ESG Reporting

Financial Reporting

macbook-926425_1920

CPA, FCCA, CIA, CISA, CTA (HK)
Ricky is responsible for Risk Management Advisory and Environment, Social and Governance (ESG) Advisory services in AVISTA.
Ricky has 20 years of experience in the fields of accounting, auditing, taxation, asset management, corporate finance and risk management. He has advised pre-IPO and listed clients in various industries, including property, financial services, TMT, manufacturing and licensed corporation, etc. Before joining AVISTA, Ricky had worked in Cheung Kong (Holdings) Limited, Ernst &amp; Young and KPMG in Hong Kong for a number of years.
Ricky has been invited to speak for the seminars and training of professional institutions such as, HKICPA, HKICS, HKiNEDA as well as those of various listed companies and professional training centers to share his valuable experiences in areas, including listing, risk management, internal control and ESG.

RICKY HO

Director

Sabrina has 6 years of substantial experience in environmental, social and governance / corporate sustainability, risk assessment and investor relations advisory for Hong Kong listed companies spanning a wide variety of industries including but not limited to information technology, healthcare, Internet finance, property development, investment &amp; management, luxury goods &amp; retail, video games &amp; entertainment, new energy, wastewater treatment, water supply, hospitality, food &amp; beverages, apparel &amp; textile, logistics and manufacturing across Hong Kong, Mainland China, Australia and other Asia Pacific regions.
Sabrina has been a reviewer for the Sustainability and Social Responsibility Reporting (SSR) award under the HKICPA’s Best Corporate Governance Awards (BCGA) since 2020, reviewing the ESG report of the selected listed companies based on her professional knowledge and insights in the ESG profession.

SABRINA LAM

Principal

CPA, ACS, CTA(HK), CIA
Joey has profound experience in enterprise risk management, internal controls, financial due diligence and external audit.
Joey has more than 10 years’ experience in handling assignments of initial public offerings, resumption of trading and merger and acquisition exercises for listed companies. She has extensive experience in different industries including manufacturing and trading, property development and investment, financial services, money lending and provision of educational services.
Before joining AVISTA, Joey had worked for professional advisory firms and accounting firm with extensive experiences in providing accounting, auditing, risk advisory services for HK IPO listing companies and listed companies.

JOEY LEONG

CPA, CIA
Andrea has over 10 years experiences in the fields of corporate governance, due diligence, business consulting, risk management and internal control review. She has served clients in a range of industries, including garment and textile, licensed corporation, property, construction, automotive, pawn loan, travel and tourism, logistics, mining, energy, TMT, financial services, catering, healthcare, beauty and wastewater treatment etc.
Before joining AVISTA, Andrea had worked for professional advisory firms, accounting firm and multinational corporation with extensive experiences in providing accounting, auditing, risk advisory services for HK IPO listing companies and listed companies.

ANDREA KWAN

Newly-Released ESG Guide Consultation Conclusions and ESG Disclosure Review by HKEX

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_089d7c7e1f.pdf" target="_blank" rel="noopener">here</a> to read the full insights. <a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_089d7c7e1f.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_70968756c6.png" alt="" width="283" height="400" /></a>

cover resized.jpg

Pandemic Continues to Rattle Office Market—AVISTA HK Office Market Insights (May 2022)

On 18 March 2022, Aquila Acquisition Corporation has been successfully listed on Hong Kong Stock Exchange as the first IPO of a SPAC under HKEX’s latest listing regime. AVISTA Group is honored to be engaged in offering valuation services to Aquila Acquisition Corporation on the first SPAC listing in Hong Kong. Some retail investors may view the SPACs’ financial statements are similar to those of traditionally listed companies, yet the SPACs’ financial instruments are much more complicated. The structure of each SPAC warrant may differ and it is hard to make an apples-to-apples comparison. Therefore it is challenging to perform valuation for SPAC warrants, which requires proper evaluation by professionals and valuation specialists. Read the <a href="../../../../../uploads/SPAC_Warrants_Valuation_Guide_2022_EN_fd041a98d2.pdf" target="_blank" rel="noopener">SPAC Warrants Valuation Guide</a> now to discover more details. <a href="../../../../../uploads/SPAC_Warrants_Valuation_Guide_2022_EN_fd041a98d2.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/EN_1_bbdac8926d.png" alt="" width="400" height="566" /></a>

SPAC Warrants Valuation Guide bg.jpg

Special Purpose Acquisition Companies (SPACs) Warrants Valuation Guide

The buzzwords “Web 3.0” and “Metaverse” have successfully captured a lot of media and public attention, provoking a worldwide metaverse frenzy since 2021. Web3, with blockchain as its backbone, has redefined the way we execute transactions via the Internet, for instance, creators selling content as NFT in OpenSea. There is no doubt that the metaverse will forever change the way people conduct social and business interactions in the future, but in what form will it take and which areas will be benefited most in the initial stage of its master plan? Click <a href="../../../../../uploads/Explore_the_real_world_opportunities_in_the_metaverse_EN_aa16745221.pdf" target="_blank" rel="noopener">here</a> to read on.  <a href="../../../../../uploads/Explore_the_real_world_opportunities_in_the_metaverse_EN_aa16745221.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/Explore_EN_cf822c9d16.png" alt="" width="353" height="500" /></a>