The latest M&A deals in wealth management across Asia-Pacific.

Alpadis, KPMG

Alpadis Group, which provides corporate and fiduciary services, has bought the Labuan Trust Company business from KPMG in Malaysia for an undisclosed sum. The transfer of the business will be completed in February.

“This acquisition and transfer…will add to Alpadis Group’s steady growth over the past few years in Hong Kong and Singapore, further adding expertise and capacity for us to be able to provide the best, most professional service for our clients,” Alpadis Group CEO Alain Esseiva, said.

Alpadis Group have been present in Labuan since 2011.