Due diligence in an Initial Public Offering (IPO) - Workshop 2018

It is important for finance professionals and management in SMEs to be updated on key corporate financial issues in IPOs and related due diligence processes. Identification of the key problems prior to going to the capital market would avoid potential risks and financial losses for the target company and investing public.

In this workshop, gain an understanding on IPO and its related risks and issues. You will also gain an overview on HK listing regime and regulatory framework for listing process and procedures.

Key topics covered:

• The Equity Offering Process
  - Summary of key events; offering structure / marketing
  - Key success factors for an equity offering
  - Underwriting fees and expenses
  - Corporate reorganisation
  - Key qualifications for listing on the local exchange
• Due Diligence Process
  - What is due diligence
  - Types of due diligence (financial, legal and commercial)
  - How a CPA help prepare for due diligence
  - Expected results of a good due diligence
  - Case sharing

Trainer profile:

C.K. Poon FCPA (Aust.) has been working in the financial and securities field for more than 26 years. He has extensive experience in listing regulatory, governance, and corporate finance advisory. He also lead a number of sizable Main Board and Growth Enterprise Market of The Hong Kong Exchanges and Clearing Limited equity transactions.

Mr Poon holds a master degree in international accounting, a postgraduate certificate in laws, a LLB and a bachelor degree in business studies. He is FCPA (Aust.), a fellow member of the Institute of Chartered Secretaries and Administrators, The Hong Kong Institute of Chartered Secretaries, and Hong Kong Securities and Investment Institute. He is also a director of certain listed companies. He had been an independent director of such company as Tsingtao Brewery Company Limited (A/H shares).

Learning objectives

• Get an overview on HK listing regime and regulatory framework for listing process and procedures
• Understand what IPO means
• Identify the risks, financial and compliance issues involved
• Recognise the key role of CPA in the process

Audience

This workshop is suitable for CPA, auditors and management who will be or are involved in the equity offering process or in the execution of due diligence process in M&A.