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Nexia TS Successfully Completed IPO of UnUsUaL Limited on SGX Catalist Board

April 2017

 

Singapore, 12 April 2017 – Nexia TS congratulates UnUsUaL Limited for its successful listing on SGX Catalist Board on 10 April 2017, placing out 96,990,000 shares at $0.20 each. UnUsUaL has a strong debut on trading day at more than double the issue price. Incorporated in 1997, the group consists of UnUsUaL Productions, UnUsUaL Entertainment and UnUsUaL Development. Nexia TS was appointed as the Reporting Accountant supporting the IPO listing.

 

 

Started off as an audio, staging, lighting and video rental business, UnUsUaL has since grown to become one of the leading names in Asia for concert promotion and production. The company successfully penetrated the arts and drama scene, in addition to organising world-class events and concerts. Apart from geographical expansion, UnUsUaL is also keen to target downstream services such as ticketing platforms and venue management.

 

“Our listing exercise from start to end took approximately only ten months. We have had the good fortune to have Nexia TS as our reporting accountant. The team, despite their youth, was quick to pick up the gist of our business, recommended the appropriate accounting treatment to be in line with FRS, and most importantly, exhibited a strong sense of commercial realism. We are thankful that we have the right partner for this journey.  We have no qualms in recommending Nexia TS to those who are seeking to embark on the journey we just took.”

Tay Joo Heng, Chief Financial Officer, UnUsUaL Limited  

 

“Congratulations to UnUsUaL for its successful listing on SGX. We would like to thank the company for placing its trust and confidence in our team to support them on this important journey. We look forward to a continued partnership with UnUsUaL as they scale to greater heights in the region.”

Henry Tan, Managing Director, Nexia TS

 

About UnUsUal Limited:

The UnUsUaL Group of Companies, consisting of UnUsUaL Productions, UnUsUaL Entertainment and UnUsUaL Development was incorporated in 1997. It started off as an audio, staging, lighting and video rental business and has since grown to become one of the leading names Asia for concert promotion and production. The ability to deliver has seen the company successfully penetrating the arts and drama scene, in addition to organising world-class events and concerts.

 

For more information, please visit www.unusual.com.sg.

 

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 International one of the longest established networks. Currently, with more than 24,000 professional staff serving our clients at over 570 offices in 120 countries, it is ranked as the top 10 largest international accounting and consulting network.

 

For more details, please visit www.nexiats.com.sg.


Media Contacts:

Grace Lui
Head of Marketing Communications
+65 6597 7297
gracelui@nexiats.com.sg

Daniel Chen
Marketing Communications Manager
+65 6534 5700 (ext. 861)
danielchen@nexiats.com.sg