Press Release
Latest Press Releases:
Link Capital, Circonomy and Eco-Solutise Sign MoU to Develop Biochar Project in Laos
24 May 2024
Alliance of prominent organizations and institutes of higher learning to drive green economic growth across the ASEAN region
7 November 2023
>> Read more here
Liquid Gold Agarwood Found To Have Significantly Higher Agarotetrol
9 September 2022
Link Capital Pte Ltd And Temasek Polytechnic Signed A Memorandum Of Understanding For Research & Development In Agarwood And Product Innovation In Singapore
13 August 2021
Centre of Excellence For Agarwood Processing in Singapore
Link Capital awarded 20 Year concession by Lao PDR Government.
3 June 2021
24 May 2024
Link Capital, Circonomy and Eco-Solutise Sign MoU to Develop Biochar Project in Laos
Singapore, May 24, 2024 – Link Capital Pte Ltd, Circonomy Pte Ltd and Eco-Solutise Pte Ltd have
entered into a Memorandum of Understanding (MoU) to jointly develop an artisanal biochar project
in Laos. This project aims to valorise unused wood, produce soil amendments, and generate carbon
credits to support tree planting activities and local communities.
The primary objective of this collaboration is to leverage on the combined expertise of Link Capital,
Circonomy and Eco-Solutise to develop a long-term sustainable biochar project in the agarwood
industry.
This initiative will focus on the development of carbon credits that includes the exchange of
knowledge and expertise, implementation, certification, compliance documentation, educational
training, and monitoring of the biochar projects in Laos, certified under the Global Artisan C-Sink
framework from Carbon Standards International.
The biochar project will be developed using residues from Link Capital’s Agarwood plantation in Laos.
The biochar produced will be inoculated with nutrients to create soil amendments, generating carbon
credits to subsidize production and support local communities.
Link Capital will provide the biochar production site, feedstock with full implementation, and manage
the operations to ensure ground production processes, including the sourcing of feedstock and
biochar commercial distribution.
Circonomy is responsible for project registration and certification, knowledge sharing, training,
monitoring, and marketing the sale of carbon credits, including technical-economic assessments,
project registration-certification, and biochar production training.
Eco-Solutise will coordinate internal compliance among all the parties and stakeholders, ensuring the
smooth development and implementation, including project governance, risk management,
stakeholder engagement, and compliance with local and international regulations.
This MoU signifies a strong commitment to sustainable development and environmental stewardship
among the three parties, with the aim to foster long-term partnerships and create a positive impact
on local communities and our environment.
For more information, please contact:
Clarence Tang, PhD
Phone Number: +65 9028 9450
Email: clarence.tang@eco-solutise.com
About Link Capital Pte Ltd (www.linkcapitalsg.com)
Link Capital manages an Agarwood plantation in Laos and is committed to exploring circular solutions
for sustainable agriculture and carbon credit generation.
About Circonomy Pte Ltd (www.circonomy.co)
Circonomy specialises in biochar, project development, compliance with biochar standards, and digital
Monitoring Reporting and Verification (dMRV) systems.
About Eco-Solutise Pte Ltd (eco-solutise.com)
Eco-Solutise provides carbon management services and decarbonization solutions, fostering
sustainable ecosystems through certified expertise and strategic partnerships.
Alliance of prominent organizations and institutes of higher learning to drive green economic growth across the ASEAN region
In a significant and forward-looking move, Temasek Polytechnic (TP), Institute of Technical Education (ITE), Link Capital Pte Ltd (Forestry Project Owner), REDEX Pte Ltd (Renewable Energy Certifier), Aeterni Pte Ltd (Carbon Credit and Sustainability Consulting Firm), and Bureau Veritas Singapore Pte Ltd (Validation and Verification Body for Carbon Credits) have officially inked a Memorandum of Understanding (MOU) to forge a greener future. The MOU was effective on 7 Nov 2023 at TP-ECOllab Symposium 2023 in Temasek Polytechnic. With a shared commitment to developing the green economy in ASEAN countries, the signing parties are poised to embark on a multifaceted journey, marked by innovation, collaboration, and sustainability.
The collaboration spans a multitude of sectors and will strengthen the consortium’s collaboration in areas such as:
🌱 nature-based solutions,
🌱 carbon credit and renewable energy monitoring, reporting and verification (MRV),
🌱 training and workforce development for green economy,
🌱 sustainability research collaboration and
🌱 cross-cultural student/staff exchange for training, technical exchange and youth development.
Liquid Gold Agarwood Found To Have Significantly Higher Agarotetrol
In a recent agarwood analysis by the School of Applied Science, Temasek Polytechnic, Singapore, was found to have as much as 0.64% of Agarotetrol concentration (mg/L), which are 6.4 times higher than 0.1% (the minimum content) based on Chinese Pharmacopoeia 2015 in its samples from Lao, PDR. Agarotetrol is a source compound for low molecular weight aromatic compounds from agarwood heating.1
The analytical test was undertaken to study the high-performance liquid chromatography (HPLC) chemical profiles (fingerprinting) and the quantitative levels of the active ingredient agarotetrol in August 2022. This is done in collaboration with Link Capital for the further development of the centre of innovation (COI) capability in complimentary health products (CHP) research. It identified agarotetrol as the major quantitative marker (Chinese Pharmacopoeia 2015, Takamatsu & Ito, 2018).
“We are very pleased with the results and it reaffirms our position on producing quality agarwood oil for different industries”, said Denny Chong, CEO and founder of Link Capital. Agarwood and its oud oil are widely used for incense, perfume, traditional medicine, and other products in the world market. In traditional Chinese medicine, agarwood is used as a Qi-regulating drug and carminative medicine.
Link Capital, is leading the region to establish standards for agarwood quality and ensure the production of the highest standard of agarwood oils. Through its collaboration with Temasek Polytechnic’s Centre of Innovation - Complimentary Health Products. Link Capital is also working with agarwood producers in the region to adopt sustainable practices and ESG (environment, social governance) principles.
With a ready harvest of agarwood chips and Oud oil from Lao PDR, we invite potential expressions of interest to acquire current and future harvests.
1. Journal of Natural Medicines, 72(2), 537–541
Link Capital Pte Ltd And Temasek Polytechnic Signed A Memorandum Of Understanding For Research & Development In Agarwood And Product Innovation In Singapore
Link Capital Pte Ltd (LCPL) today announced its collaboration with Temasek Polytechnic (TP) School of Applied Science to establish a working relationship on research, education and training in the area of Agarwood cum product innovation.
Agarwood is the most valuable natural organic commodity in the world, found mostly in China and South East Asia, including Laos, Cambodia, Thailand, Malaysia, Indonesia, Myanmar and Vietnam. It is largely used as a base note for fragrances, religious and medicinal purposes. This collaboration will be a first of its kind with an Institute of Higher Learning (IHL) in Singapore. (Read more: https://www.linkcapitalsg.com/products).
The initial tenure of the MOU is for three years and it signifies both parties’ commitment to collaborate in the following areas of research and development:
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Development of new scientific guidelines on product specifications for Agarwood and Agarwood oil,
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Development of novel complementary health products containing Agarwood or Agarwood oil,
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Agarwood product validation, certification and standardisation,
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Product innovation relating to agarwood by-products or waste,
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Education and training activities on Agarwood innovation.
TP School of Applied Science has the expertise, knowledge and experience in innovation and developing standards with sustainability in mind.
The School’s director, Dr Goh Lay Beng, commented, “We are delighted to be a part of Link Capital’s efforts in bringing the benefits of agarwood to people all over the world, in more ways than one, through innovative formulations. Our National Centre of Innovation for Complementary Health Products (COI-CHP) hosted at TP is excited to be establishing quality standards for this very precious resource of nature.”
LCPL has secured from the Lao PDR government a 20-year concession to work on the Agarwood project and is in discussion with plantations in other ASEAN countries to participate in our sustainable goals.
The partnership will tap on LCPL’s extensive network of Agarwood plantations in ASEAN and to establish Singapore as a Centre of Excellence for this ancient and valuable resource. This will shape the industry by setting acceptable standards of quality certification and ensuring that agarwood is cultivated, harvested and processed sustainably for global consumers.
Mr Denny Chong, Founder and CEO of Link Capital Pte Ltd, said, “As a company, we feel privileged to partner with Temasek Polytechnic in our journey of development and growth. The research and development cum innovation support from COI-CHP, will enable our Centre of Excellence in Singapore to work towards achieving the United Nation Sustainable Goals and to fulfil the huge global demand in a responsible manner.”
For further information please contact:
Jimmy Lee
enquiry@linkcapitalsg.com
Link Capital Pte Ltd
Or visit our website :
www.linkcapitalsg.com
About Link Capital Pte Ltd
Link Capital is a Singapore-based agri-tech company that is poised to become one of the leading producers of agarwood products in Asia. It is committed to capture this unique market in a sustainable and responsible manner.
Link Capital is on a mission to transform ASEAN agarwood plantations into valuable agri-tech industries, plugged into the global supply chain to meet the increasing demand for quality healthcare and lifestyle products. This will enable stakeholders like the local Governments and communities to improve per capita income and achieve sustainable development goals.
About Centre of Innovation for Complementary Health Products (COI CHP)
The Centre of Innovation for Complementary Health Products (COI CHP) at Temasek Polytechnic (TP) is a joint initiative between TP and Enterprise Singapore. As a one-stop national centre, COI CHP promotes and advances evidence-based approaches for complementary health products. The COI’s scientific work aims to support companies in the fields of Traditional Medicines, Health Supplements, and Functional Foods, enabling them to stay ahead and stay competitive in a dynamic and growing industry. For more information, please visit www.tp.edu.sg/research-and-industry/centres-of-excellence/centre-of-innovation-of-complementary-health-products-coi-chp.html.
About Temasek Polytechnic (TP)
Temasek Polytechnic (TP) is a significant contributor to the field of para-professional education in Singapore. TP currently offers 36 full-time diploma courses in the areas of applied science, business, design, engineering, humanities & social sciences and informatics & IT. It also offers over 40 part-time courses, up to the advanced diploma level. TP students undergo a holistic learning system that combines hands-on experience, character education and relevant life skills, in an enriching learning environment. The Polytechnic has also infused global realities into its programmes and developed a mindset on campus that embraces socio-cultural diversity. These approaches ensure that TP graduates are economy relevant, future relevant and life relevant. For more information, please visit www.tp.edu.sg.
Centre of Excellence For Agarwood Processing in Singapore
Link Capital awarded 20 Year concession by Lao PDR Government.
Link Capital Pte Ltd, announced today that it will be setting up a Centre of Excellence in Singapore to process agarwood from the region into oud oil and other raw materials.
Agarwood is the most valuable natural organic commodity in the world, found mostly in China and South East Asia, including Laos, Cambodia, Malaysia, Indonesia and Vietnam.
It also announced that work has begun with one of the largest Agarwood plantations in South East Asia in Lao PDR. A pre-processing plant in Lao PDR has been set up with full 20-year concession, operating and export licenses from the Ministry of Agriculture and Forestry, Lao PDR. Singapore’s Ambassador to Lao PDR, Mr Dominic Goh presided over the opening of the pre-processing plant together with Dr Lien Tikeo, Minister of Agriculture and Forestry, Lao PDR.
The company has received significant support from the Singapore Foreign Affairs Department to liaise with their foreign counterparts to secure local government support in concession negotiations, favorable logistics and tax treatments. Link Capital Group have been working closely with the Singapore government and the Association of South East Asian Nations (ASEAN) to build and develop processing and production facilities for Agarwood tree stocks in the region for the global market.
Mr Denny Chong, CEO of Link Capital said, “In terms of Trade and Industry, we have received good engagement and interest with potential off-takers from Middle East, North Asia and Europe”.
The company has also said that The Singapore Government is very supportive of its venture to make Singapore the leading R&D, processing and product development center for Agarwood. The government authorities will help to validate and certify final products manufactured in the Singapore factory. The final products will be branded as Singapore produce with stringent quality control procedures and it will be marketed globally.
For further information please contact:
Jimmy Lee
Link Capital Pte Ltd
Or visit our website :
About Link Capital Pte Ltd
Link Capital is a Singapore-based agri-tech company that is poised to become one of the leading producers of agarwood products in Asia. It is committed to capture this unique market in a sustainable and responsible manner.