MarcumBP expands into Southeast Asia with new office in Singapore’s Marina Bay financial hub | business
NEW YORK & SINGAPORE–(BUSINESS WIRE)–Aug. July 2022–
MarcumBP (MBP) announced the opening of its new office in Singapore. The office will support its growing practice of Southeast Asian clients seeking access to global capital markets through an initial public offering (IPO) or Special Purpose Acquisition Company (SPAC) merger. At the same time, MBP maintains its 20-year leadership in the Chinese market.
The office is located in the Marina Bay Financial Center – home to some of the world’s premier financial services companies – at 8 Marina View, Asia Square Tower 1, #07-05 Singapore 018960, downtown Singapore.
The firm’s expansion into Singapore is fueled by high demand for specialist auditing and consulting services for Asia-based companies. MBP is the only accounting firm with its own SPAC team for Asia.
“MBP is uniquely positioned to support Southeast Asian companies seeking a route to US capital markets,” said Drew Bernstein, co-chair of MarcumBP. “The Southeast Asia region is emerging as a financial hub for Asia with a strong pipeline of venture capital and private equity backed innovative companies.”
“While these emerging ‘unicorns’ ponder how to sustain their growth, many are looking to the US markets to optimize their valuations and gain ongoing access to deep pools of liquidity. MBP offers an integrated “one company solution” to provide audits that are US GAAP and PCAOB compliant, supported by a team with high-level technical expertise and extensive experience in the region.”
MBP Managing Director Pearl Peng has relocated to Singapore from Hong Kong to support the expansion of MBP’s presence in Asia. Peng heads the company’s capital markets business in Asia.
MBP performs all Greater China Audits for Marcum LLP. In Southeast Asia, MBP acts as an independent public accounting firm for companies listed in the US through an IPO or merger with a US-listed SPAC and provides non-audit advisory services to SPAC managers and operating companies listed in Singapore or Hong Kong are stock exchanges.
“With our strong experience base in reviewing Chinese issuers listed in the US market, MBP has expanded our client list to include Indonesia, Singapore, Malaysia and other Southeast Asian countries,” said Neil Pinchuk, co-chair of MarcumBP. “We continue to see strong demand for our services in China as companies navigate an evolving regulatory environment and maintain the confidence of international investors. As we drive this expansion, MBP seeks to set the standard for responsiveness and exam quality in the region.”
About MarcumBP
Marcum Bernstein & Pinchuk LLP (MBP) is an independent public accounting firm focused on providing cross-border services to public and private companies. The firm is one of the leading audit and assurance services for Chinese companies in the US stock markets. MBP is the only accounting firm with its own SPAC team for Asia. The Company designed its exam platform to provide the technical acumen, efficiency, and urgency required for SPAC IPOs. Headquartered in New York City, MBP has offices in major cities in China including Beijing, Tianjin, Shanghai, Guangzhou, Hangzhou and Singapore.
Learn more at www.marcumbp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220727005283/en/
CONTACT: Media
Rachel Gerber Kule, Managing Partner, Pursuit PR
KEY WORD: NEW YORK SINGAPORE UNITED STATES NORTH AMERICA ASIA PACIFIC
INDUSTRY KEY WORDS: FINANCIAL CONSULTING CORPORATE ACCOUNTING PROFESSIONAL SERVICES
SOURCE: Marcum Bernstein & Pinchuk LLP
Copyright Business Wire 2022.
PUB: 7/27/2022 12:00 PM / DISC: 7/27/2022 12:02 PM
http://www.businesswire.com/news/home/20220727005283/en
Copyright Business Wire 2022.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.