Ipsos Business Consulting engaged by WAC Holdings for its IPO on the HKEX

CAUSEWAY BAY, Hong Kong - Sept. 16, 2018 - PRLog -- Ipsos Business Consulting engaged as Industry Consultant by WAC Holdings Limited for its listing on the GEM Board of the Hong Kong Stock Exchange (stock code: 8619.HK)on Sep 17, 2018. The group positions itself as well-established construction engineering consultant in Hong Kong which offers professional service on the area of comprehensive structural and geotechnical engineering.

Ipsos Business Consulting's IPO consulting team conducted an Independent Market Review, covering the industry development trends, market demand and competitive landscape of construction engineering consultancy industry in Hong Kong. During the IPO process, Ipsos Business Consulting collaborated with the Group, IPO sponsor and its legal advisors to complete the contents of the prospectus as well as address all follow-up questions from the HKEX.

According to Ipsos Business Consulting's analysis,the total revenue of the construction engineering consultancy industry in HongKong has a gross output value increasing from approximately HK$ 5.2 billion in2012 to approximately HK$ 6.0 billion in 2017, representing a CAGR ofapproximately 2.9%. The revenue of theindustry is expected to continue with the upward trend from approximatelyHK$6,352.5 million in 2018 to approximately HK$6,989.8 million in 2022, at a CAGRof approximately 2.4%.

Other related engagements
• Wang Yang Holdings Limited - Foundation works, superstructure building works and other contraction works
• Polyfair Holdings Limited - Façade and curtain wall works solutions
• Dragon Rise Group Holdings Limited - Foundation and construction
• Wing Chi Holdings Limited - Foundation and site formation
• Ling Yui Holdings Limited - Foundation and site formation
• Vicon Holdings Limited - Foundation main contracting works
• M&L Holdings Limited- Construction equipment

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