Mazars In SIngapore and Hong Kong first successfully listed main board IPO client as joint reporting accountants

On 21 January 2020, Infinity Logistics and Transport Ventures Limited’s public shares were listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX) under the stock code 1442. A strong presence in Southeast Asia, Infinity Logistics and Transport Ventures Limited is a Malaysian-based logistics service provider with business coverage over 15 countries.

ABOUT THE JOINT PROJECT

Leading up to the IPO, Mazars Hong Kong and Mazars Singapore collaborated as Joint Reporting Accountants to bring this fourth largest player as a Non-Vessel-Operating Common Carrier (NVOCC) in the busiest port in Malaysia, public. 

Infinity Logistics' IPO was led by the following Mazars team, who worked closely together to facilitate this significant cross-border milestone: 

  • Rick Chan – Partner, Head of Audit and Assurance, Mazars Singapore
  • Chee Keong Ooi – Partner in Audit, Mazars Singapore
  • Yung Hui Lok – Manager in Audit, Mazars Singapore
  • Paul She – Partner in Audit and Assurance, Mazars Hong Kong
  • Samuel Lam – Senior Manager in Audit, Mazars Hong Kong
  • Frank Lam – Assistant Manager in Audit, Mazars Hong Kong 
Infinity Logistics Listing Ceremony

The Unified Team of Mazars Hong Kong and Mazars Singapore at the Infinity Logistics IPO Listing Ceremony.

REASONS BEHIND THE SUCCESS

Through their combined efforts to ensure a productive working relationship between the two offices, Paul and Rick were able to unite their team members to focus on Infinity Logistics’ best interests. Tasks were delegated according to the immediacy of the involved external parties. While the Singapore office focused on majority of the fieldwork and communication with the client, the Hong Kong office was responsible for liaising with the professionals involved in new listings on the Hong Kong Stock Exchange. This is yet another successful collaboration leading from other successful projects, namely Nexion Technologies and Mindtell Technologies' IPO.

Infinity Logistics side Group photo.jpg

MAZARS’ UNIQUE BUSINESS MODEL

Mazars’ integrated partnership model makes us uniquely equipped to serve clients seeking to expand their businesses across borders. As the number of global clients continues to increase, providing services through a global mindset has become a priority that will likely give rise to more opportunities for collaboration.

Mazarians Group Infinity IPO