Initial Public Offerings

Pre-listing internal control review (PN21 for Main Board and PN2 for GEM Board)

The application of listing on the Stock Exchange of Hong Kong Limited (SEHK) with respect to Listing of Securities in Practice Note 21 (PN21) on Main Board listing or Practice Note 2 (PN2) on GEM Board listing requires the sponsor to conduct due diligence on the Listing Applicant's risk management and internal control mechanism to enable the sponsor to declare to the SEHK that the new applicant has adequately established relevant procedures, systems and controls.

How we can help:

Directors and sponsors should perform independent assessment on the new applicant’s established procedures, and internal controls mechanism (including accounting and management systems). They can outsource the independent assessment to us and we, as trained professionals, will assist them to fulfill their obligations under PN21 or PN2 in a efficient, timely and cost effective manner.

We have extensive experience in providing pre-listing risk management and internal control review services. In the past few years, we collaborated with a substantial Listing Applicants from various industries and sponsors by providing our professional due diligence services which enable them to fulfill their requirements under PN21 or PN2.


Our Risk Management Services

We have solid experience in offering our clients practical solutions regarding risk management and internal control issues. With the support from Crowe Global, which is ranked among the top 10 global accounting networks, we are able to provide comprehensive risk advisory and internal audit services through our extensive group of network firms.