Singapore, 11 July 2017 – Baker Tilly TFW, one of the 10 largest accountancy and business advisory firms in Singapore, today completed its third IPO of 2017. Having acted as reporting accountant for Y Ventures, the firm extends its heartiest congratulations to the Singapore-based company on its successful listing on the Singapore Exchange (SGX) and placement of 35 million new shares.
Y Ventures is a data analytics driven e-commerce retailer and distributor with a presence in various online marketplaces such as Amazon, eBay, Qoo10, Lazada and Shopee.
Said Chin Ngai Sung, Y Ventures:
“On behalf of Y Ventures, I would like to thank our reporting accountant, Joshua Ong and his team at Baker Tilly TFW, for their solid foundation work, which was instrumental in our successful listing on the SGX-ST. Owing to their insights and advice, we were able to strengthen our accounting system, identify the most efficient listing structure, and resolve potential issues to meet the rigorous requirements of the SGX and time to market.”
Said Joshua Ong, Baker Tilly TFW:
“We would like to extend our heartiest congratulations to Y Ventures on going public and wish them all the best in their plans for global expansion. IPOs are complex affairs, each having its unique set of intricacies and challenges, which are dependent on factors such as the industry and size of the business. At Baker Tilly TFW, our dedicated and experienced team is elated to have successfully guided another one of our valued clients in getting listed on the SGX.”
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About Baker Tilly in Singapore
Baker Tilly in Singapore provides audit, tax, advisory, accounting, and regulatory compliance services to businesses across Singapore. We help organisations strengthen financial governance, manage risk, meet regulatory requirements, and support sustainable business growth.
Our clients include SMEs, entrepreneurs, multinational corporations, listed companies, and non-profit organisations. With deep industry knowledge and practical insight, we help businesses address financial, operational, and compliance challenges while making informed decisions.
As an independent member of Baker Tilly International, one of the world's largest accounting and business advisory networks, we combine local knowledge with global reach. This enables clients to navigate regulatory change, improve business performance, and pursue growth opportunities across Singapore and international markets.
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