IPO ADVISORY

NGAGE EXPERIENCED PROFESSIONALS FOR YOUR PEACE OF MIND!

Initial Public Offering (“IPO”) involved the regulatory processes for a private company to raise fund and access to future funding for business growth, expansion and to be publicly traded on one of the three stock exchanges of the Bursa Malaysia, namely the Main, ACE or LEAP Markets.

The IPO processes for both financial and non-financial requirements are highly regulated by the Bursa Malaysia and the Securities Commission of Malaysia respectively, notwithstanding mandatory financial reporting compliance to the Malaysian Financial Reporting Standards (“MFRS”), the International Financial Reporting Standards (“IFRS”) and other regulators’ compliances.

Step 1

HOUSEKEEPING

Ensure your businesses financial track records meet the minimum financial requirements of one of the three markets, such as profit after tax, net operating cashflow and market valuation upon listing (for Main Market only).
Ensure your financial track records are audited financial statements that are complied to Malaysian Financial Reporting Standards (MFRS) and your auditors reports issued a "true and fair view" opinion. An approved auditors by the Audit Oversigh Board, over financial track records are encouraged.
Ensure your business strategies, business segments or structures are able to provide optimum business valuation.
Ensure your businesses posses valid relevant licenses and permits.
Ensure your businesses are well managed with relevant experienced directors, management team (CFO, CTO, COO, HR etc) and majority common ownership.
Ensure your businesses and you do not have legal or statutory disputes and default in repayment especially banking facilities.

NGAGE professionals assist the Housekeeping verification of the above and provide a comprehensive report and remedies.

Step 2

PREPARATION

Engage a full team of specialized professionals (investment bankers or sponsors, financial advisors, independent market researchers, reporting accountants, internal control reviewer, legal advisors and other relevant parties such as shariah advisors or property valuers etc).
Prepare an Information Memorandum for your business for pre-IPO consultation with Bursa or SC for valuable feedbacks.
Ensure IPO structure optimize business valuation and met valuable feedbacks.
Ensure due diligence by these professionals are carried out in coordinated manner and their reports are satisfactory (Reporting Accountants report, IMR report, IC report, legal due diligence report etc).
Ensure document for submission to Bursa or SC are comprehensive and adhere to all compliances.

NGAGE professionals assist the coordination and verification of the above as our total support to business owners.

Step 3

SUBMISSION

Engage Bursa or SC for mandatory pre-submission consultation and addresses all queries professionally.
Obtain approvals from other relevant authorities (MITI, Syariah etc).
Prepare for key businesses visit by regulators.
Draft prospectus subject to public exposure period.

NGAGE professionals assist the Submission preparation, coordination and review of all reports of the above.

Step 4

POST-APPROVAL

Appoints Investors Relation professional for roadshows and presentations.
Signs underwriting agreement, if any.
Registration and lodgement of prospectus.

NGAGE professionals assist the Post-Approval work the above.

Step 5

LISTING

Prospectus launching, roadshows and book building exercise.
Allocation of shares and trading of shares commence.

NGAGE professionals assist in the investors engagement of the above.

Step 6

POST LISTING

Ensure financial reports met the quarterly and yearly listing requirements.
Ensure businesses transactions are promptly announced.

NGAGE professionals assist the Post Listing preparation, coordination and review of all reports of the above.

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