Singapore, 2 October 2020 – Nexia TS today announced that the firm is to team up with AMTD to create a Pan-Asian Digital Solutions Platform headquartered in Singapore. This new platform provides comprehensive professional services and develop Singapore’s professional talents.
Nexia TS went on the journey of digital transformation since 2 years ago to improve work processes and to build digital capabilities with a suite of digital tools to serve our clients. With this collaboration agreement, Nexia TS will be a core member within the AMTD Group. It will become the pivotal platform under AMTD Professional Services Group, AMTD’s digital professional services arm to serve Asian SMEs in digital finance, digital community, supply chain solutions and professional services. In July 2020, Nexia TS has jointly launched the Nexia InnoLab with the Singapore Fintech Association in the presence of Ms Indranee Rajah, Minister in the Prime Minister’s Office, Second Minister for Finance and Education.
Guest of Honor for the signing ceremony, Mr Patrick Tay, Assistant Secretary-General, National Trade Union Congress, said, “I am glad to see AMTD teaming up with Nexia TS to create a Pan-Asian Digital Platform headquartered in Singapore to provide comprehensive professional and financial related services. In particular, I am elated to hear of the organisation’s focus and efforts to develop Singaporean talents and its commitment to hire an additional 100 local PME staff, especially mid-career Singaporeans, with a particular focus on hiring female talents, in the next twelve months.”
Calvin Choi, Chairman and CEO of AMTD Group, commented, “High quality professional services with local know-how and in-depth insights, enriched by solid understanding into local dynamics and culture are key to the success and sustainability of SMEs. Nexia TS’s comprehensive range of solutions provide businesses with smart tools to improve internal processes and controls and increase productivity. Women leadership and diversity are also part of AMTD’s strategy and core values. We welcome Nexia TS, Henry and his team to join the AMTD family to strengthen our digital offerings and to provide a true one-stop user journey to SMEs. We strive to help accelerate the digitalisation of SMEs in Singapore and beyond, and serve their different needs across their lifecycles through a Pan Asian Digital Professional Services Group. Most importantly, through Nexia TS Group, we are committed to contributing to and developing Singapore into a professional services talent hub with a local hiring plan of over 100 additional local professional staff in the next 12 months with a focus in women talents comprising at least 60% of the hiring”
Henry Tan, Group CEO and co-founder of Nexia TS, added, “We are excited to be on this journey with AMTD to further develop our 3Ps growth strategy – Prepare, Position and Progress. This pandemic is a catalyst of digital acceleration for businesses to thrive in a crisis. With our expertise and knowledge in the professional services arena, I am confident that we can add value to the AMTD SpiderNet ecosystem and assist SMEs in their digitalization roadmap while embracing capabilities and network of the AMTD family. Given that AMTD has comprehensive investment banking capabilities in Singapore, Hong Kong, and the U.S. markets, the synergies are mutual and will be well-complemented with our IPO and M&A experience in the region”.
About Nexia TS:
Founded in 1993, Nexia TS today is recognised as an established accounting and advisory firm. Headquartered in Singapore, the firm has strong presence in various countries across the region. Nexia TS Shanghai is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for clientele with operations and new foreign investments in the respective countries. Being an independent member firm of Nexia International also means that we have more than 32,000 staff serving clients at 727 offices in 122 countries. It is ranked as the top 10 largest international accounting and consulting network. For more information, please visit www.nexiats.com.sg.
About AMTD Group
AMTD Group is a leading comprehensive financial services conglomerate, with businesses in investment banking, asset management, digital financial solutions; and non-financial services areas including education and real estate investment.
AMTD International (NYSE: HKIB; SGX: HKB), a subsidiary of AMTD Group, is the largest independent investment bank in Asia and one of Asia’s largest independent asset management companies, and has been a leading investor in FinTech and new economy sectors. AMTD International was successfully listed on the New York Stock Exchange in 2019, representing the first Hong Kong headquartered financial institution listed on NYSE. On April 8, 2020, AMTD International completed its successful listing on SGX-ST, which marks a series of historical milestones, including:
AMTD Digital, the digital solutions arm of AMTD Group headquartered in Singapore, is engaged in digital financial services, digital marketing and data intelligence, digital connectors and ecosystem building, and digital investments. AMTD Digital aims to build a one-stop, comprehensive, cross-market, and innovative digital solutions platform.
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