AIM IPO update: Grand Group Investment PLC

The Moore Stephens Corporate Finance team successfully advised Grand Group Investment PLC, a private equity investment business, on its admission to the AIM market of the London Stock Exchange on 27 January 2015. This admission is the third Asia-Pacific company Moore Stephens has brought to the AIM market within the past six months.

Grand Group is a private equity investment business which identifies and invests in small to medium sized companies with high growth potential in China. The company raised £7.1 million (gross proceeds) to invest in new portfolio companies.

Xiaoyu Lee, Director of Grand Group commented: “We hope to build a longstanding relationship with Moore Stephens as we continue to grow and our investments mature. Moore Stephens understood the cultural difference in doing business in China and provided a seamless service between their international network. We would highly recommend Moore Stephens for accountancy and corporate finance advice.”

The Moore Stephens team, led by Marty Lau and assisted by Ryan Biscomb, acted as Reporting Accountants for the transaction. Marty leads the Corporate Finance China Services Desk, which provides solutions to successful Asia-Pacific businesses with global growth strategies.

Marty Lau commented: "We are delighted to be involved in the transaction. This latest AIM admission takes the total number of Chinese/Asia-Pacific companies trading to 49, with more in the pipeline. This further cements the AIM market as an attractive and lucrative option for international companies seeking growth."

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