In Singapore, the first and most important step to convert a private business into a public company is to offer IPO or Initial Public Offering. In a nutshell, this is a procedure wherein the company sells stocks to prospective investors. Moreover, this could also pertain to the company's grand plan to accumulate capital investments, make expansions feasible and establish a respectable company image.
Public companies in Singapore have a lot of privileges, but these are certainly matched with several cons, including a long list of duties to the public and the government. This is why businesses that are considering this option should initially hire a corporate service and consulting firm to find out whether the conversion would be promising. If going public is indeed good for the company, the firm can offer assembling a professional team of lawyers, accountants, and underwriter that will launch the IPO.
To give an entrepreneur a realistic report regarding the business condition, undergoing a process called due diligence is important. This helps determine how prepared and competitive the business is in terms of finances and operations. Due diligence is costly but the information derived from the analysis will serve as the company's official profile to the public and as well as the basis of its value in the Singapore exchange market.
A company has two options when it comes to hiring a consulting firm. It's either they pick a firm that directly manages the IPO to fulfill the listing requirements of the Singapore exchange market or a firm that provide a professional financial institution to lead the IPO. Either way, an IPO requires the service of two professionals: a lawyer who will handle all the legal aspects of registration and listing in the exchange market, and a CPA who will take charge of the due diligence process, affirm the company's readiness for public trade, and help in the preparation for the IPO launch.
There are also consulting agencies that include a team of public relations in their range of services. A public relations team helps sell the company to the investing public by ensuring that the company's image is promising. They generate marketing collaterals to potential share buyers, money managers, and media professionals.
Public companies in Singapore have a lot of privileges, but these are certainly matched with several cons, including a long list of duties to the public and the government. This is why businesses that are considering this option should initially hire a corporate service and consulting firm to find out whether the conversion would be promising. If going public is indeed good for the company, the firm can offer assembling a professional team of lawyers, accountants, and underwriter that will launch the IPO.
To give an entrepreneur a realistic report regarding the business condition, undergoing a process called due diligence is important. This helps determine how prepared and competitive the business is in terms of finances and operations. Due diligence is costly but the information derived from the analysis will serve as the company's official profile to the public and as well as the basis of its value in the Singapore exchange market.
A company has two options when it comes to hiring a consulting firm. It's either they pick a firm that directly manages the IPO to fulfill the listing requirements of the Singapore exchange market or a firm that provide a professional financial institution to lead the IPO. Either way, an IPO requires the service of two professionals: a lawyer who will handle all the legal aspects of registration and listing in the exchange market, and a CPA who will take charge of the due diligence process, affirm the company's readiness for public trade, and help in the preparation for the IPO launch.
There are also consulting agencies that include a team of public relations in their range of services. A public relations team helps sell the company to the investing public by ensuring that the company's image is promising. They generate marketing collaterals to potential share buyers, money managers, and media professionals.
