Value Partners Group, Aldiracita Sekuritas and STAR Asset Management Announce Strategic Partnership to Foster Cross-Border Collaboration and Growth of Asia’s Asset & Wealth Management Industry

HONG KONG SAR – Media OutReach – 27 July 2023 – Value Partners Group (together with its subsidiaries, “Value Partners”, Hong Kong Stock Code: 806.HK) and Aldiracita Group (Aldiracita Sekuritas together with its subsidiaries, “STAR Asset Management”), a prominent capital markets player in Indonesia, are pleased to announce the formation of a strategic partnership to foster stronger cross-border collaboration to capitalize on and address the fast-growing wealth and asset management needs in Asia. The share purchase agreements were signed on 26 July 2023, and an exchange file ceremony was held during a business luncheon attended by Hong Kong Chief Executive John Lee, who led a high-level Hong Kong delegation visit to ASEAN countries.

Dato’ Seri Cheah Cheng Hye, Co-chairman and Co-CIO of Value Partners (centre), together with Mrs Reita Farianti, President Director, Star Asset Management (left), and Mr Rudy Utomo, President Director, Aldiracita Sekuritas (right)

Value Partners Group and Aldiracita Group are committed to complying with all applicable laws and regulations by Otoritas Jasa Keuangan “OJK” and the Monetary Authority of Singapore “MAS”

Hashtag: #ValuePartnersGroup

The issuer is solely responsible for the content of this announcement.

About Value Partners Group Limited

Value Partners, one of Asia’s leading independent asset management firms, seeks to offer world-class investment services and products. Since its establishment in 1993, the Company has been a dedicated specialist value investor in Greater China and Asia. In November 2007, Value Partners Group became the first asset management firm to be listed on the Main Board of the Hong Kong Stock Exchange (Stock code: 806 HK). In addition to its Hong Kong headquarters, the firm operates in Shanghai, Shenzhen, Kuala Lumpur, Singapore and London. Value Partners’ investment strategies cover equities, fixed income, multi-asset, alternatives, real estate and quantitative investment solutions for institutional and individual clients in Asia-Pacific, Europe and the United States. Value Partners is one of the leaders in ESG investing in Greater China and is committed to developing its ESG capabilities further. For more information, please visit .

About PT Aldiracita Sekuritas Indonesia, and its subsidiary PT Surya Timur Alam Raya Asset Management

Aldiracita is one of Southeast Asia’s most consistent and fastest-growing capital market players, established in 1990. Aldiracita is a securities company and a member of the Indonesia Stock Exchange (IDX), providing a wide range of financial services, including equity and debt capital market, merger & acquisition advisory, investment management and mutual funds. In 2018, Aldiracita was awarded as TOP Securities House by Investor Daily and successfully rose and ranked number three on the Bloomberg Debt Capital Markets (DCM) League Table with a 12% market share of total issuance in 2022.

STAR Asset Management, a wholly owned subsidiary of Aldiracita, was awarded the “Fastest Growing Asset Management Company Indonesia 2022” in the Global Banking and Finance Review Awards. With a commitment to innovation, reliability, trust, and long-term value investing, STAR Asset Management is dedicated to supporting its diverse clientele of institutional investors, corporations, financial intermediaries, and individual investors to achieve their financial objectives.

For more information, please visit and