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As the Tutor of China Appraisal Society (CAS) Financial Instruments and Assets Valuation Training

Our Managing Director, Mr. Vincent Pang and Principal of Risk Management Advisory services, Ms. Sabrina Lam were pleased to be once again invited by the HKICPA to be the judges of the Sustainability and Social Responsibility (SSR) review panel of the BCGA 2020.
 
Celebrating their 20th anniversary, the HKICPA’s BCGA continue to set a benchmark for current Corporate Governance (CG) and sustainability standards and best practices in Hong Kong. This year, about 500 annual reports and 500 sustainability reports were considered in the initial stage and eventually 30 awards were presented.
 
As a professional CG and ESG advisory firm, AVISTA Group was pleased to see there is increasing awareness of climate change as an ESG issues and more companies are aligning with international standards on disclosure, including the Global Reporting Initiative (GRI) and the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD), in addition to the HKEX ESG Reporting Guide.
 
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cheers

As the SSR Reviewers of HKICPA Best Corporate Governance Awards (BCGA) 2020

Congratulations to Antengene Corporation Ltd. (6996.HK) on its successful listing on the Main Board of HKSE on 20 November 2020. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to preferred shares, employee stock option plan, incremental borrowing rate and intangible assets of the Company.
 
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Congratulations to Antengene Corporation Ltd. (Stock Code: 6996.HK) on its Successful Listing 

Congratulations to Sunac Services Holdings Ltd. (1516.HK) on its successful listing on the Main Board of HKSE on 19 November 2020. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to the company’s acquisition transactions for internal reference and subsequent purchase price allocation &amp; goodwill impairment test for financial reporting purpose.
 
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Congratulations to Sunac Services Holdings Ltd. (Stock Code: 1516.HK) on its Successful Listing 

Congratulations to Bright Future Technology Holdings Ltd. (1351.HK) on its successful listing on the Main Board of HKSE on 11 November 2020. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to the fair value of 100% equity value and share-based compensation of the Company.
 
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Congratulations to Bright Future Technology Holdings Ltd. (Stock Code: 1351.HK) on its Successful Listing

Our Managing Director, Mr. Vincent Pang is honored to be invited by Hong Kong Science and Technology Parks Corporation (HKSTP) to join the judge panel of the Pitching Competition of its annual signature event —Elevator Pitch Competition (EPiC) 2020 on 6 November 2020.
 
Marking its 5th anniversary, the EPiC is an exciting tech startup challenge drawing hundreds of start-ups from the globe to pitch to win the cash funding and cross-border investment opportunities via global matching sessions. This year, the startup pitch went virtual and attracted 170 startup finalists from 50+ regions to compete.
 
Together with the other judges, Vincent voted the Champion and the 4 Tech Trends Winners among the 10 finalists based on their outstanding performance in the 5-minute pitching and Q&amp;A session with the judge panel. The Champion is a biotechnology company that replaces plastic packaging with food waste biomaterials.
 
AVISTA is glad to be involved in this meaningful local event which sustains the positive momentum of Hong Kong’s Innovation and Technology ecosystem by driving tech corporate innovation and entrepreneurship forward.
 
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As the Judge of HKSTP Virtual Elevator Pitch Competition (EPiC) 2020

Our Managing Director, Mr. Vincent Pang was pleased to be invited by the RICS to host a webinar with the topic of “Valuation Issues in times of COVID-19: What you need to know”.
 
Vincent introduced the potential impacts of the outbreak of COVID-19 on the business performance of companies and the operation of investment activities globally. He also shared insights on how should the management or directors tackle valuation issues along with the pandemic in relation to the following three aspects: Impairment Assessment, Valuation of Financial Assets and Valuation of Equity Investment based on his extensive experience in and profound knowledge of the valuation profession.
 
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