DL Holdings required support to buy out a HKSE listed company.

DL Family Office required Acclime’s help in managing all of its backend operations as it focused on acquiring and transforming a listed company in Hong Kong.

  • Client industry:
    Financial services, Investment brokering, Fashion
  • Services:
    Corporate advisor, Listed Company Secretary, Tax consulting and filing, Accounting, HR, Immigration

DL Holdings is a listed company on the Hong Kong Stock Exchange for investment banking services, securities trading, financial advisory, multi-strategy investment fund management, investment research, and financial loans. DL Securities, a holder of Hong Kong Securities and Futures Commission licenses, can engage in Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 6 (Advising on Corporate Financing) regulated activities. Seazon Pacific Limited, a subsidiary of the Group, is an apparel company that provides innovative supply chain management solutions to customers.

The challenge.

DL Family Office, a multi-family office, wanted to restructure and acquire Seazon Pacific Holdings, which was a listed company. It would take two years to acquire a majority stake, after which DL Holdings would amalgamate the traditional financial services business with the fashion business it had bought under a group. All of this process required an experienced and fully competent corporate services provider to fulfil the functions of advisor, company secretary, accountant and HR specialist.

Our solution.

Acclime proposed a complete package solution that would see the firm deliver the following services:

  • Business compliance
    • Trademark registration, business licensing
    • Company secretary
  • Accounting
    • Bookkeeping and transaction processing
    • Financial reporting and management reporting
    • Financing planning and analysis
  • Tax
    • Monthly tax compliance
    • Annual and personal tax return
    • Corporate and personal tax advisory
    • CRS & FACTA
  • HR Outsourcing
    • Payroll processing, reporting, and compliance
    • Employee on-boarding support, preparing HR handbook, drafting and reviewing employee contracts
  • Immigration
    • Work permits and visas
  • Corporate Advisory
    • Business advisory

The result.

The leadership of DL Holdings was able to fully focus on the acquisitions and restructuring knowing that Acclime’s team had their back with constant support with whatever arose in the complex and evolving business. DL Holdings share price had reached $4 in May 2021 and the market capitalisation stood at $3.5bn.

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in Hong Kong.

Saji Mathew, Acclime partner

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