IPO Advisory
Going Public through an Initial Public Offering (IPO) is a natural progression for most successful private enterprises, as the benefits can be considerable. However, the process of completing an IPO is a tedious and daunting task for most enterprises.
We approach IPO as follows:
Phase 1 – Pre-IPO discussion
- Discuss with management their objective of IPO and advise them the various options open to them;
- Assess the group’s feasibility for listing and the choice of various markets
- Advise on pro and con of going public
- Advise the listing process, regulations and requirements
- Provide an indicative valuation based on the prevailing market condition
Phase 2 – Pre-IPO review
- Conduct due diligence on the businesses in the group
- Identify major issues which are possible hurdle to the listing
- Review the group’s past financial performance and with the auditors/reporting accountants
- Review the existing group’s structure and advise on an effective structure for listing purpose
- Assist in restructuring for potential debt and/or equity fund raising opportunity
- Assist in developing IPO’s strategy and planning
Phase 3 – IPO preparation
- Assist in introducing the professional parties including the issue managers, lawyers etc
- Assist in compilation of information to be included in the prospectus
- Assist in preparing financial projections and drafting of Board Memorandum
- Managing and monitoring the progress to ensure timeliness of reporting