Asian consumers aspire to greater health and well-being. What they consume is a key part of that. NSG is focused on meeting these aspirations.

Our Mission

NSG’s underlying investment thesis is that a fundamental imbalance exists between sources of supply and aggregate demand in China and other areas of the emerging frontiers of Asia.

These are particularly accentuated in consumer markets. China is in the midst of weaning its economy off its reliance on exporting and transitioning into a consumption-driven macroeconomic model. It is NSG’s purpose to act as a conduit for this and to operate in niche markets where we are able to control the sources of supply in areas of significant regulatory oversight.

Our Companies

Natural Source
Group Trading

Natural Source Group Trading (NSGT) is a vertically integrated trader and interdealer broker focussed primarily on opportunistic arbitrage in global agribusiness supply chains

CBD Group Asia

CBD Group Asia (CGA) is opening up avenues of hyper growth in embryonic Cannabidiol (CBD) markets emerging in Asia.


Logico is our platform for the development of our innovative range of coconut waters. 


Our Infant Nutrition company is structured to enable importing of large volumes of Infant Formula and related mother and baby nutrition products into China, overcoming regulatory challenges.

Our Markets
& Products

CBD Group Asia

CGA is utilising its management team's investment, sales and marketing experience of consumer products in Asia in order to grow and expand within the Asian CBD sector.

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Natural Source Group Trading

NSG Trading has been presented with many arbitrage opportunities due in part to the imposition of trade tariffs by the current US administration. Chinese companies are seeking out new ways to manage their value chains.

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Infant Nutrition
& Stork Nutrition

China’s Infant Formula market has undergone dramatic and fundamental changes. Multiple scandals have resulted in illness and even death among young infants. Chinese regulators (and consumers) are seeking infant milk brands that can show complete supply chain control from cow to consumer.

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Coconut Water
& Logico Bioproducts

What was initially seen as a short-term fad has now settled into an established category as consumers seek products that satisfy their desire for hydration that is not just enjoyable but natural and healthy.

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Our People

We recognise that it’s not enough to have a great idea and a strong plan.
It also needs the right mix of talented and experienced individuals to make it happen.

of Directors

Patrick Foster


Patrick worked in the City of London from 1981 to 2008. He spent 10 years Rothschild Asset Management and 11 years with

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ING in a Managing Director role with both organisations. He has worked in capital markets for over 25 years both as a Director and an advisor on corporate strategy, fund raising and investors Patrick is a graduate of London Business School.

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Grace Ma

Non-Executive Director

Grace is the Deputy General Manager of ALBEN investments, an Asian company that specialises in providing customised financial solutions in the agricultural space. 

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She is responsible for strategic relationships with big agribusinesses, developing business opportunities and partnership programmes. Working with the management team, she participates in company strategy development on strategic investment and trusted partnership building.Prior to ALBEN, Grace served as Director of Communications and External Relations in Cargill China. Working with the Managing Director of Cargill North Asia, Grace participated in the development and execution of strategic partnership programmes with Chinese policy-makers on food security and safety and supply chain as well as sharing Cargill’s practices from a business perspective. Grace graduated from Shanghai Jiaotong University with a dual degree in English and Business Administration in 2001.

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Lin Jieyuan

Executive Director
Lin serves as accounting advisor on the board of NSG.
He has a further role as Non-Executive Director at Phorm

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Corporation, which he has held since 2015. From 2008 to 2011, he was Senior Accountant at Singapore based container terminals operator, PSA Corporation. From 2005 to 2008, his role was Senior Associate at KPMG. He graduated from the Nanyang Technological University in Singapore with a B.A. in Accounting and is a member of the Institute of Singapore Chartered Accountants.

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Cor de Vrieze

Non-executive Director

Cor comes from a family of Dutch farmers and land owners and has spent the majority of his professional life as an

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independent real estate investment consultant representing his family business. He founded his own consultancy firm in 2000 which specialised in agricultural real estate, land acquisition and property development initiation. He provides NSG’s link into European Dairy and Agricultural markets necessary for facilitating trades into Asia. He holds a Master’s degree in Agriculture from Wageningen University.

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Key Advisors

Ranjeet Sundher

Mr. Sundher is the President of Canrim Ventures Ltd., a Singaporean advisory firm specializing in early stage project finance and structure. 

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He has raised over $40 million for companies in which he is a founder/partner. And he is Pacific Rim Cobalt Corp President and CEO. Ranjeet has over 20 years of capital markets experience and and has developed and sold several successful private and public companies.

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Chris Macintosh

Chris’s background and education was in Law and he is a graduate from the Securities institute of Australia and was a Registered Rep (SFA) Futures and Options.

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His career was largely in investment banking, with stints at JP Morgan, Lehman Brothers, Invesco Asset Management and Robert Flemings and Co. Subsequent to that he founded a real estate investment firm in 2004 which built a multi million-dollar portfolio of assets and sold out in late 2006. In 2012 he co-founded Seraph VC, an exclusive private investment platform for HNW’s and UHNW’s interested in investing in start-ups seeking seed capital. Seraph has deployed $30m into a wide range of exciting global early stage businesses.

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James Foster

Having attended the School of Oriental & African Studies and Stanford University, he began his career in the City of London with the Royal Bank of Canada. Subsequently he moved

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to Beijing in 2011 to co-found Emerging Asia Capital a resource focused Mergers & Acquisitions Boutique. He then co-founded Natural Source Group in 2013. He has lived and worked in China for over 7 years.

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Anne Dryden

Marketing Director
Anne has held senior roles in advertising and marketing, working with blue-chips companies including Procter & Gamble, Unilever, Johnson & Johnson and Nestle. Latterly, she operated as

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a strategic marketing consultant executing long-term projects for the BBC and the UK’s national newspapers. A graduate of St Andrews University, she has an MBA from Henley Management College.

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Hogan Lovell International

LLP Legal Advisers
One of the first international law firms to establish an office in China outside Beijing.
With over 40 lawyers, Hogan Lovells has one
of the largest Shanghai offices of all

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international law firms, providing local and international clients with a full service offering for both outbound and inbound transactions, corporate and commercial advice, as well as intellectual property, construction and dispute resolution matters.

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Park Place, 18th Floor, 
1601 Nanjing Road West, 
Shanghai, 200040

Hannam & Partners

Financial Advisers

Independent corporate finance advisor firm that works predominantly with private companies and groups in the UK and emerging markets. Authorised and regulated by the FCA.


2 Park Street
London W1K 2HX

Our Office

Head Office 
Natural Source Group Pte Limited
9 Raffles Place #26-01,
Republic Plaza,
Singapore, 048619

China Office
5th Floor, Overseas Chinese Mansion, 129 West Yan'an Road, Jing'an District,
Shanghai, PR China 200040
延安西路129号华侨大厦5F, 近华山路

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