(17th October, Taipei City) GreenPro Capital held its very first seminar in Taiwan with the topic of “How to securitize your company in the shortest period of time?” together with Leader Capital Holdings Corp at Hwa-Young Hotel, Taiwan. The event officially marks GreenPro first move in the vibrant Asian city in serving the emerging growth companies within the region. The one-day seminar has attracted more than 100 entrepreneurs from various industries, many are there to obtain knowledge on cross-border listing and securitization, and surely as a business person, this event also serves as a great opportunity for attendants to meet potential business partners.
The seminar highlighted the current development and trend of the international capital market, analyzed the impact of securitization on the development and sustainability of corporates today. The speakers have presented some of the main financing channels in which companies today are utilizing on with strong facts and figures, together with the sharing of some successful cases on companies who have listed themselves in the United States. The seminar aims to provide the Taiwanese entrepreneurs with a better understanding of the international capital market operation and the available channels which could assist them to attain more financing. The seminar also underlined how a corporation can get securitized fast in the rapidly developing world today while expanding their market and overcoming their challenges.
Vincent Tan, the Vice President of GreenPro Capital is also the main speaker for the event. Having been involving himself in the financial world for many years, he demonstrated a well-analyzed data and development trends of a few different capital markets in recent years. He pointed out that securitization is an effective way to solve corporates’ difficulty in financing, especially for SMEs. It also helps to accelerate their business development and provides better regulation for their business management. However, going public in the local stock market is not as easy as a piece of cake, in fact, almost impossible for the startups due to the strict and high financial requirements set by the Taiwanese and Chinese stock exchanges. As the startups often possess negative profit during the first few years of business operation, it is now gradually common for the Chinese and Taiwanese corporates to get listed overseas.
There are three major stock exchanges in the United States, namely NYSE, Nasdaq and OTC Markets. Vincent emphasized in his speech that the US capital market has always been known for its high flexibility. As different US stock markets provide different financing services, as long as the company meets the listing requirements of the specific market, it can then proceed to apply for registration and listing with the SEC (Securities Exchange Commission), this is especially so for the OTC Markets. GreenPro Capital is in itself a successful example of rapid securitization. Established in 2013 and self-listed on the OTC Markets in 2014, GreenPro Capital utilizes securitization as a tool to integrate the resources through M&A (merger and acquisition), hence, expanding its market globally and get up-listed to the Nasdaq in July 2018.
Vincent added, GreenPro Capital had chosen to get listed on the OTC Markets before it can be better prepared in meeting the more stringent financial requirements of the main boards, in which similar mean has also been used by various renowned corporates in the past too. It is widely perceived that financing is one of the most encountered problems for startups today because their company value often remains undiscovered. As their rather small business scale and asset-light business model have made it harder for them to obtain a bank loan. Knowing that there are many high potential Taiwanese startups who aim to enter the international capital market, GreenPro hopes these entrepreneurs could get inspired and better understand the benefits and operation of securitization after attending the seminar.
GreenPro as an international financial firm who specialized in cross-border listing services and wealth management has been hosting many events throughout the region, with informative and realistic sharing of knowledge on securitization. With many years of actual practices, expertise and experience in the international capital operation, GreenPro Capital and Leader Capital have the confidence to assist the Taiwanese entrepreneurs to step up their game and venture into the international capital market. With the right methodology, the Taiwanese companies are expected to successfully establish themselves in the international arena in the near future with the guidance and assistance from GreenPro and Leader Capital. Through securitization, these companies can strengthen their core competencies and integrate international resources more effectively.
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GreenPro Capital Corp.(NASDAQ: GRNQ) is one of the fastest growing financial services company in the Asia Pacific. GRNQ provides tailored professional advice and wide range of business solution services to businesses located in Asia and South-East Asia. The comprehensive range of cross-border business services include, but not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax planning. GRNQ also operate venture capital business in the region, which incubates and invests in emerging growth companies in the region, to maximize and capitalize stakeholders’ values globally at personal and corporate level.
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