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ShineWing admits new member firm in Indonesia

ShineWing admits new member firm in Indonesia

ShineWing further expanded into Indonesia by admitting Hadibroto as a new member firm, increasing the client service coverage in the Asia-Pacific region. Hadibroto, a leading consulting and accounting firm in Indonesia, joined the ShineWing International network in the beginning of 2018. Following the addition of two new members firms in Malaysia and United Kingdom in 2017, the establishment of a member firm in Indonesia reflects ShineWing’s global strategic plan and continuous growth.

Hadibroto, founded in 1963, is headquartered in Jakarta with other four offices in Riau, Medan, Batam and Gorontalo. It provides a wide range of services to local and international clients, including audit and assurance, accounting, taxation, advisory and legal services.

Mr. Zhang Ke, Chairman of ShineWing International, said “We are excited to welcome a new professional member firm in Indonesia to our network. Indonesia is an emerging market in Asia. With this expansion, we are able to support the diverse needs raised from our substantial client base. We look forward to creating more exciting opportunities in this fast-growing economy for clients all over the world.”

“We are pleased to join ShineWing International which is an extensive global network with good reputation among clients. By offering our local knowledge and experience, we hope to strengthen the synergy effect on cross-border engagements,” said Mr. Ahmadi Hadibroto, Managing Partner of ShineWing Indonesia.
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ShineWing Hong Kong and ShineWing Malaysia joined forces to participate in the In Style • Hong Kong Expo in Kuala Lumpur, Malaysia

ShineWing Hong Kong and ShineWing Malaysia joined forces to participate in the In Style • Hong Kong Expo

ShineWing Hong Kong and ShineWing Malaysia joined forces to participate in the In Style • Hong Kong Expo in Kuala Lumpur, Malaysia. We were pleased to have a ShineWing consultation booth to provide a platform to help Malaysian companies to understand more on our professional services and how best we can help on capital raising via IPO in HKEx for clients.
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ShineWing International Partners Conference 2017 in Hong Kong

ShineWing International Partners Conference 2017 in Hong Kong

ShineWing International Partners Conference 2017, hosted by ShineWing Hong Kong brought over 130 partners from all members firms across 24 cities of the ShineWing network together to strengthen relationship, discover new opportunities, and explore ShineWing’s strategy under the challenge of an ever-changing market. View Video

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ShineWing International establishes its presence in Malaysia to support China’s Belt & Road Initiative

ShineWing International establishes its presence in Malaysia to support China’s Belt & Road Initiative

ShineWing International, announced that it has established ShineWing Malaysia through the formalisation of the relationship with TY Teoh International, a leading chartered accountants, tax, transfer pricing, valuation and consulting firm in Malaysia. The business in Malaysia will be conducted under the name of ShineWing TY Teoh.

Speaking at the signing of the membership agreement in Beijing and Kuala Lumpur recently, the Founder and Chairman of ShineWing International, Mr. Zhang Ke addressed Malaysia as a strong arm for investments to ASEAN and is becoming a more and more popular destination especially for Chinese investors, in sectors such as eCommerce, high-speed transportation, infrastructure, construction and etc.

“Malaysia being a key country of the one Belt one Road initiative and leveraging on the ShineWing network, expertise and geographical presence in China, ShineWing TY Teoh is well-prepared to help China business ventures set up their businesses in Malaysia hassle-free”, said Dr TY Teoh, the Founder and Group Managing Partner of ShineWing TY Teoh.

One of the first Chinese accountancy firms to go overseas, ShineWing International was listed in the top 20 world international firms ranked by International Accounting Bulletin (IAB) and was selected as the winner for the category “Rising Star Network” for the International Accounting Bulletin (IAB) Awards 2015.

ShineWing TY Teoh is a leading regional chartered accountants, tax, transfer pricing, valuation and consulting firm with office presences in Johor Bahru, Muar, Kuala Lumpur, Perak, Penang and Labuan which provides a diverse spectrum of business solutions and consulting services to public listed companies, Fortune 500 companies, multi-national corporations, local small and medium companies representing a cross section of major industries.

 

Under Dr TY Teoh’s leadership, ShineWing TY Teoh has grown to become a Top 20 largest accounting firm in Malaysia ranked by International Accounting Bulletin (IAB).

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ShineWing has expanded its global presence through the addition of a new member firm in Egypt

ShineWing has expanded its global presence through the addition of a new member firm in Egypt

ShineWing has expanded its global presence through the addition of a new member firm, ShineWing Ayman Fathy Kamel, in Cairo, Egypt.

Ayman Fathy Kamel, headquartered in Talaat Harb Square, Central Cairo, with 61 years of history, offers audit and assurance, accounting, tax, business advisory and consulting services. The firm has substantial experience in serving global groups, listed companies, private enterprises and individuals as well as governments and organizations, including the EU and UN. Its client base spans a variety of industries including manufacturing, construction, healthcare, hotels and resorts, agriculture, non-profit, retail, funds and professional services, etc.

Mr. Zhang Ke, Chairman of ShineWing International and Dr. Ayman Kamel, Managing Partner of ShineWing Ayman Fathy Kamel, were both excited to get to the breaking new ground, as clients and prospects would benefit from the power of a stronger ShineWing network.

Mr. Zhang Ke said, “ShineWing as always demonstrates intense commitment to quality and efficiency while we move forward into an era of international growth. It is important that we have strong member firms which are fully in line with our strategies and goals. Today, One Belt One Road initiative offers great opportunities for partnerships between Chinese and Egyptian companies, and ShineWing is well-placed to support the diverse financial needs of these businesses. Egypt would also strategically be the springboard for ShineWing’s expansion in Africa and Middle East. I am delighted to welcome a new ShineWing member firm in Egypt, which extends our global coverage.”
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ShineWing welcomes a new member firm from Pakistan

ShineWing welcomes a new member firm from Pakistan

Hameed Chaudhri & Co., Chartered Accountants, a Pakistani accounting firm joined the ShineWing International network and the signing ceremony was held at Beijing on October 23 2015. This is another major development of the internationalization of ShineWing, following the merger with Moore Stephens Melbourne in early 2015.

Previously, Mr. Zhang Ke, Chairman of ShineWing International has engaged in several meetings with the Pakistani party about the cooperation. Mr. Osman Chaudhri and Mr. Muhammad Ali, the Managing Partner of Hameed Chaudhri & Co., Chartered Accountants also paid a visit to Beijing in July. They highly rated the business performance of ShineWing and expressed their intention of becoming one of the member firms of ShineWing.

The headquarters of Hameed Chaudhri & Co., Chartered Accountants is based in Lahore, Pakistan. This firm was founded in 1957 and enjoys a renowned reputation in the accounting profession in Pakistan. Hameed Chaudhri & Co., Chartered Accountants has 6 partners and 80 professional practitioners. The services provided by the firm include audit and assurance, tax, risk assessment, risk management, consulting, etc. It has a large client base in Pakistan. The admission of Hameed Chaudhri & Co., Chartered Accountants to the ShineWing network indicates that ShineWing, as an international brand with Chinese origin, is widely recognized in the accounting profession in Pakistan. ShineWing International has achieved a breakthrough in the region of South Asia, expanding its reach to Pakistan.
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ShineWing won the “Rising Star Network” Award 2015

ShineWing won the “Rising Star Network” Award 2015

ShineWing won the prestigious International Accounting Bulletin (IAB) Award for the first time, which was announced at the IAB: Forum & Awards 2015 held in London on 1 October 2015. ShineWing has finally won the “Rising Star Network” Award.

Earlier, ShineWing was also nominated as the finalist for the category “Sustainable Firm of the Year”, facing strong competition from fellow networks KPMG and Crowe Horwath International. Mr. Zhang Ke, Chairman of ShineWing International was also chosen as one of the finalists for the category “Lifetime Achievement Award”.
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Moore Stephens Melbourne joined ShineWing

Moore Stephens Melbourne joined ShineWing

This February, the Melbourne member firm of Moore Stephens joined ShineWing and merged with ShineWing Melbourne. The firm formally began practising under the name ShineWing on 1 February 2015. The entity after the merger was named as ShineWing Australia. Launch events were successfully held at Melbourne and Sydney respectively.

On 5 February 2015, more than 260 guests from governments, commercial enterprises and other business parties in China and Australia were invited to the celebration cocktail at Melbourne Museum. Mr. Tim Pallas, Treasurer of Victoria and Counselor Liu Yu, the Consulate General of the People’s Republic of China (PRC) in Melbourne attended the event to deliver congratulatory speeches. Mr. Zhang Ke, Chairman of ShineWing International and Mr. Marco Carlei, Managing Partner of ShineWing Australia both expressed their confidence in the development of ShineWing Australia.

On 9 February 2015, another launch event was held at Sydney Opera House. Counselor Peng Gang, the Consulate General of the PRC in Sydney was invited to the event and offered the warmest congratulations on the launch of ShineWing Australia. Many Chinese enterprises with branch offices in Australia also sent representatives to this celebration event, including Yanzhou Coal Mining, Sinopec, Datang Telecom, State Grid, China Coal Energy, China Telecom, China Unicom, Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications (China), China Railway Rolling Stock, Shanghai Zhenhua Heavy Industries, etc.

ShineWing Australia is formely Moore Stephens Melbourne, a firm that has enjoyed 80-year history of delivering exceptional services for Australian businesses. By now, ShineWing Australia has more than 30 partners and over 250 professionals. The merger with Moore Stephens Melbourne marked a significant breakthrough for ShineWing since the admission of the Melbourne member firm in 2008. ShineWing Australia would continuously commit to providing comprehensive, integrated and efficient services for Chinese and Australian enterprises.

Earlier, Mr. Zhang Ke and Mr. Ye Shaoxun, Managing Partner of ShineWing China had met Mr. Song Yumin, the Consul General and Counselor Liu Yu from the Consulate General of the PRC in Melbourne for a constructive meeting. Mr. Song Yumin believed that ShineWing Australia could help the cross-border companies maximise the value of their investments and act as an effective platform for the economic ties between China and Australia.

Also, invited by the Department of State Development, Business and Innovation of the State of Victoria, ShineWing representatives attended a business meeting with the government officials including Mr. Peter Armstrong, Executive Director of Invest Victoria, Office of State Development. Mr. Peter Armstrong hoped that ShineWing with the enviable reputation and premium services could strategically help to attract new opportunities in investments and stimulate active bilateral information exchange.
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ShineWing International ranked 19th among the global accounting networks

ShineWing International ranked 19th among the global accounting networks

International Accounting Bulletin (IAB) released the results of World Survey 2015 in its January 2015 issue. ShineWing International ranked 19th among the global accounting networks, based on fee and staff data. 7% growth rate was reported. It was the second time that ShineWing International held its position as 19th in this survey since 2014.

IAB is the global magazine covering the professional accountancy world. IAB tracks fee income and staff information from accounting networks and associations globally and organizes the annual rankings. The World Survey is widely recognized worldwide by different media organizations and institutions.

Mr. Zhang Ke, Chairman of ShineWing International said, 「The result implied that Chinese accounting firms have brought growing influence and gained increasing recognition in the global market. ShineWing will continue to strive for professionalism and expand our services to the world.」

ShineWing International, registered and incorporated in Hong Kong in 2014, is an international network of independent accounting and consulting firms. The establishment of ShineWing International was officially announced in 2015. Existing member firms include: ShineWing China, ShineWing Hong Kong, ShineWing Singapore, ShineWing Japan and ShineWing Australia.