Congratulations to Global New Material International Holdings Ltd. (stock code: 6616.HK) on its successful listing on the Main Board of the HKSE on 16 Jul 2021. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation of financial instruments, intangible asset, expected credit loss and incremental borrowing rates.
 
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Congratulations to Global New Material International Holdings Ltd. (Stock Code: 6616.HK) on its Successful Listing 

Congratulations to Kangqiao Service Group Ltd. (2205.HK) on its successful listing on the Main Board of HKSE on 16 Jul 2021. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to purchase price allocation &amp; goodwill impairment test for financial reporting purpose.
 
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Congratulations to Kangqiao Service Group Ltd. (2205.HK) on its Successful Listing

AVISTA is pleased to be endorsed to be one of the service partners of Cyberport Professional services Network (CPN).
 
The CPN is an important complementary addition to the Cyberport ecosystem that join hands with the Enterprise, Investors and Technology Networks to support the growth of the Cyberport community companies. It is a structured and collaborative platform that connects professional services providers of areas like accounting, financing, legal, marketing and corporate development, etc., with the Cyberport community start-ups at their different development stages to support the growth and scale-up of the companies.
 
There are 28 existing international and local professional consulting companies in the CPN, including the Big Four accounting firms.
 
Our Director of Risk Management Advisory Services, Mr. Ricky Ho and Senior Manager of Business Valuation Advisory Services, Mr. Leo Hung recently hosted a Finance &amp; Taxation-themed service clinic for four Cyberport community start-ups. Ricky and Leo addressed the start-ups’ business pain points related to financing and ESG consulting, tax considerations for funds, pre-revenue valuation and payroll issues etc.
 
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As the Service Partner of Cyberport Professional services Network (CPN) and the Host of Service Clinic

Our Managing Director, Mr. Vincent Pang was pleased to be the Head Juror of the Institute of ESG &amp; Benchmark (IESGB)’s ESG Achievement Awards 2020.
 
The Awards aims to serve as a significant benchmark of the current sustainable development standards and best practices in Hong Kong by emphasizing the value of outstanding sustainability performance of companies, as well as NGOs. With Hang Seng Indexes Company Limited (HISL) being the Honorary Supporting Organization and Hong Kong Quality Assurance Agency (HKQAA) as the ESG Data Provider cum Supporting Organization, the jury panel was able to evaluate all applications comprehensively and fairly.
 
This year’s Awards was open for both listed and privately-owned companies under 4 categories, namely ESG Benchmark Awards, Special ESG Awards, Special Award and Honorary Awards.
 
Vincent and Ms. Sabrina Lam, Principal of Risk Management Advisory Services, were also invited to be the guests of the Awards Presentation Ceremony on 29 Jun 2021. Vincent gave a speech to conclude his duties and express his appreciation towards the board and the fellow jury panel; and presented the Gold and Platinum Winner of “The ESG Leader” Award.
 
The Awards recognizes ESG achievements in all industry sectors through 36 companies and 2 individuals. Among which, the developer and construction industry were found to be the most advanced in their sustainable development. Few Hong Kong’s most prominent developers received the Awards trophies, including Henderson Land Development Co., Limited, New World Development Ltd., Sino Group and Chinachem Group.
 
AVISTA was honored to help recognize local companies for their progress in ESG and share our best practices in ESG achievements with others and to the public at large.
 
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cheers

As the Juror of IESGB ESG Achievement Awards 2020 and Guests of the Awards Presentation Ceremony 

AVISTA was pleased to be invited by The Hong Kong Institute of Chartered Secretaries (HKICS) to be the Silver Sponsor of Annual Corporate Regulatory Update (ACRU) 2021.
 
The ACRU is an annual signature governance conference, which gathers governance professionals, directors and senior management to learn of the latest regulatory landscape and market developments in Hong Kong.
 
The online conference invited the regulators from HKEX, SFC and FSTB covered the key topics, such as regulatory update and guidance on post-listing compliance matters, sharing of findings from the review of issuers’ annual report disclosure, ESG with a focus on climate change, and corporate conduct.
 
AVISTA believes always keeping pace with important emerging regulatory developments, concerns, and enforcement trends is essential to provide our clients with professional and timely advisory services on corporate governance.
 
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As the Silver Sponsor of the HKICS 22nd Annual Corporate Regulatory Update (ACRU) 2021

Congratulations to Full Truck Alliance Co. Ltd. (stock code: YMM.US) on its Successful Listing on NYSE on 22 June 2021. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to preferred shares, equity incentive plans, purchase price allocation, expected credit losses and financial guarantee.
 
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Congratulations to Full Truck Alliance Co. Ltd. (Stock Code: YMM.US) on its Successful Listing 

Congratulations to AiHuiShou International Co. Ltd. (stock code: RERE.US) on its successful listing on NYSE on 18 June 2021. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to the analysis of Preference and Ordinary Shares, Employee Stock Option Plan, Equity Investments and Purchase Price Allocations for financial reporting purpose.
 
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