Business Valuation

Property Valuation

Corporate Transaction 

Previously, we are honored to be engaged by COSCO SHIPPING Holdings Co., Ltd. (1919.HK) in providing PPA valuation services for their Acquisition of Orient Overseas (Int’l) Ltd. (316.HK). This was the largest M&amp;A transaction in the global shipping industry in terms of deal price.
 
Please <a href="../../../../../uploads/CaseHighlight_COSCO_20190503_87da489474.pdf" target="_blank" rel="noopener">click here</a> to know more about the acquisition and its transaction synergy and our engagement. 
 
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CFA, FCPA, FCPA (Aust.), MRICS, RICS Registered Valuer
Vincent is the Founder and Managing Director of AVISTA Group, who leads the firm’s Valuation Advisory, Risk Management Advisory, ESG Advisory and Corporate Advisory services in Hong Kong and the PRC.
Vincent has 20 years of experiences in valuation advisory, M&amp;A advisory, business consulting and corporate investment, advising clients in a range of industries, including TMT, financial services, pharmaceutical and energy etc. Hence, He has been leading the firm to make breakthroughs in these areas.
Before founding AVISTA, Vincent served as an Associate Director of PwC and was in charge of the valuation division in Beijing. He has advised numerous large M&amp;A deals in both China and overseas for multinational corporations and Chinese state-owned enterprises. He also has extensive experiences in providing valuation services for US and HK IPO listing.

VINCENT PANG

Managing Partner

ACA, CFA, FCPA, LL.M, MRICS, RICS Registered Valuer
Ivan is mainly responsible for business valuation, intangible asset valuation and financial instruments valuation for financial reporting purpose and consulting &amp; advisory purpose.
Ivan has 10 years’ experience in valuation sector. Prior to joining AVISTA, Ivan has worked with KPMG in Risk Advisory Service and Assurance Departments. Ivan has led several local and overseas valuation and advisory projects across different industries for transaction, IPO and financial reporting purposes.

IVAN LUI

Partner

Hailey is responsible for business valuation, intangible asset valuation and financial instrument valuation service for financial reporting and consulting purposes.
Hailey has over 10 years’ experience in valuation service and M&amp;A financial advisory service in China. Before joining AVISTA, Hailey was a manager in PricewaterhouseCoopers with working experience in both Valuation Service and Corporate Finance Department.
During the past years, Hailey has participated in several large M&amp;A deals to provide modeling, pricing valuation or valuation advisory service. Besides, she was involved in numerous projects for US and HK listed or pre-IPO listing companies to review their valuation prepared for financial reporting purpose. In addition, she also acted as a financial advisor for several private equity financing and outbound acquisition projects.

HAILEY JIN

Case Highlight - Acquisition of Orient Overseas (Int'l) Ltd. by Cosco Shipping Holdings Co., Ltd.

After the fifth wave of COVID-19 outbreak, rapid U.S. interest rate hike in Q2 2022, most real estate investors adopted a wait-and -see approach while some exploited the current uncertainties and enjoy the first mover advantage. In the meantime, Hong Kong government set an example for all stakeholders in Kowloon East to show further support for its long-awaited CBD2 vision as well as realizing its potential to the fullest. In this publication, AVISTA Property Valuation team forecasted the Hong Kong prime office rental and price in late 2022, and analyzed recent office leasing transaction in Kowloon East.
 
Click <a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q2_2022_EN_Master_0926_84905223ed.pdf" target="_blank" rel="noopener">here</a> to read the full insights.
 
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Sail Safely Through the Uncharted Water—AVISTA HK Office Market Insights (Sep 2022)

In March 2022, the SEC proposed new climate disclosure rules to strengthen and standardize public companies’ climate disclosures, with the aim of providing consistent, comparable, and useful information for investors to utilize in their decision-making processes. Public comments on the SEC proposal have been received. If adopted, the proposed changes would require registrants to disclose extensive climate-related information within their annual reports and registration statements, including greenhouse gas (GHG) emissions, as well as the impacts and governance of climate-related risks. Click <a href="../../../../../uploads/SEC_s_Proposed_Climate_Disclosure_Rules_Impacts_on_Registrants_20220726_EN_fbd37e1950.pdf">here</a> to learn more about the SEC’s Proposed Climate disclosure requirements. 
 
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SEC’s Proposed Climate Disclosure Rules —— Impacts on Registrants

Fifth wave of COVID-19 outbreak, geo-political tension between Russia and Ukraine as well as the commencement of U.S. interest rate hike placed tremendous pressure on Hong Kong’s office market, yet It is the worst and best time for investors to plan ahead for their next acquisition. Amid the uncertain times, the new arrangements for charging land premium greatly reduce the time and cost needed for lease modification application and release the largest potential of rural land in the Northern Metropolis Area. In this publication, AVISTA Property Valuation team forecasted the office sales market to reach a short-term bottom in Q2 2022 despite shrinking rental, factoring in the uncertainty presented by the pandemic. Click <a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_51534a8c68.pdf" target="_blank" rel="noopener">here</a> to read the full insights. <img src="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_16d60dc631.png" alt="" width="300" height="3508" />