Enhancing Growth
CFO support service
So your company has reached its full capacity with private funding but you still have bigger plans ahead. You went and listed your company but not sure how to manage the complex listed compliance. We provide CFO assistance in listing at Hong Kong Stock Exchange(HKSE) and Singapore Stock Exchange (SGX) for Primary and Secondary Board.
Imagine having a go-to finance expert that could help you solve all of your company’s most challenging financial problems. Now you can take your business to the next level with our flagship CFO-as-a-service offering.
Our Outsourced CFO team complements your business structure, supporting business owners directly, as well as CEOs reporting to Boards. Many businesses are leveraging an outsourced CFO services model that combines the breadth and depth of skills and expertise required of a CFO, all through a single access point.
For HKSE , as at 1 January 2024
Some criteria for Main Board Listing :
Profit test
- Market capitalization of at least HK$500 million (approx. US$63.95 million).
- Profit attributable to shareholders of at least HK$80 million (approx. US$10.23 million) in the last three financial years, with profits of at least HK$35 million (approx. US$4.48 million) recorded in the most recent year and aggregate profits of at least HK$45 million (approx. US$5.76 million) recorded in the two years before that.
Market capitalization/revenue test
- Market capitalization of at least HK$4 billion (approx. US$511.60 million).
- Revenue of at least HK$500 million (approx. US$63.95 million) for the most recent audited financial year.
Market capitalization/revenue/cash flow test
- Market capitalization of at least HK$2 billion (approx. US$255.80 million).
- Revenue of at least HK$500 million (approx. US$63.95 million) for the most recent audited financial year.
- Positive cash flow from operating activities of at least HK$100 million (approx. US$12.79 million) in aggregate for the three preceding financial years.
- In addition, a company must have available sufficient working capital for the group's present requirements, for at least the next 12 months from the date of the prospectus.
*Confused? Why not contact us to plan for your exit strategy.