Mazars contributes to AGV Group Limited's IPO

Mazars Singapore’s Audit team is pleased to be one of the appointed professional firms in assisting AGV Group Limited (AGV) for the successful Initial Public Offering (IPO) on the Singapore Stock Exchange (SGX) registered on 18 August 2016.

Mazars supported the IPO listing as the Reporting Accountant for the IPO. AGV is selling 26.92 million new shares with an IPO invitation price per share at S$0.22. Trading date started 26 August 2016.

The engagement was led by the following Mazars team:

  • Engagement Partner: Rick Chan, Head of Audit
  • Concurring Partner: G Arull, Head of OMB and Risk Management
  • Engagement Director: Narissa Chen
  • Engagement Senior: Toh Soon Heng

AGV is the 2nd company providing hot dip galvanizing services to be listed on SGX. The Company is one of the leading providers of hot dip galvanizing services in Singapore, with over 900 clients from diverse sectors, including utilities, construction, telecommunications, transport, petrochemical, defence, aerospace, automotive and general industrial markets.

This marks the second successful IPO of our clients in Singapore this year where Mazars played a significant role. Congratulations to AGV and the Mazars IPO team!