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In an interview with CNBC, self-made billionaire Mark Cuban, owner of the Dallas Mavericks and star of the hit ABC reality show “Shark Tank,” said that if he lost everything overnight, he could do it all again. Whilst he expressed doubts that he might be a billionaire again, he had no doubts that he would become a multimillionaire again.

Panel discussion

At the ACCA’s #SmartPractice Event on 19 May. From left to right: Joseph Alfred, Head of Policy at ACCA and moderator for the panel discussion (standing) ; Lau Kah Hee, Partner, Derrick Wong & Lim BC LLP (ACCA); Gajendran Vyapuri, Partner, EY Singapore; K G Tan, Managing Director, Precursor; Alan Chang, Managing Director, OA International; Shivaji Das, Partner and Head of Consulting (APAC), Frost & Sullivan; and Jocelyn Goh, Partner – Audit & Assurance, BDO and moderator for the panel discussion (standing)

 

 

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With the proliferation of alternative forms of finance such as online crowdfunding platforms, it is not inconceivable that crowdfunding via online platforms could become a major source of corporate finance. Concurrently, some have observed that traditional banks have been slow to respond to the digital innovations that are radically changing business models.

It was against this backdrop that we organised our inaugural professional debate on the topic of ‘Exploring the changing frontiers of corporate finance’ which happened on the morning of Wednesday 30 September 2015. 

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Moderator of the debate, Mr Cesar Bacani, Editor-in-Chief of CFO Innovation Asia (in the middle), with members of the Proposition and Opposition teams.

Comprising CFOs, senior finance professionals and industry experts, the proposition and opposition teams brought up strong and compelling points  for the motion – “In the midst of the digital revolution, Singapore’s largest banks today will relinquish their position as the dominant players in corporate finance in 2025.”

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