| Year | TCBS Team Track Records |
|---|---|
| 2008 |
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| 2011 |
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| 2013 |
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| 2014 |
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| Client |
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IPO Services
Guidance、Filing、Underwriting
1
Guidance
(1~2 years)
Lead
- IPO process planning
- Check the unsuitability for listing
- Plan for equity structure
- Fund raising
- Establish the internal control system
- Other consultant service
Guidance
Assistant
2
Listing on emerging stock market
(6 months)
Lead
- Apply for public issuance
- Apply for listing on emerging stock market
- Lead securities underwriter
- Subscription at least 500,000 shares
Guidance
Assistant
- Serve as assistant securities underwriter
- Subscription at least 100,000 shares
3
Authority review
(2~3 months)
Lead
- Deliver the evaluation report
- Assist in compiling a prospectus
- Assist the company to communicate with the authorities
Filing
Assistant
4
Listing on TWSE/OTC
(2~3 months)
Lead
- Serve as a lead securities underwriter
- Apply for listing
- Negotiate the stock price and public subscription
- Assist to hold inverstors conference
Underwriting
Assistant
- Serve as assist securities underwriter
- Arrange public subscription
SPO Service
TSEC/OTC listed company
Fung raising needs
(Operating/Plant building...)
Choose the best way
| Procedure | Cost of capital | Application process | Selectivity | |
|---|---|---|---|---|
| Bank financing | Simple | Fixed interest rate | Short | Less,debt increases. |
| Equity commodity products for capital market | Complex, must be conducted by underwriter and examined by authority. | Underwriting expenses at least 5 million,plus capital costs determined by capital market. | 2 to 3 months for application and examination. | Diversified options,the company can choose to increase capital or issue CB. |
| Straight corporate bond | Simple | Coupon rate、underwriting fee and bank guarantee rate | Relatively short | Less,debt increases. |
Financial Advisory Service
Structural planning and evaluation analysis
- Propose the key points of shares releasing, such as investment structure, shareholding structure,related tax or legal issues that may arise from transactions, and propose suggestions and plans.
- Analyze the impact for major shareholders on the trading structure.
- Assist in evaluating and screening suitable investors.
Transaction value analysis
- Conduct due diligence for fund shares releasing project，coordinate with CPAs and lawyers.
- Evaluate the case with other external Fas and discuss the DD result.
- Assist the company to discuss the transaction evaluation with inverstors.
Negotiate and sign with investors
- Assistant the company and investors to agree on the main terms of cooperation and sign a Letter of Intent
- Assist the company to discuss the detail term sheet with the investors.
- Assist the company to sign the contract with the investors and complete the transaction.
Investment planning and execution
- Plan the investment structure and recommend the procedures.
- Reivew investors' information、Letter of Intent and Definitve Agreement.
- Integrate with other external professionals.
IPO/SPO
| Name | Title | Tel | |
|---|---|---|---|
| Calson Huang | Head of Department | (02)2396-9955 | calson.huang@tcbs.com.tw |
Underwriting
| Name | Title | Tel | |
|---|---|---|---|
| Calson Huang | Senior Manager | (04)2226-8588 #3188 | calson.huang@tcbs.com.tw |