ShineWing TY TEOH recently continued its China–Malaysia engagement with a visit to its SW Shenzhen office, where Teoh Toh Yeap, Group Managing Partner met with the local team and Mr. Tang, Managing Partner to discuss potential opportunities in water supply, infrastructure, investment, and cross-border business development.

During the meeting, Teoh Toh Yeap exchanged views with the Shenzhen team on the growing business and investment connections between Shenzhen and Johor. Discussions explored potential opportunities arising from the development of infrastructure, water-related projects, and investment initiatives, as businesses from both regions increasingly look towards cross-border cooperation.

The growing connection between Shenzhen and Johor also presents opportunities for greater investment cooperation. In 2024, Shenzhen Shenyue Investment, Iskandar Waterfront Holdings and PLS Plantations signed an MoU to explore the development of a Johor–Shenzhen Industrial Park and Innovation Hub, highlighting the potential for closer economic ties between the two regions.

Teoh Toh Yeap, said: “We believe there is strong potential for businesses in China and Malaysia to work together. Shenzhen has developed a strong business and investment ecosystem, while Johor continues to offer new opportunities for development and investment. We look forward to exploring meaningful opportunities that can create long-term value for both markets.”

Through the visit, ShineWing TY TEOH continue to strengthen their professional network and explore opportunities that support business development, investment, and sustainable growth across China and Malaysia.

Teoh Toh Yeap, Group Managing Partner, ShineWing TY TEOH recently visited the new headquarters of Kibing Group in Shenzhen, China, where he met with the Group CEO and the headquarters team. The visit provided a valuable opportunity to strengthen communication with ShineWing TY TEOH’s valued client and exchange views on Malaysia’s local business environment, investment landscape, and business opportunities.

During the meeting, Teoh Toh Yeap shared his observations on Malaysia’s market and discussed the importance of understanding local conditions when developing long-term business and investment plans.

“Malaysia continues to offer opportunities for companies looking to establish and expand their presence in Southeast Asia. Understanding the local environment and maintaining good communication are important foundations for sustainable business development,” said Teoh Toh Yeap.

Teoh Toh Yeap also expressed his appreciation to Kibing Group for its continued investment and presence in Malaysia, noting that the Group’s commitment reflects the growing business connections between China and Malaysia.

The visit was a meaningful opportunity for ShineWing TY TEOH and Kibing Group to exchange perspectives and strengthen their ongoing relationship. Teoh Toh Yeap expressed his appreciation for Kibing Group’s continued investment in Malaysia and looks forward to seeing the Group’s business develop further in the Malaysia market.

ShineWing TY TEOH is pleased to share that Teoh Toh Yeap, Group Managing Partner recently visited a leading Grandall Law Firm in Beijing, China, as part of ShineWing TY TEOH’s ongoing efforts to strengthen professional relationships and explore opportunities for collaboration between China and Malaysia.

During the visit, Teoh Toh Yeap engaged with the law firm’s professional team to exchange insights and discuss potential areas of cooperation, particularly in supporting businesses with cross-border opportunities, market expansion, and professional advisory needs between the two countries. The visit provided a valuable opportunity for both parties to better understand the respective business environments and explore ways to work together in the future.

Through this engagement, ShineWing TY TEOH continue to strengthen their network of professional relationships across the region, fostering greater opportunities for cross-border collaboration and business development. ShineWing TY TEOH remains committed to connecting businesses with trusted professional partners and supporting clients as they explore new markets, expand their operations, and pursue sustainable growth opportunities.

ShineWing TY TEOH looks forward to developing this professional relationship further and exploring future China–Malaysia collaboration opportunities.

Teoh Toh Yeap, Group Managing Partner, ShineWing TY TEOH recently visited Shanghai to meet with Mr. Pei, Group Vice President of 上海德衡数据科技有限公司 (Shanghai DC-Science) and the company’s leadership team. The visit provided an opportunity for both sides to exchange views on Malaysia’s local business environment, investment landscape, and opportunities for business expansion.

During the meeting, Teoh Toh Yeap shared insights into Malaysia’s market conditions, business environment, investment considerations, and local opportunities, helping the Shanghai DC-Science team gain a better understanding of the Malaysian market. The discussion also provided an opportunity to exchange views on Malaysia’s business environment and the considerations involved in ShangHai DC’s investment and business development in Malaysia.

ShineWing TY TEOH sincerely thanks Mr. Pei and the ShangHai DC team for their time, confidence, and continued interest in Malaysia. We appreciate their efforts and commitment to exploring investment opportunities in the country and look forward to supporting their Malaysia expansion and contributing to stronger China-Malaysia business and investment collaboration.

We are proud to share SW International’s latest highlights from the International Accounting Bulletin World Survey 2026, as we continue to grow and strengthen our global presence.

SW International recorded a global fee income of USD 793.8 million for the year ended December 2025, marking a solid 8% year-on-year growth. Today, SW International brings together 12,083 professionals, including 664 partners, across 112 offices worldwide, highlighting our expanding footprint and enhanced capabilities across key markets.

This year, we are also pleased to see strong momentum across our service lines, with year-on-year income growth of:

• +29% in Accounting
• +18% in Tax
• +8% in Advisory
• +5% in Audit & Assurance

Notably, SW International is ranked #7 in the Asia Pacific region, reflecting the network’s deep-rooted presence and growing influence across Asia Pacific — a region that remains central to our strategy.

These results capture the strength of our network and reaffirm our commitment to delivering high-quality, value-driven professional services from Asia Pacific to the world.

We extend our sincere appreciation to our member firms, our people, our clients, and our partners. Their continued trust and collaboration serve as the true catalyst for the network’s success — driving growth, strengthening the network, and shaping the future.

SW International is pleased to announce the further expansion of its global network with the admission of new member firms in the Democratic Republic of the Congo (DRC) and the Republic of Guinea (Guinea). These additions strengthen the SW network’s presence in Central and West Africa, enhancing our ability to deliver high-quality, locally grounded services across a broader geographic footprint.

In the DRC, TIAFRICA FINANCES SAS has officially joined the network as SW TI DRC, bringing a team of 42 professionals across 4 offices in Kinshasa, Lubumbashi, Fungurume and Kolwezi. Established in 2012 and accredited by the National Order of Chartered Accountants of the DRC (ONEC/RDC), the firm delivers audit, accounting, tax, advisory and finance services, mobilizing specialist resources as needed and partnering with leading local and international firms to deliver added value. SW TI DRC serves clients across a broad range of sectors, including governmental bodies, education and training, hospitality and tourism, retail and consumer goods, telecommunications and manufacturing, and is particularly well-positioned to support growth opportunities in battery metals and natural resources, energy and infrastructure development, agribusiness and agro processing, as well as the expanding financial services and digital economy.

We are pleased to announce the launch of the Prospectus by PSP Energy Berhad (“PSP Energy”), marking an important milestone in the Company’s journey towards its proposed listing on the ACE Market of Bursa Malaysia Securities Berhad.

PSP Energy’s Prospectus was issued on 11 November 2025 in conjunction with its Initial Public Offering (“IPO”), representing a significant step in the Company’s corporate development and preparations for becoming a publicly listed company.

Acting as PSP Energy’s Pre-IPO Consultant, ShineWing TY TEOH was honoured to support the Company throughout its pre-IPO journey, working closely with its management team and professional advisers.

“Throughout PSP Energy’s pre-IPO journey, ShineWing TY TEOH was honoured to support the Company and its management team. It was a privilege to contribute strategic guidance during the preparation process and to witness PSP Energy reach this important milestone,” said Teoh Toh Yeap, Group Managing Partner of ShineWing TY TEOH.

This achievement marks an important milestone in PSP Energy’s IPO journey. We remain committed to helping businesses achieve their capital market aspirations and unlock new opportunities for growth.

We congratulate PSP Energy and its management team on this significant achievement and look forward to witnessing the Company’s continued progress towards its proposed listing on Bursa Malaysia.