Business News

Ascentium Expands Southeast Asia Footprint with Strategic Acquisition of ZICO Corporate Services

Aug 21, 2025

Singapore, August 21: Ascentium, a leading global business services platform headquartered in Singapore, today announced the successful acquisition of ZICO Holdings' ("ZICO"), a corporate services business operating across key ASEAN markets, specifically Singapore, Malaysia, and the Philippines. The acquisition also includes corporate services and trust & trustee services in Labuan. This strategic investment strengthens Ascentium's presence across Southeast Asia and marks its entry into the Labuan market. With over three decades of success, ZICO contributes its legacy of operational excellence, deep regional experience, and a distinguished portfolio of premium clients. ZICO's corporate services will be seamlessly integrated into Ascentium's operations in Singapore, Malaysia, and the Philippines, reinforcing the firm's proficiency in corporate secretarial services, trust administration, and regulatory compliance.