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 Partner 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 over 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 is the Executive Council Member of The Hong Kong Independent Non-Executive Director Association (HKiNEDA), Reviewer of HKICPA Best Corporate Governance and ESG Awards, Head Juror of Institute of ESG and Benchmark (iESGB) Achievement Awards, and the member of Financial Reporting Valuation Advisory Panel of HKICPA.

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 over 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 graduated from Shanghai Jiao Tong University Antai College and 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.

The initial public offering (“IPO”) journey has never been straightforward. In addition to business-related financial metrics, evolving stakeholder expectations and heightening regulatory demands for resilient growth supported by well-articulated Environmental, Social and Governance (“ESG”) strategy and performance have indicated that ESG and climate-related corporate mandates growingly tip the scales when it comes to a company’s successful IPO and overall performance.
 
Against the backdrop that regulatory authorities and capital markets around the world are demanding transparent ESG disclosures from companies looking to go public, while IPO-ready companies align themselves with enhanced regulatory frameworks, some of them even make ESG practices front and center in their IPO roadshow phase to gain access to the pool of capital from international ESG-focused investors.
 
Click <a href="../../../../../uploads/EN_IPO_Journey_the_Importance_of_ESG_in_IPO_Process_20221107_VP_ET_SL_ET_SL_SJC_b180b1b534.pdf" target="_blank" rel="noopener">here</a> to learn more about the latest ESG disclosure requirements and ESG essential for IPO applicants.
 
<a href="../../../../../uploads/EN_IPO_Journey_the_Importance_of_ESG_in_IPO_Process_20221107_VP_ET_SL_ET_SL_SJC_b180b1b534.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/Cover_EN_5f415ec3d4.png" alt="" width="500" height="707" /></a>

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IPO Journey:  The Importance of ESG in IPO Process

The Stock Exchange of Hong Kong Ltd. (“HKEx” or the “Exchange”) published a consultation paper on 19 October 2022, seeking public feedback on proposals to expand Hong Kong’s existing listing regime to permit listings of Specialist Technology Companies. The consultation period will end on 18 December 2022.
 
The consultation paper proposes that Specialist Technology Companies listing applicants are required to have substantial investment from Sophisticated Independent Investors, and to disclose the pre-IPO financing details in their listing applications.
 
Click <a href="../../../../../uploads/article_EN_compressed_bf4f93c5c0.pdf" target="_blank" rel="noopener">here</a> to learn more about HKEx published Consultation Paper for Specialist Technology Companies Listing.
 
<img src="../../../../../uploads/EN_cover_90b9426b44.png" width="350" />

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HKEx published Consultation Paper for Specialist Technology Companies Listing

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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