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Discover the Essence of
Liquid Gold.
Crafting the world's finest sustainable Agarwood (Oud) Oil since 2016.
Be Part of Our Sustainable Journey in Creating a Standard for the Agarwood (Oud) Market
Link Capital is a pioneering Agarwood (Oud) manufacturer and wholesaler with a distinctive edge—we control the entire value chain, from plantation and harvesting to processing with a zero-waste approach, product innovation, research and development (R&D) in replanting and agritech, and global distribution. Our integrated approach enables us to ensure consistent quality, traceability, and sustainability at every stage, while driving innovation and upholding ethical sourcing practices. By investing in R&D we develop cutting-edge agritech solutions and innovative products that meet the evolving needs of our partners and clients. Our Centre of Excellence in Singapore operates under stringent quality control, certification, and compliance with ESG (environmental, social, and governance) standards, ensuring the highest level of sustainability and accountability. With full-spectrum control, we empower ourselves to deliver exceptional value, shape the future of Agarwood (Oud), and make a positive impact on the industry and communities we serve.
Discover Our Story
Link Capital redefines what it means to be sustainable in the Agarwood (Oud) market. Backed by a thriving reserve of over 28 million Aquilaria Agarwood (Oud) trees aged 20 to 25 years, we operate with full control over our entire value chain—from tree to oil—ensuring traceability, quality and accountability at every stage. Embracing zero-waste practices aligned with the UN Sustainable Development Goals (UNSDGs), we integrate cutting-edge, tech & nature-based solutions to minimize environmental impact while maximizing yield and purity. Our advanced distillation techniques unlock the highest therapeutic and aromatic qualities of Agarwood (Oud)—an ingredient revered for centuries for its calming, meditative and health-enhancing properties. Beyond pure Agarwood (Oud) oil, we pioneer the development of innovative Agarwood (Oud)-based products across wellness, skincare and health. Certified for quality and sustainability, we ensure an abundant and consistent supply of premium Agarwood (Oud), while preserving the forests and future it comes from.
Vision, Mission & Sustainability
Our Vision
We pioneer sustainable Agarwood (Oud) cultivation, crafting innovative and premium products that enrich lives and preserve our planet for generations to come.
We integrate advanced technologies and eco-conscious methods to cultivate Agarwood (Oud) responsibly, convert waste to X and deliver exceptional products.
We commit to zero-waste practices that align with UN Sustainable Development Goals, harnessing cutting-edge technology and nature-based initiatives to forge a sustainable future for the Agarwood (Oud) industry.
Sustainability
Our Mission
Our Journey
MAY 2016
Founding of Link Capital
OCTOBER 2017
Opening of Laos Pre-Processing Factory with the Ambassador of Singapore to Laos gracing the event
APRIL 2019
Awarded 20 years concession of Laos Agarwood (Oud) plantations
AUGUST 2021
Collaboration with Temasek Polytechnic, Centre for Complementary Health Products on Validation/Standardisation/Certification, R&D and Innovation of Agarwood (Oud) Products
SEPTEMBER 2022
Collaboration with Agarwood (Oud) tea partner Fort Sanctuary
JANUARY 2023
Link Capital participates in the Arab Health event in Dubai, UAE, under the Singapore Pavilion, where our products garnered strong traction and enthusiastic interest from Middle Eastern traders, end-users and corporates, along with fragrance industry players and corporates across the EU
JUNE 2023
Launch of Nature Based Sustainable Fund (NBSF)
AUGUST 2023
Collaboration with established fragrance & Agarwood (Oud) specialist partner Royal Fragrances
NOVEMBER 2023
Alliance of Prominent Organisations and Institutes of Higher Learning to drive green economic growth across ASEAN region
NOVEMBER 2023
Showcased our sustainable business model to established UAE entities as part of the Clean-Tech SG delegation
AUGUST 2024
Link Capital facilitates the gifting of 100 Agarwood (Oud) tree saplings from Lao PDR to Singapore to commemorate the 50th anniversary of bilateral ties between the two countries
OCTOBER 2024
We turned waste wood into biochar and scientific tests confirmed high value propositions
FEBRUARY 2025
Our Centre of Excellence in Singapore sets a benchmark in Agarwood (Oud) innovation, focusing on validation, certification, standardisation and manufacturing excellence in pure Agarwood (Oud) oil and Agarwood (Oud) related products
Our Leadership Team & Advisors
Denny Chong
Founder, CEO
Denny is the Founder and CEO of Link Capital Pte Ltd, an Agarwood (Oud) manufacturing and wholesale company. With over 20 years of experience across banking, finance and entrepreneurship, he has held leadership roles at UOB, Singapore Exchange and Brunel International. His ventures include founding Blue Magnolia, a premium pastry house and Notion 4.5, a design consultancy. Combining strategic vision with a strong sense of social purpose, Denny established Link Capital in collaboration with governments in Laos and Singapore to sustainably grow the Agarwood (Oud) industry. He also mentors young entrepreneurs through the Action Community for Entrepreneurship (ACE).
Jimmy brings over 20 years of experience in the finance and real estate industries. Leveraging his expertise in financial concepts and integrated asset management and his proven track record serving high-net-worth clients, he excels at building strong investor relationships and identifying new market opportunities. A Business and Marketing graduate from La Trobe University, Jimmy’s strong communication skills, effective leadership and problem-solving abilities are key drivers in expanding Link Capital’s global footprint.
Jimmy Lee
Director
Teng Theng Dar (BBM)
Corporate Advisor
Mr Teng was the CEO of Singapore Business Federation and Ambassador of Singapore to Sultanate of Oman. He brings over 40 years of senior management experience across 12 countries in Asia, Australia and the Middle East, with deep expertise spanning FMCG, commodities, agri-food, energy solutions, ICT and infrastructure sectors. His extensive leadership roles in multinational companies, coupled with active involvement in agrotech and diverse advisory positions, uniquely position him to provide strategic guidance that drives Link Capital’s growth and global expansion. A graduate of Waseda University in Japan and recipient of Singapore’s Public Service Star, his broad international experience, multilingual capabilities and strong network across public and private sectors add invaluable insights and credibility to Link Capital’s ambitions.
Darrel Lee
Director of Operations
Darrel brings over 20 years of expertise in project operations and management within the building construction and property management sectors. A graduate of the University of South Australia with a Bachelor of Business double majoring in Property and Marketing, he holds a Specialist Diploma in Workplace Safety and Health and an Advanced Certificate in Training and Assessment from the Singapore Workforce Development Agency. His extensive experience in helping SMEs optimize daily operations for maximum efficiency aligns perfectly with his role in driving Link Capital’s operational excellence.
Our Commitment To Sustainability
At Link Capital, sustainability is not an afterthought—it’s embedded in every step of our Agarwood (Oud) value chain. We uphold strict ESG standards, practice replanting through batch harvesting to ensure a consistent supply and upcycle waste wood into biochar to reduce emissions and enrich soil. With a zero-waste approach, we maximise the use of every part of the Agarwood (Oud) tree. Through our Centre of Excellence, we drive innovation and promote sustainability education to create an industry standard. From reforestation to community upliftment, we are advancing a responsible future for the Agarwood (Oud) industry.
UNSDGs are a collection of 17 global goals adopted by the United Nations in 2015, aiming to achieve a better and more sustainable future for all by 2030.
UNSDGs Met
>70%
We maximize the value of every part of the Aquilaria tree, turning byproducts into purposeful creations and aligning our practices with long-term environmental sustainability.
Material Waste
0%
To establish a high-tech, sustainable extraction facility to produce pure Agarwood (Oud) oil and premium Agarwood (Oud)-related products with standardization and validation.
In Singapore
1st
Our Partners
National University of Singapore
AsiaNext
Royale Fragrances
Nanyang Technological University
Agri-Biotech Knowledge Centre Ltd (ABKCL)
Institute of Technical Education
ST Engineering
Fort Sanctuary
Decarb123
AseanPlus Consulting
Temasek Polytechnic
Shalom Movers
Singapore Polytechnic
TK Group
Sky Ventures Capital
Events
November 2025
Signing Ceremony Between LCPL and ABKCL and Visit of UAE/Laos Ambassadors To LCPL's Centre of Excellence
Our strategic advisory group and Founder/CEO Denny Chong had the privilege to invite Professor Paul Teng (“Father of Agriculture in Singapore”) and Dr Eugene Sng from Agri-Biotech Knowledge Centre Limited to our factory to sign the Partnership Agreement with Link Capital Pte Ltd to conduct capacity and capability building using AgriTech methodology for our sustainable and green agriculture projects in Lao PDR. Immediately after the signing ceremony, together with Dr Goh Lay Beng (Director of Applied Science Dept of Temasek Polytechnic), we hosted a factory tour and business dialogue focused on deepening collaboration between SE Asia, Singapore, and the UAE.
August 2025
Official Visit to Singapore By H.E. Thongsavanh PHOMVIHANE, Foreign Minister of Lao PDR and H.E. Vilatsone VISONNAVONG, Ambassador of Lao PDR to Singapore
We are honored to welcome H.E. Thongsavanh PHOMVIHANE, Foreign Minister of Lao PDR and H.E. Vilatsone VISONNAVONG, Ambassador of Lao PDR to Singapore for an official visit to our factory in Singapore followed by a visit to our Science and Technology cum R&D partner, Temasek Polytechnic hosted by Dr Goh Lay Beng.
April 2025
H.E. Linkham DOUANGSAVANH (Minister of Agriculture and Forestry) and his delegation's Factory visit
Link Capital was honored to host H.E. Linkham DOUANGSAVANH and his delegation at our Centre of Excellence in Singapore, showcasing our sustainable oud production facilities and innovative technologies.
Link Capital Pte Ltd (Centre of Excellence), Singapore
Link Capital Pte Ltd (Centre of Excellence), Singapore
Link Capital Pte Ltd (Centre of Excellence), Singapore
December 2024
Strategic Meetings with Laotian Senior Officials
This past week in Vientiane was filled with productive meetings with esteemed Laotian senior officials, including H.E. Linkham DOUANGSAVANH, Minister of Agriculture and Forestry, H.E. Phet PHOMPHITHAK, Minister of Planning and Investment, H.E. Boviengkham VANGDALA, Minister of Technology and Communication, H.E. Varany PHOMMAVONGSA, Deputy Minister of Information, Culture and Tourism, H.E. Vansy KOUAMOUA, Deputy Minister of Information, Cultural and Tourism, H.E. Sudesh Maniar, Ambassador of Singapore to Lao PDR, Somvang PHIMMAVONG, Director General of Department of Forestry, Ministry of Agriculture and Forestry, and Ms Phakkavanh PHISSAMAY, Director General of Finance and Planning, Ministry of Natural Resources and Environment.
November 2023
Clean-Tech SG delegations to UAE
In conjunction with the UAE Presidency of COP28 Climate Summit, sustainability was a major theme. Clean-Tech, SG companies who provide effective solutions to achieve ESG through innovations head to the UAE in Nov'23. This was one of the first opportunities for Singapore companies to be exposed to COP28 plans and participation from
November 2023
TP-ECOlab Symposium 2023
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.
Vientiane, Lao PDR
Sharjah, Abu Dhabi, Dubai, UAE
Temasek Polytechnic, Singapore
Products
Agarwood (Oud) Oil
Sustainably sourced and crafted without additives to deliver the most potent, unadulterated essence of Agarwood (Oud). Rich, earthy and deeply aromatic, it embodies the purest form of nature’s luxury.
Agarwood (Oud) Perfume
A captivating blend of pure Agarwood (Oud) oil, masterfully layered with the delicate sweetness of rose, the warmth of amber, and the richness of precious woods—creating a luxurious, multi-dimensional fragrance that lingers with depth and elegance.
Agarwood (Oud) Tea
A harmonious blend of rare Agarwood (Oud) and rock essence tea, this refined composition balances the deep, smoky richness of Agarwood (Oud) with the fresh, aromatic essence of handpicked tea leaves—evoking a sensory journey that is both grounding and invigorating.
Agarwood (Oud) Skincare
Our Agarwood (Oud) Skincare products are specially formulated to bring you the experience of premium skincare infused with the highest purity Agarwood (Oud) oil for deep nourishment and antioxidant protection. Bold, restorative, and luxurious—crafted for those who demand nothing but the best.
We're working on innovative Agarwood (Oud) CPM & Health Supplements to unlock the power of nature - formulated for stability, vitality and inner balance. Backed by purity and science, this is wellness redefined—potent, natural and uncompromising.
Agarwood (Oud) CPM & Health Supplements
Connect With Us
Singapore
Vientiane, Laos
Dubai, UAE
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