Weiye Holdings
About the Company
An integrated real estate developer in China that focuses on the development of commercial and residential projects. The company expanded its focus via its high-tech subsidiary and engaged in equipment designed, manufactured and distribution of clean room equipment, heating ventilation and air-conditioning, marine damper and air purifier in Singapore, Malaysia and China.
In addition to their successful developments and expansion, they have achieved dual-listing in Singapore and Hong Kong.
Sub-Industry Focus
Equipment design & manufacturing
Distribution of cleanroom equipment
Heating Ventilation & Air-conditioning
Marine Damper
Air Purifier
Timeline
2018
- Delisted on the SGX-ST
2017
- Dual Listed on the HKSE
2011
- Listed on Mainboard of SGX-ST
1983
- Incorporated
What was the client’s long-term vision?
Client was seeking dual listing in SGX-ST and HKEX to:
- Provide ready access to multiple equity markets across the region
- Increasing the company visibility and attract different classes of investors and increase the liquidity of the shares; and
- Enable the company to benefit from exposure to a wider range of private and institutional investors.
How did InCorp turn the client’s Vision to Reality
Client’s Main Challenges | With InCorp |
---|---|
Tedious expansion and dual-listing process | Achieved smooth transfer of listings and dual-listing process in SGX-ST & HKEX |
Meeting tight deadlines | Met deadlines promptly |
Difficulty understanding compliance rules in Singapore & Hong Kong | Professionally adhered to compliance standards and provided valuable advice on company listing |
Document preparation and review (Annual Report, Announcements etc) | Provided dual Corporate Secretarial Service in Hong Kong and Singapore to assist in preparation of all documents |
We engaged RHT Corporate Advisory (An InCorp company) for corporate secretarial and share registry services for both our parent and subsidiary companies. Over the years, with complete trust in RHT (An InCorp company), we successfully achieved reverse takeover in Singapore and dual-listing in both Singapore and Hong Kong. What seemed really tedious and complex in the beginning was made completely seamless and easy with them
Zhang Wei, Chairman