
Constructing value
in building maintenance
With history dating back to 1960, Yat Sing is a respected name in the Hong Kong building maintenance and renovation services industry. The decision to go public was a major step for the owners of the business.
Yat Sing’s Chairman, Mr Wilson Liu selected TC Capital as the sponsor for the listing after seeing a few sponsor firms.
“The listing was an interesting new challenge for us,” said Mr Liu. “Working with TC Capital made the journey quite enjoyable. We were very impressed at their work ethic. During crucial periods they were on the job from 9 or 10am until 5am the next day, sending us hourly progress updates by email.”
The due diligence procedure included scrutiny of documents going back 50 years to the company’s foundation. A detailed and comprehensive analysis of all the company’s projects for three years prior to the listing was prepared in the prospectus.
“TC Capital was very professional and took good care of our company during the listing process.” said Mr Liu. “Their prompt and clear responses to stock exchange enquiries certainly expedited the process.”