the OZMO™ Pro 2.0 Electric Oscillating Mopping System effectively remove stubborn stains on the floor.

A power-up kit is available for the DEEBOT T9 that further enhances the cleaning performance and user experience. The Auto-Empty Station, which clears the robot's dustbin automatically after cleaning with minimal human intervention, is also compatible with DEEBOT T9.


Pricing and Availability


DEEBOT T9's suggested retail price is IDR 8.29 Million. It will be officially available at Shopee with special price of IDR 8.09 Million and comes with a IDR 200K discounted voucher and a free giftpack on April 17 to 18 ECOVACS X Shopee Brand Day.


It is also available at Lazada, Tokopedia, and Blibli from April 19 onwards with an IDR 200K discounted voucher and free giftpack as launch promotion until April 22.

For more information, please visit ecovacs.com or connect with us on Charismatic Capital Founder Bets on Listed Shares Financing - Brand SpurFacebook and Charismatic Capital Founder Bets on Listed Shares Financing - Brand SpurInstagram.


About ECOVACS ROBOTICS

Innovating Since Day One – Creating the Intelligent Home.


At ECOVACS ROBOTICS, we care about innovating solutions to enhance your lifestyle. Based on a deep understanding of use cases and consumer experiences, we design robots that help you "live smart, enjoy life."


With over 20 years of design and industry-leading research, we have led the market as homes become more intelligent and responsive. We are building a world where your home asks less of your attention, becomes more seamless and powerful, and frees you to spend more time doing what you love.


Charismatic Capital Founder Bets on Listed Shares Financing - Brand Spur
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