Magic Empire Global Limited is a financial services provider in Hong Kong that principally engages in the provision of corporate finance advisory services. The company's main business activities include IPO sponsorship services, financial advisory and independent financial advisory services, compliance advisory services, and corporate services such as accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relations…
Magic Empire Global Limited is a financial services provider in Hong Kong that principally engages in the provision of corporate finance advisory services. The company's main business activities include IPO sponsorship services, financial advisory and independent financial advisory services, compliance advisory services, and corporate services such as accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relations advisory, and other consulting services.
Magic Empire Global Limited generates revenue through fees charged for its corporate finance advisory services. These include sponsor fees for IPO sponsorship services, fixed or case-based fees for financial advisory and independent financial advisory services, monthly fixed fees for compliance advisory services, and monthly or fixed fees for corporate services. The company serves a diverse client base comprising listing applicants, listed companies in Hong Kong, private companies, and investors across various industry sectors.
The company operates through the following segments: IPO sponsorship services, financial advisory and independent financial advisory services, compliance advisory services, and corporate services.
• IPO sponsorship services involve guiding and advising listing applicants through the IPO process, leading and managing the entire listing process, conducting due diligence, making submissions to regulators, liaising with intermediaries and underwriting syndicates, ensuring sufficient disclosure in prospectus documents, assessing investor interests, managing the public offer process, and maintaining proper books and records. Sponsor fees are determined based on estimated time and work required, complexity of restructuring and listing issues, intensity of listing timetable, and scope of due diligence, and are generally payable in four instalments upon milestone events.
• Financial advisory and independent financial advisory services include advising clients on the engagement of professional parties, transaction structure, legal and compliance matters, financial and treasury management, internal control and risk management, and recommending potential investors. As an independent financial adviser, the company conducts reviews and analyses of proposed transactions, assesses fairness and reasonableness of terms, issues opinion letters to independent board committees and shareholders, and assists clients in obtaining necessary clearances or approvals from the Stock Exchange and/or the SFC. Fees are generally fixed and determined on a case-by-case basis with reference to scope of service, expected time spent, and required manpower.
• Compliance advisory services involve ensuring clients are properly guided and advised on compliance with Listing Rules or GEM Listing Rules, discussing operating performance and financial condition when clients notify of proposed changes in use of IPO proceeds, assessing compliance with waiver terms, evaluating whether profit forecasts or estimates are met, advising on undertakings provided by clients and directors, accompanying clients to Stock Exchange meetings, advising on obligations related to waiver applications, and providing advice upon client requests before regulatory announcements, circulars, or financial reports. Fees are generally a monthly fixed fee determined on a case-by-case basis with reference to scope of service, expected time spent, and required manpower.
• Corporate services include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relations advisory, and other consulting services. Fees are generally a monthly fixed fee or a fixed fee determined on a case-by-case basis with reference to scope of service, expected time spent, and required manpower for performing the services.
Magic Empire Global Limited positions itself as an active financial service provider with a proven track record in Hong Kong's corporate finance sector. The company believes its strengths include a strong and diverse client base, comprehensive service offerings across pre-IPO, IPO, and post-IPO stages, and an experienced and competent management team supported by professional staff. These factors enable the company to build trust, secure deals, retain and attract clients, create synergies across business lines, optimize client coverage, generate diversified revenue sources, and maximize revenue in a competitive market.
Magic Empire Global Limited serves listing applicants and listed companies in Hong Kong, as well as private companies and investors. The clients operate across a diverse spectrum of industry sectors including online advertising, property development, property management services, supply chain management, manufacturing, chemicals, logistics, education, and natural resources and travel. This diversified client base helps mitigate the negative impact of demand fluctuations from cyclical industry sectors exposed to unpredictable downturns due to market condition fluctuations.
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Sector: Financial Services Industry: Capital Markets CIK: 0001881472