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SW International Partners Conference 2023 in Jakarta, Indonesia

SW International Partners Conference 2023 in Jakarta, Indonesia

SW International held its International Partners Conference 2023, hosted by SW Indonesia, in Jakarta, Indonesia, from 23 to 25 May 2023. The conference brought together over 130 SW partners across the world.

This year’s theme, “Sustainable Quality Growth in a Challenging World”, aimed to provide delegates with opportunities to understand the changes taking place in the global market, and identify new opportunities globally through improved collaboration and communication among member firms.

Mr. Michell Suharli, CEO of SW Indonesia, expressed his warm welcome to all the partners who participated in the conference and highlighted the growth potential for SW Indonesia. “We are honored to host this year’s International Partners Conference in Jakarta and provide our Partners with one of the most thrilling experience to explore the beauty and uniqueness of Indonesia. This conference created a platform for us to shed light on varied topics including global network, geopolitical future and digital innovation. Formulating a strategic response is essential for a successful global network. We take pride on maximizing our capacity and offering a complete range of services. As we stress on collaboration within our expanding network and catalyst for accelerating transnational success, SW Indonesia works closely with all global partners to leverage our knowledge and expertise to create value for clients and make contribution to the network.”

Mr. Zhang Ke, Chairman of SW International, said, “Despite three years of the COVID pandemic, SW International has continued to evolve. Our network is increasingly recognized as a strong and well-managed organization with positive growth prospects. As we navigate through the changes, developments and trends in the international accounting industry, we remain our commitment to strengthen multi-disciplinary capabilities through diversifying services and enhancing international collaboration. In the next two years, we target to increase the number of member firms considerably and empower our member firms to improve quality and management, especially under the technological wave. Together, we are expanding growing influence in the world and creating a stronger professional services brand, which is built upon our connected dream and spirit of cooperation.”

Mr. Marco Carlei, Managing Director of SW International, added, “At SW International, we focus on key strategic initiatives to build a strong and diverse global network of member firms. We are keen to welcome new member firms that align our goals and purpose, demonstrating strong leadership, a clear and effective strategy, a significant scale of operations and resources, global capabilities and a deep cultural understanding in the local market. This conference has brought up an excellent opportunity and vision for all of us to further discuss international referrals and secondment, strategic support and business development, allowing us to further achieve a higher global market presence for SW.”

The conference featured other prominent guest speakers who offered insights and advice on critical issues and development trends.

General (Ret) Moeldoko, Ph.D, Presidential Chief of Staff, previously serving as Commander of the Indonesian National Armed Forces delivering a presentation on geopolitical future

Prof. Dr. Ir. Richardus Eko Indrajit, M.Sc., M.B.A., M.Phil., M.A., Rector Universitas Pradita and expert in Information Technology, Digital Innovation and Informatics Research delivering a presentation on digital innovation – macro view

Mr. Bing Li, Head of Asia Pacific of Bloomberg delivering a presentation on future economic outlook

4 new member firms, including Chile, Turkey, Saudi Arabic and Spain gave an introduction about their firms and deliberated on the strengths and opportunities of the regional markets.

The conference program included panel discussions and breakout sessions on specific topics such as future services across ESG, technologies and wealth management, international collaboration and referrals, audit quality control policy, taxation for multinational companies, consulting services, management strategies, etc.

This conference was designed to further strengthen relationships among member firms and develop the future through sustainability, quality, innovation and collaboration. Overall, the SW International Partners Conference 2023 was a resounding success, enabling our partners to come together to develop strategies to navigate the ever-changing global market.

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CapBridge and ShineWing TY Teoh partner to offer liquidity solutions to private businesses in Malaysia

CapBridge and ShineWing TY Teoh partner to offer liquidity solutions to private businesses in Malaysia

Asia’s leading private markets platform CapBridge and consulting firm ShineWing TY Teoh announces partnership following a closed-door signing event on 18th May 2023.

Private companies, as well as clients of ShineWing TY Teoh, will now be able to tap into
CapBridge Financial Group’s full suite of private market alternatives, including, fundraising, and direct listing on 1exchange (1X) – the first MAS-regulated private securities exchange in Singapore.

As one of the biggest consultancy firms in Malaysia with over 200 employees, ShineWing TY Teoh’s clientele includes businesses at various stages of their growth journey. Through the partnership, aside from providing their regular suite of corporate services, Shinewing TY Teoh will be able to further value add by enabling growth of their business with the suite of liquidity and capital formation solutions from CapBridge

TY Teoh, CEO of ShineWing TY Teoh, said, “Companies typically require customised and flexible solutions for their business needs. At ShineWing TY Teoh, we provide our clients a comprehensive suite of corporate advisory services. With our partnership, we aim to further value-add by providing them direct access to other alternatives, including the opportunity to list privately in Singapore – Asia’s financial hub.”

Headquartered in Singapore, CapBridge is a member of CapBridge Financial Group, a fully integrated licensed ecosystem, comprising of CapBridge – a private markets platform and 1exchange, a secondary exchange for direct private listings of businesses. Offering flexible, customisable liquidity solutions under one roof, with the ability tailor cost efficient solutions to meet SME’s needs.

In April, Malaysia-based A-PLUS-BOSS listed on CapBridge’s 1exchange with a successful ceremony at SGX, the first public-in-person event for the group since the pandemic. Malaysia-based wellness and aesthetics provider Danai Wellness, under Crigen Resources Bhd, is also the first company to graduate from 1exchange and progress onto a public exchange in Australia.

Johnson Chen, Founder and CEO of CapBridge, added, “The private capital markets space is fast evolving especially in today’s climate as we strive to bridge accessibility and provide liquidity alternatives for companies. We are pleased to have the new support of ShineWing TY Teoh as our preferred partner in Malaysia to pave the way and expand our reach to private companies in Malaysia. The partnership will also provide an opportunity for us to venture deeper into the Malaysian market.”

For inquiries, please visit:
https://www.shinewingtyteoh.com/contact/#enquiry
#shinewingtyteoh #CapBridge #liquiditysolutions #privatebusinessinmalaysia

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SW International appoints a new member firm in Saudi Arabia

SW-Saudi Arabia-01

SW International appoints a new member firm in Saudi Arabia

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SW International has further enhanced its international representation by appointing Adel & Abdullah Aboulkhair as our member firm in Saudi Arabia, effective 1 January 2023. This admission is a continuation of SW’s global growth strategy following the recent admission of SW Spain.
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Mr. Zhang Ke, Chairman of SW International, said: “Strategically located at the heart of major trade routes crossing three continents with bountiful natural resources, Saudi Arabia plays a key role in today’s global economy. The recent visit by Chinese President Xi Jinping to the Kingdom underlines the emerging opportunities presented by the Arab world and its expanding global ties. We are very excited to welcome the team from Adel & Abdullah Aboulkhair to our SW network, enabling us to cater to the fast-growing business landscape in Saudi Arabia and strengthening our presence in West Asia and Middle East.”
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Mr Marco Carlei, Managing Director of SW International, added: “I am very pleased to welcome this diverse and globally-minded professional firm of Adel & Abdullah Aboulkhair to the SW network. We are confident that our Saudi Arabian member firm can provide the support and services expected by our international clients, particularly as Saudi Arabia and neighbouring regions are opening their markets and encouraging international investment.”

Mr. Adel Abdullah Aboulkhair, Managing Partner of Adel & Abdullah Aboulkhair, said: “We take pride in our 20-year history together with our experienced and well-trained specialist teams. We have built close relationships with our clients, which in many cases span local and global markets. Joining the SW network marks a milestone in our growth journey, aligning with our vision for international development.”

Mr. Abdullah Adel Aboulkhair, Partner of Adel & Abdullah Aboulkhair, commented: “Saudi Arabia’s socio-economic transformation is unleashing exceptional growth across different sectors. The strength and untapped opportunities of our country, combined with the reputation of the SW brand, shall allow us to enhance and grow our services considerably. We believe our admission to the network will be of significant benefit to our clients, partners and staff.”
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Our member firm in Saudi Arabia currently has 4 offices in Riyadh, Jeddah, Dammam and Khamis Mushait. It provides an extensive range of professional services including audit and consulting services to all sorts of local and multinational clients.

Representatives from SW International and Adel & Abdullah Aboulkhair joined together at a virtual signing ceremony to celebrate the new chapter of our growth story in West Asia and Middle East.
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SW International extends its global presence in Europe with a new member firm in Spain

SW-Spain-01

SW International extends its global presence in Europe with a new member firm in Spain

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SW International is pleased to announce the admission of a new member firm in Spain, effective 1 January 2023, expanding our global network and enhancing our service offerings in Europe.
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Mr. Zhang Ke, Chairman of SW International said, “Through months of engagement including undertaking a comprehensive mutual due diligence process, we formed the view that our core values, culture and mutual aspirations for global development were aligned. Their admission will be of significant benefit to clients of our international network which will considerably enhance our client services in Europe. We also look forward to having the opportunity to serve the Spanish clients, which are continuing to invest globally into markets where SW International has a significant presence.”
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Mr. Marco Carlei, Managing Director of SW International, said, “This expansion demonstrates our commitment to the region as we continue to grow across Europe. Our Spanish firm is a highly reputable professional practice with global links and will play an important role in our SW network supporting our cross-border client base internationally particularly in Europe.”

Ms. Loreta Calero Pérez, CEO of SW Spain, said, “We are confident that our firm is a strong fit in vision and purpose for the SW network. We are proud of our 30-year history of delivering exceptional client service focused on local, national and global collaboration, as well as our agile, innovative and creative teams. Joining the SW network marks a crucial stage in our growth journey, that we take the lead in driving successes to match the evolving needs of our partners, clients and people.”
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Mr. Alvaro Pericas, Partner of SW Spain, said: “Over the past 40 years, Spain and China have strengthened the bilateral relationship in all areas, which is also reflected in China’s position as Spain’s third largest export market. This presents increasing opportunities for us to help our clients achieve growth not just in China, but also across Latin America, North Africa and Asia. Leveraging our strength in the European Union, we are excited that we shall bring our cross-border client services to a new height.”
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The new member firm was formerly a member of a top ten international network with offices in different cities in Spain. The firm specialises in providing industry-focused audit and assurance, accounting, tax, legal and advisory services throughout Spain and neighbouring regions.
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SW International admitted as a Member of the Forum of Firms

SW International admitted as a Member of the Forum of Firms cover

SW International admitted as a Member of the Forum of Firms

We are delighted to announce that SW International was officially admitted as a member of the Forum of Firms (“FoF”) on 1 July 2022. Joining the FoF, a prestigious and globally recognised association of international networks of accounting firms under the International Federation of Accountants (“IFAC”), is a momentous milestone for SW International and will be of great benefits to our member firms across the world.

Being a FoF member affirms SW International as a network committed to delivering high quality transnational audit services. Mr. Zhang Ke, Chairman of SW International, stated: “In order to gain FoF membership, SW International had to demonstrate it had successfully implemented a global quality monitoring program to monitor the effectiveness of member firms’ audit quality control policies and procedures. The program ensures that member firms of SW International and their personnel comply with professional standards and applicable legal and regulatory requirements. Our admission to FoF steps up our long-term strategy to enhance our consistent application of quality control and ethical requirements globally.”

SW International’s FoF membership will enable us to engage constructively in global developments of the accountancy profession and work at par with firms that perform transnational audits. The FoF membership will provide members of SW International with enhanced reputation and business opportunities, for example in gaining transnational audits of world class financial services institutions and large multi-national companies.

Looking forward, SW International, as a member of FoF, will foster sound and close relationships with international regulatory and standard setting bodies. With a globally integrated quality management system, we are dedicated to ensuring a consistent application of high-quality audit practises across the network and creating global growth opportunities for both our clients and our people.

About the Forum of Firms

The FoF is an independent association of international networks of firms that perform transnational audits. The Forum’s objective is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide — bringing together firms that perform transnational audits and involving them more closely with IFAC’s activities in audit and other assurance-related areas. Forum members must demonstrate their commitment to adhere to and promote the consistent application of high-quality audit practices worldwide, as detailed in the Forum’s Constitution, operating procedures, and governance arrangements.
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SW International hosted its 2022 Managing Partners Forum

managing partners forum-2022

SW International hosted its 2022 Managing Partners Forum

managing partners forum-2022
SW International hosted its 2022 Managing Partners Forum on 9 August 2022, bringing together SW International’s Board Members and Managing Partners from 17 countries/regions. The on-line forum focused on recent network developments, strategic business co-operation, professional services, audit quality, and talents recruitment.

Mr. Zhang Ke, Chairman of SW International, presented statistics on the network’s steady growth over the years. He acknowledged the lead role of managing partners who acted as the navigators steering the direction of their firms. He continued, “In a turbulent period of economic, political and social volatility, SW remains agile and independent in providing world-class professional services.”

Mr. Marco Carlei, Managing Director of SW International, shared SW international’s development strategy and strategic planning of talents retention through the network’s global mobility program. He said, “Asia Pacific, Middle East, Latin America, South Africa and Western Europe will continue to be the key areas of focus for SW International. When selecting our future partners, our priorities are quality of work, service capability, as well as brand and culture.”

Mr. Mauricio Benitez, International Partner of BLTA, together with Mr. Ricardo Ihnen and Mr. Tsz-Hsin Shen, Managing Partner and Partner of Eluchans, both SW International members in Chile, made an introduction of their respective firms’ historical origins, organisational structure, professional teams and service offerings. In particular, they shared how the implementation of China-Latin America economic and trade and the “Belt and Road” initiative in Latin America aligned with SW International’s growth strategy.

Ms. Leanne Liang, Chair of SW International’s Quality Management Committee and Ms. Eve Wang, Global Monitoring Leader, elaborated on SW International’s globally co-ordinated monitoring program and process. Ms. Liang added, “SW International’s FoF membership has demonstrated that our network’s auditing and financial reporting practises are in line with international requirements and standards.”

Mr. Roy Lo, Board Member of SW International and Managing Partner of SW Hong Kong, continued with the various brand and marketing initiatives. He said, “We are planning to launch a global community engagement campaign which is set to run concurrently across all SW member firms. The campaign celebrates our commitment to collectively making philanthropic efforts through volunteering activities or charity opportunities in the communities where we live and work.”

Mr. Kunal Mehra, Managing Partner of SW India, introduced SW India’s newly established Global Shared Services. He stated, “Offshore services provide a myriad of benefits to business looking to maintain a competitive edge. This is not only cost effective, but also enables businesses to enhance efficiency and have access to global pool of workforce.”

The Managing Partners Forum drew upon insights from our member firms, while highlighting the importance of resilience amid changes in the global landscape at all times. With our continued focus on quality and independence, we look forward to serving both global and Chinese enterprises with a broader vision and accelerating their successes.
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SW expands its global footprint in South America with 2 new associate firms

SW expands its global footprint in South America with 2 new associate firms

SW is pleased to announce the addition of 2 associate firms in Chile, namely BLTA and Eluchans Abogados, to drive growth and enhance service offerings in South America.

Mr. Zhang Ke, Chairman of SW International, said, “As an emerging global accounting network with distinctive and dynamic vision, SW International has been committed to partnering with suitable and distinguished partners in South America to help expand the business of our clients. Both BLTA and Eluchans Abogados have teams of dedicated and experienced professionals as well as far-sighted management team with clear strategic blueprint, being well aligned with SW’s vision for delivering quality services. We are truly happy to have two robust and outstanding professional firms to join our global network, establishing an important bridge for SW to connect with the clients in the South American market.”

Mr. Mauricio Benitez, International Partner of BLTA, said, “We are thrilled to represent the network in Chile and this move would empower us to integrate resources and further grow our business in the long run. We have a proven track record of serving Chinese enterprises in the South American market. We firmly believe that joining SW International can allow us to better explore a wide variety of transnational opportunities and provide clients with quality and sound professional services through our close collaborations among member firms within the network.”

Mr. Edmundo Eluchans, Former Speaker of the Chilean House of Representatives and Senior Partner of Eluchans Abogados, together with Partner Mr. Guillermo Malatrassi, and Mr. Tsz-Hsin Shen commented, “We’re proud to be part of the SW network. Eluchans Abogados is well established in Chile with a long history of providing professional and high-quality legal services to local and international clients. Clients from Asia have been our key strategic focus for the development of our firm. As China continues to be one of the major drivers behind the global economic growth, we also strive to provide professional services for Asian clients who are looking to expand and grow in Chile. We look forward to creating more exciting opportunities in South America for clients all over the world.”

Mr. Roy Lo, Board Member of SW International and Managing Partner of SW Hong Kong added, “Leveraging our growing local expertise and global knowledge, and through our close collaborations among member firms, SW will be focusing on delivering new and better experiences for our global clients, becoming more agile and reaching untapped markets to compete in a globally connected world. I am certain that having Chile representatives in our network would enable both parties to grow our business together and strengthen our position in South America.”

BLTA is a professional services firm based in Santiago, Chile, registered in the Registry of Companies of External Auditors of the Commission for the Financial Market (CMF). It provides a broad range of professional services, covering tax and legal consulting services, financial audit, internal audit, convergences to IFRS standard, risk management, business process outsourcing. Their teams of professionals are dedicated to serving clients with Chinese, English, German and Spanish backgrounds.

 

Eluchans Abogados has a long history that could be dated back to 1914. It is a Chilean law firm with extensive experience in a wide variety of industries spanning across infrastructure and real estate, mining and energy, manufacturing and processing, food and agricultural products, information technology, financial industry, non-profit organizations. It specializes in cross-border mergers and acquisitions, corporate restructuring and liquidation, foreign investment and international trade, labor law, government qualification applications, banking and finance law, and consumer protection.

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2021 ShineWing International Partner Conference

2021 Shinewing Partner Conference

2021 ShineWing International Partner Conference

SW held its 6th annual International Partners Conference on 9 and 10 November 2021, attended by over 200 partners from 16 countries and regions. The 2-day on-line conference featured the theme of “Transformation of cross-border collaborations in a post-pandemic world”, focusing on key strategic collaborations among member firms to seize new opportunities globally.

We were glad to unveil our new brand to the world during the conference, highlighting a major milestone in the rapid growth of SW’s global network and echoing our global vision of developing SW into a world-leading brand in professional services.
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ShineWing unveils a dynamic new brand in SW to support global growth strategy

catalyst-for-success

ShineWing unveils a dynamic new brand in SW to support global growth strategy

ShineWing International, a global network of independent accounting and advisory firms, today unveiled a new look to the world that included a new simplified brand name SW, along with new logo design and visual identity. It is a complete rebrand to better reflect the global nature of businesses and target markets, while also capturing our position as a global professional network with deep Asian roots.

The various dots in the new logo represent SW’s rapidly growing global professional services network, with three orange dots in an arrow shape illustrating our capability to drive progression. The modern calligraphy-style font echoes the SW network’s heritage while recognising our dynamic look and image.

The rebrand comes at an important time amid business and wealth growth around the world as it starts to emerge from a pandemic hibernation. Our industry is reshaped by the convergence of accounting practices across multiple jurisdictions, ever-changing regulatory requirements, along with different tax reforms. A deep local knowledge of the laws, regulations and business culture is extremely valuable, as businesses and individuals look to maximise efficiency. We have the reach and resources to deliver precisely that expertise.

“Our branding was in need of a revamp to reflect the nature of the business, which is now radically different from how it was years ago,” said Mr. Zhang Ke, Chairman of SW International. “The new branding represents the growth and global reach of SW, while maintaining continuity in our history and strengths.”

The new SW tagline, “Catalyst for success”, puts emphasis on how SW supports and accelerates the process of achieving the aspirations of clients, member firms and employees, driven by a rapidly expanding network of offices with the expertise to facilitate transnational opportunities.

The SW network now has more than 10,000 professionals, including over 480 partners, located in more than 80 offices in 16 regions around the world.

Mr. Marco Carlei, Managing Director of SW International added, “Our strategy is to expand growth in Europe, Africa, Middle East, America and other parts of the world. We are a leading international professional services organisation that has deep roots in Asia. We remain totally committed to offering quality and seamless services and creating benchmarks for the future. We look forward to growing our presence and business to drive continued success.”
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ShineWing TY TEOH has invited as one of the judging panel to the Malaysia National Business Awards 2021

Malaysia IBA
Invitation to judge the Malaysia IBA

ShineWing TY TEOH has invited as one of the judging panel to the Malaysia National Business Awards 2021

ShineWing TY TEOH has invited as one of the judging panel contributed to the credibility of the Malaysia International Business Awards 2021. Other panelists include the representative from Deloitte, BDO, KPMG, RSM and Mazars.


Malaysia National Business Awards is an initiative to honour exceptional local businesses in Malaysia. The awards will recognize the contributions of local firms to SEA economies.


The inaugural Malaysia National Business Awards is a prestigious event that recognises exceptional homegrown companies in Malaysia. The program will recognise the remarkable contributions of local firms to Southeast Asia economies.


Watch this short video to know more! 

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