Real estate

As reporting auditor or advisors, we our with clients from the beginning to the end of the IP process order to maximise value out of the transaction.

We add value in an IPO process as follow:

1. Pre-IPO Process - “Assess” current landscape and facilitate listing process

• Identify the suitable listing destination
• Understand and evaluate the potential listing structures available
• Understand financial reporting requirements for the various listing destinations or structures
• Identify the acceptable accounting standards and restate historical financial statements
• Strategic business planning to create a well-constructed, and attractive IPO story for the investors
• Group restructuring and management reorganization
• Review effectiveness of existing finance function, technology infrastructure, and management information and reporting systems
• Review corporate governance and internal controls requirements
• Identify tax leakages and the associated tax minimization strategies
• Identify tax efficient corporate structure for warehousing phase

2. Listing Process - “Design and Construct” for listing readiness

• Compliance with the listing criteria
• Compliance with the financial information and prospectus disclosure requirements
• Preparation of historical financial information
• Preparation of financial forecast
• Obtain ruling from tax authorities for certainty of tax treatment and tax exemption/relief
• Appoint independent directors and board subcommittees

3. Post Listing - “Implement and sustain” listed status

• Corporate strategy and development
• Compliance with continuous listing requirements
• Compliance with corporate governance code
• Establish risk management and internal controls framework
• Review management information and reporting systems to meet the requirement of the listed company
• Set up investor relations functions
• Set up effective tax functions and compliance process