Nexia TS is pleased to be associated with the initial public offering (IPO) of Huationg Group Limited, an integrated civil engineering provider in Singapore, on Catalist Board of SGX offering 27.5 million shares at S$0.20 a share. Nexia TS was appointed as the advisory firm supporting the IPO listing through pre-IPO internal control review.
“Projects in Singapore are quite huge. Once we’re listed, we will also have more opportunities to work with international contractors on a joint-venture basis to take on larger projects.”
Patrick Ng, Chief Executive Officer, Huationg Global Limited
“Big congratulations to Huationg Global Limited for its successful listing – we wish Huationg Global Limited the best in its ventures. At the same time, we would like to take this opportunity to thank Huationg Global Limited for engaging Nexia TS in its listing journey on SGX.”
Henry Tan, Managing Director, Nexia TS
About Huationg Global Limited:
Established in 1983, Huationg Global Limited is principally engaged in the provision of a full range of civil engineering services and inland logistics support, and is also involved in the sale of construction materials, including the manufacture and supply of Liquefied Soil Stabiliser (LSS) and the sale of Recycled Concrete Aggregate (RCA). Over the last 30 years, the Group has been involved in the civil engineering works for numerous large infrastructural construction projects in Singapore including certain stations of the Downtown Line MRT and Circle Line MRT, the Kallang-Paya Lebar Expressway (“KPE”) and the Marina Coastal Expressway (“MCE”), and has established a strong track record in the civil engineering industry. Its customers in the civil engineering segment include, among others, the Housing and Development Board (“HDB”), Land Transport Authority of Singapore (“LTA”) and Daelim Industrial Co. Ltd. It is registered with the Building and Construction Authority (“BCA”) with a BCA grading of A2 under the category of CW02 for civil engineering and C2 under the category CW01 for General Building.
For more information, please visit www.huationg-global.com.
About Nexia TS:
Nexia TS was founded in 1993 by two experienced chartered accountants – Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation – not any accounting firm – but one which is unique in their personalised and well-qualified expertise.
To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and quality services at competitive rates in Singapore and globally. Our reputation for quality has been recognised by clients and accounting professionals. As testimony to this, we are among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants.
Headquartered in Singapore, Nexia TS has established a strong presence in various countries across the region. Nexia China 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 our clientele with operations and new foreign investments in the respective countries. Nexia International is an international network of accounting and consulting firms with origins going back to 1971 making Nexia one of the longest established firms. Currently, with more than 23,000 professional staff serving our clients at over 600 offices in 100 countries, we are ranked as the top 10 largest international accounting and consulting firms worldwide.
For more information, please visit www.nexiats.com.sg.
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