People wearing face masks pass the city skyline during the coronavirus disease outbreak, in Singapore, September 22, 2021. REUTERS/Edgar Su
ADDX, which was founded in 2017 and began full commercial operations in 2020, said in a statement on Monday that Oi-Yee Choo, formerly the Singapore investment banking head of UBS until 2019, will head the private securities platform, subject to regulatory approvals. ADDX is among a few Singapore-based platforms dealing in private market securities, offering global funds, real estate investment trusts, structured products and pre-IPO shares at fractional ownership to investors.