Business

Business

Calvin Cheng is currently co-Chairman of ASX-listed Retech Technology Co (ASX:RTE). Retech is a technology company that builds online platforms for firms to deliver their corporate training online. The company operates mostly in the People’s Republic of China and its client list includes Ping An Insurance, Mercedes Benz, the Bank of China, Sephora. Calvin is a substantial shareholder of the company and led the company to IPO, after merging a training company he founded in China with Retech’s original China business. The company’s website can be found on www.retech-rte.com

Calvin was also Founding CEO of AlphaBit Crypto Exchange (www.abcc.com) which at one point was one of the world’s largest crypto-currency exchanges. He was also senior partner of the Dragon Blockchain Investment Fund which acquired BTCC, the world’s oldest crypto exchange.

ABCC was 100% sold in June 2020 off the back of booming crypto prices, due to the halving of BTC and COVID-19.

Calvin Cheng was also a shareholder of Lumina Live! (www.lumina.com.sg) which co-organises Singapore Fashion Week and other luxury events around the region, as well as Singapore’s leading youth magazine JUICE Magazine Singapore (www.juice.com.sg).

Previously, Calvin Cheng was the Asia-Pacific Head of Elite Model Management, the world’s largest model management company. He has also owned the license for Ford Supermodel of the World contest for Singapore, Malaysia and China, and been a judge for Elite Model Look, Ford Supermodel of the World, Miss World and Miss Earth contests regionally.