Business Valuation

Initial Public Offering (IPO)

Congratulations to Green Future Food Hydrocolloid Marine Science Co. Ltd. (stock code: 1084.HK) on its successful listing on the Main Board of HKEx on 17 October 2019. With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to the fair value of financial instruments, purchase price allocation and goodwill impairment tests for financial reporting purpose.
 
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Congratulations to Green Future Food Hydrocolloid Marine Science Co., Ltd. (Stock Code: 1084.HK) on its Successful Listing

Innovation-driven startups and fledgling companies striving for rapid expansion and public listing have sprouted up in Hong Kong in recent years. Focusing on catalyzing growth, an establishment of governance frameworks is unlikely to be a priority for these startup founders during the initial stages. Nonetheless, good governance is undoubtedly pivotal to sustainability and attracting public investment for their long-term success.
 
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Our Managing Partner, Mr. Vincent Pang was pleased to be invited by The Hong Kong Chartered Governance Institute (HKCGI) to partnered with others industry experts to deliver a seminar on “Startups in Hong Kong &amp; Challenges of Governance Enhancement” last Friday. The event was a huge success, attracting over 360 decision-makers and future business leaders.
 
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Seasoned speakers provided an overview of building startups in Hong Kong and analyzed trends in corporate innovation. Vincent also highlighted the importance of valuation for startups in managing the value of companies and negotiating deals. A panel discussion was designed to explore the significance and difficulties of enhancing corporate governance to startups afterwards, offering critical perspectives on enhancing the city's startup landscape through sound governance.

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As the Guest Speaker of HKCGI Seminar – “Startups in Hong Kong & Challenges of Governance Enhancement"

Our Principal of Risk Management Advisory, Ms. Sabrina Lam, took the pleasure of being invited as a guest speaker at the webinar titled "Taking a Closer Look of Our ESG Criteria" held by the Hong Kong Institute of Certified Public Accountants (HKICPA). Ms. Lam is an organizing committee member and an experience reviewer of the Best Corporate Governance and ESG Awards organized by the HKICPA.
 
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As part of the Best Corporate Governance and ESG Awards series, the webinar aimed to provide an understanding of how ESG criteria are evaluated, along with an in-depth illustration of the latest ESG strategy and governance, reporting principles, KPIs as well as independent assurance of ESG disclosure. Ms. Lam shared our firm’s expertise and experience in augmenting key performance indicators (KPIs) disclosure, which is crucial for evaluating the effectiveness and impact of ESG strategies. We also discussed our views on the consultation paper on the enhancement of climate-related disclosures under the ESG framework recently published by the Hong Kong Stock Exchange during the Q&amp;A section.
 
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The webinar empowered listed companies and public sector organizations to enhance their ESG performances in this ever-evolving ESG landscape. AVISTA is proud to support the growth and development of the ESG industry in Hong Kong and beyond. Our participation in this webinar has demonstrated our commitment to advancing sustainable development and climate action.

AVISTA shares ESG expertise as a guest speaker at HKICPA webinar “Taking a Closer Look of Our ESG Criteria”

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Our Managing Partner, Mr. Vincent Pang, was pleased to be invited to be the Head Juror once again for the ESG Achievement Awards 2022/2023, organized by the Institute of ESG &amp; Benchmark (iESGB). Recently, he was invited as a guest speaker in the Awards webinar to take a deep dive into the award’s criteria and its respective categories.
 
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Through decoding the judging criteria and highlighting the key factors that judges are looking for, Vincent provided invaluable insights on how to improve corporate ESG performance, enabling Awards applicants to set a higher benchmark in pioneering sustainable development.