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Nexia TS Signs Collaboration Memorandum with AngelCentral to Empower Startups for IPO Journey


MOU signing with Henry Tan, Group CEO & Chief Innovation Officer of Nexia TS, and Huang Shao-Ning, Partner & Chief Angel of AngelCentral

Singapore, 9 September 2019 – Nexia TS sets sights on empowering startups in their entrepreneurship journey towards IPO. At the recent signing ceremony of Memorandum of Understanding (MOU) with AngelCentral, one of the fastest growing communities of angel investors in Southeast Asia, both parties agreed that financial viability is critical to the ongoing success of any business.

Not all businesses are the same therefore AngelCentral’s membership-based platform plays a vital role in connecting startups to a network of professional connections that fits into their circumstances. Recognising the huge challenge that entrepreneurs with limited resources have to face in order to create long-tern business value, agility is the key to grasp the opportunities ahead.

Business owner and co-founder of Nexia TS, Henry Tan, who has assisted in many IPO listings said, “Every business idea starts with a story. Behind each successful story lies a long and complex journey. It has to be clear, and fundraising through IPO is an important part of this startup journey. “ He adds on, “We are excited to partner with AngelCentral to bridge this process between angel investors and startups. Wherever business juncture you are at, we are here with a practical roadmap of financial and advisory solutions attuned to your business considerations. When you partner with Nexia TS, your entrepreneurship journey is never alone.”

Huang Shao-Ning, Chief Angel & Partner of AngelCentral said, “AngelCentral is happy to be partnering with Nexia TS to support both startups and angel investors with their growth. With the MOU, we look forward to working closely and better support our members and the ecosystem as a whole.”

Leading the Nexia TS’ team for AngelCentral, Advisory Leader, Chin Chee Choon, sees the opportunity purposeful as entrepreneurship is one of the core tenets of Singapore’s economy. Chin can be contacted at +65 6597 7291 or ccchin@nexiats.com.sg to find out more about the professional services spanning across Audit, Taxation, Risk Management & Internal Audit, Valuation & Transactions, M&A Advisory, Technology Advisory, Data Analytics and more.

About AngelCentral:

AngelCentral is one of the fastest growing communities of angel investors in Southeast Asia. We organise regular curated pitch sessions, angel education workshops and provide syndication services. The idea for AngelCentral started in late 2016 as a community initiative by the Partners to share their personal experiences and lessons learnt on angel investing. As they meet hundreds of startups annually, they decided to further value add via pitch sessions, where promising startups present and pitch to interested angels. With the initial success and validation of their efforts in 2017, AngelCentral incorporated officially in February 2018 with the mission to build a community of effective angel investors in Southeast Asia. In 2018, AngelCentral trained >200 angels and raised >S$6m for the startups that they featured. For more details, please visit www.angelcentral.co

About Nexia TS:

Founded in 1993, Nexia TS today is recognised as an established mid-tier local accounting firm. Headquartered in Singapore, the firm has strong presence in various countries across the region. Nexia TS Shanghai is a one-step 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 710 offices in 120 countries. It is ranked as the top 10 largest international accounting and consulting network. For more information, please visit www.nexiats.com.sg

Media Contacts:

May Tan
Marketing Communications Manager
+65 6534 5700 (ext. 861)
maytan@nexiats.com.sg

Valerie Teo
Senior Marketing Communications Executive
+65 6534 5700 (ext. 707)
valerieteo@nexiats.com.sg