In all IPO exercises, there are various parties and professional advisors who form the IPO project team to ensure all compliances are met and to drive the company towards a successful IPO eventually. This article will provide the general list of parties who are required to be in the team:- Management Team: This is a…
Category Archives: Corporate Advisory
In our earlier article “Preparing for a Successful IPO”, we mentioned that a Pre-IPO Diagnostic is a position assessment done on the company, focusing on its readiness to embark into the IPO exercise. This is also the most cost-effective way for a company to understand itself, allowing the management to weigh the cost and benefits…
While many companies want to be public listed, majority of these companies did not prepare for the IPO exercise. In fact, many of the companies failed the Pre-IPO Diagnostic, which is an assessment done on the company as to their readiness towards an IPO exercise. From our experience, most companies failed the Pre-IPO Diagnostic because…
There are many reasons why the owners of the private companies are willing to go through the vigorous IPO exercise to get their company listed in the stock exchange. While monetary gains are mostly the expectations, let us explore the other advantages and disadvantages a public listed company may have:- Advantages of IPO Better market…
We all know that there are certain criteria for a private owned company to achieve the status of a public listed company. This status separates smaller companies from the big players. In this article, we will provide the general requirements that a private owned company to have before it should even consider going for the…
What does IPO mean? It refers to the process of offering shares of a privately-owned company for sale to the general public. The first time these shares are offered is called IPO. There are various reasons as to why a company wants to go for IPO, where the more common ones as follows:- 1. Fund…
This article is for general informational purposes only. It must not be used as a consideration for decision making purposes due to specific nature of different businesses. We recommend that you contact us for a non-obligatory consultation before making any decision in such exercise. Businesses in the US and Europe have long been using offshore…
Corporate Governance – Committees Nominating Committee The nominating committee is responsible to identify, nominate and orientate new directors, both executive and non-executive. The main reason for delegating such responsibility is to ensure recruitment matters relating to directors are addressed in detail, allowing the Board to spend time on strategic matters. It is, however, the Board’s…
Corporate Governance The Audit Committee The third part of our Corporate Governance series, we will be covering the functions and responsibilities of an Audit Committee within an organization, which is fundamentally about accountability and good governance. Pursuant to Paragraph 15.10 of the Listing Requirements, all listed companies in Malaysia must have an Audit Committee. This…
Stemming from my earlier write up on corporate governance, this article is the second part of the series which looks at the factors and qualities that create good corporate governance and its best practices. For this article, we shall address the area of Board of Directors, since they are the driving force of every organization….