Philip Tan

Professional Experience
Philip has over 15 years of financial, auditing and accounting experience with an international accounting firm. 
He has been involved in audits covering a wide range and spectrum of industries including construction and real estate development, property management, shipping, manufacturing, transportation, plantation, trading and retail. Philip has serviced local listed companies in Malaysia and Singapore as well as US, Japanese, European and UK based multinational companies. 
In the last 3 years, Philip has been actively involved in capital market transactions in Singapore, including initial public offerings (“IPO”), reverse takeovers and other capital market transactions. In these transactions, he had project-led the accounting work streams to ensure milestones were met and applicable regulations were complied. This also involved liaising with investment banks and law firms on financial information disclosure requirements.

Credentials
• Graduated from La Trobe University in Bachelor of Economics (Accounting)
• Member of the Institute of Singapore Chartered Accountants
• Member of CPA Australia
• Member of the Malaysian Institute of Accountants

Contact
Email: philipjctan@nexiats.com.sg
DID: +65.6597 7296

Nexia TS has established a strong track record in IPO advisory and reporting accountants work as follows:

• We were Pre-IPO Consultant for 10 public listings and were one of the pioneers in bringing China companies to list on SGX
• We were the Reporting Accountant for the first listing on Catalist, Mencast Holdings Ltd, in 2008. 
• In 2009, we assisted in 5 successful IPOs out a total of 25 IPOs in Singapore during that year.
• From 2010 to 2013, we have shown a consistent record of 2 successful IPOs per year.
• We were also the Reporting Accountant for the first successful IPO in 2013.

To-date, our firm is serving more than 80 public listed clients in various industries from oil & gas, marine, construction, engineering, electronics, telecommunications to food & beverage and waste management.

The process of raising capital from the public capital markets and the preparation for listing require the expertise of qualified professionals. In this regard, we are pleased to offer our professional services in the following areas:

IPO Advisory
• Financial diagnosis to identify areas of improvement and assess for IPO readiness
• Advise on corporate restructuring and reorganisation and any tax implications
• Review of accounting and internal controls with recommendations provided
• Assist in Pre-IPO funding or sourcing of investors
• Assist in shortlisting of professional advisors
• Assist in compilation of information into the Prospectus which includes historical financial analysis and profit projections

Reporting Accountants
• Audit the listing group in compliance with the SGX listing requirements and the International Financial Reporting Standards
• Review and prepare the Compilation Report on the listing group for the periods under review
• Review profit forecasts of the listing group and issue of comfort letter
• Review computations of financials required in the Prospectus
• Review of working capital requirements and issue of comfort letters

About Nexia TS
Nexia TS was founded in 1993 by two experienced certified public accountants - Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation - not any accounting firm - but one which is unique in their personalised and well qualified expertise.

To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of the Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and good services at competitive rates in Singapore and globally. Our desire for quality has been recognised by clients and the accounting profession. As testimony to this, we are among the first local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants.

The Nexia TS group of companies comprises mainly Nexia TS Pte Ltd, Nexia TS Public Accounting Corporation, Nexia TS Tax Services Pte Ltd, Nexia TS Risk Advisory Pte Ltd, Nexia TS Advisory Pte Ltd, Nexia TS Technology Pte Ltd, Nexia China Pte Ltd and Nexia TS (Shanghai) Co. Ltd.