In order to manage, first measure. An accurate valuation of your business is critical to successful management.

In order to manage, first measure. An accurate valuation of your business is critical to successful management.

Real estate is often the most valuable asset on the balance sheet. When was the last time you had it reliably valued?

Real estate is often the most valuable asset on the balance sheet. When was the last time you had it reliably valued?

Often overlooked but always critical. Typically machinery & equipment is only considered for managing depreciation.

Often overlooked but always critical. Typically machinery & equipment is only considered for managing depreciation.

Peter Coleman attended the 9TH Djakarta Mining Club Networking Event

Peter Coleman attended the 9TH Djakarta Mining Club Networking Event

Forensic Director, Peter Coleman, attended the 9TH Djakarta Mining Club Networking Event on October 30TH 2014 at JiExpo Kemayoran Jakarta. The function was held in conjunction with the Exhibition by Reed Panorama Exhibition, the "Mining and Engineering 2014". It was attended by over 70 attendees of both members and non members.

 

Censere Opens Jakarta Office  

Censere continues to extend its network throughout Asia Pacific with the opening of our Jakarta office. This is our 13th office and we continue to look for new opportunities in Asia to provide further assistance to our Clients.

Contacts details for Jakarta can be found  here.

Brett Shadbolt and Peter Coleman attended 2nd Annual Momentum Events Oil & Gas Anti Corruption Event

Brett Shadbolt and Peter Coleman attended 2nd Annual Momentum Events Oil & Gas Anti Corruption Event
Brett Shadbolt and Peter Coleman attended 2nd Annual Momentum Events Oil & Gas Anti Corruption Event

Censere CEO, Brett Shadbolt, and Forensic Director, Peter Coleman, attended the 2nd Annual Momentum Events Oil & Gas Anti Corruption event at the Hotel Icon in Houston, Texas on the 22nd and 23rd of September. Speakers at the event included US regulators from the Securities Exchange Commission and Department of Justice as well as leading authorities in Anti Corruption from oil companies, oil supply companies, NGOs and other private and public sector organisations concerned about the issue of bribery and corruption in the Oil & Gas industry. More than 80 delegates attended the event over the two days. Brett and Peter were the only representatives from the AsiaPac region and brought some very relevant insights to the interactive sessions during the event. Key issues that came out of the event included a clear message from the regulators that the Foreign Corrupt Practices Act continues to be an important part of the United States Government's foreign policy and that US companies and foreign companies operating in this industry can expect increased scrutiny of their business activities in this high risk industry particularly in high risk countries. Fines in the order of up to US$500 million have been levied in recent times as well as the disgorgement of profits and other penalties. One critical statistic that was presented was that the average cost per day of a FCPA investigation is more than US$250,000 and many of these investigations will run for up to one year or more. Clearly the potential cost of failing to comply with the FCPA in the Oil & Gas industry should be a significant reminder of the need to comply. Censere has three of the most experienced FCPA investigators in Asia with Peter Coleman, Richard Batten and Rupert Utley.

Censere Group’s new office in Kuala Lumpur

Censere Group’s new office in Kuala Lumpur
Censere Group’s new office in Kuala Lumpur

Censere Malaysia office staff are excited to be moving to a brand new building (Oval Damansara) in Kuala Lumpur.The new office will be more spacious to cater to our growth and will also have a training facility for up to 40 people. Oval Damansara is centrally located with a direct access to the Kuala Lumpur City Centre, KL Central as well as other business hubs in the city. 

The new office reflects Censere’s strong growth as well as client commitment in Malaysia. Our office in Malaysia will be headed by Mr. Adie Gupta who has recently relocated from our Sydney office. Our new address in Kuala Lumpur from 15 October will be: 26-3A, Oval Damansara, Off Lebuhraya Sprint, Batu 7, Taman Tun Dr Ismail, 60000Kuala Lumpur, Malaysia.  

 

Censere Hired 5 New Staff for Shanghai Office

Censere Hired 5 New Staff for Shanghai Office

“Censere Group continues its rapid expansion within the China region by adding 5 new staff to its technical team in Shanghai. The new staff, with backgrounds in the valuation industry, Big 4 accounting firms and International banks, will further enhance Censere’s operation in Greater China. Both Beijing and Shanghai offices offer a full range of our services including, Business Valuation, Property Valuation, Forensics Accounting, Operational Due Diligence and Research. We are excited about our new development in China and the contribution of our company to further regional growth within the financial services industry.”

1st Japan-ASEAN Business Forum in Singapore

1st  Japan-ASEAN Business Forum in Singapore

On 3rd  September 2014, Mr. Brett Shadbolt, CEO of Censere Group, was invited as a guest speaker and panelist to participate in the “1st Japan-ASEAN Business Forum in Singapore”. In this event, organized by ICMG Financial Services, Mr. Shadbolt discussed the challenges and opportunities of entering into ASEAN region as well as Greater China.  He also emphasized on the importance of partnership with intermediaries, such as Taiwanese companies, in order to better access the Chinese market. The event was well received by the Japanese business community in Singapore.

 

Singapore: Cocktail Party

Singapore: Cocktail Party

On 4th September 2014, Censere Singapore hosted a cocktail party to celebrate the launch of its new Forensic Services. With over 50 guests and clients packing the Singapore office, Mr. Brett Shadbolt, CEO of Censere Group introduced the new service offering adding that, “this will strengthen our existing due diligence capabilities and ability to serve our clients”. The key forensic directors leading the service are: Mr. Peter Coleman (Indonesia); Mr. Richard Batten (Thailand and Mekong Region); and Mr. Rupert Utley (Hong Kong & China). 

 

Singapore: Mining, Oil and Gas Training Seminar

Singapore: Mining, Oil and Gas Training Seminar

On 3rd September 2014, Censere Academy Singapore conducted a three hour training seminar on Mining, Oil & Gas (“MOG”). The event was well attended, with participants coming from a range of backgrounds.   The event was led by key experts in Censere’s MOG team consisting of Mr. Brett Shadbolt (CEO) and Mr. Shawn Morvotjoe (Associate Director), who shared their considerable knowledge and insights with participants. The Censere experts covered a range of subjects including: the life-cycle of an MOG company; valuation techniques for MOG; common issues in MOG valuations and resource & reserve measurement. 

Hong Kong: Start-Up Business Valuation Presentation

Hong Kong: Start-Up Business Valuation Presentation

On 25th July 2014, Mr. Daniel Martin an Associate Director in the Censere Hong Kong office presented to a group of selected business start-ups at the Cyberport Entrepreneurship Centre in Hong Kong. These selected start-ups were all at different funding stages: some had received their first injection of external capital and others were still being funded by the founders. The three hour informal valuation session covered a range of valuation topics including: what is valuation (purpose and impact); valuation from a buyers and sellers perspective; the cost of a bad valuation; valuation techniques and justification of the business valuation. 

 

Censere Conducted Workshops For HKICPA (July 2014)

Censere Conducted Workshops For HKICPA (July 2014)

Censere was recently invited by The Hong Kong Institute of Certified Public Accountants ("HKICPA") to conduct a series of workshops for their members for the second year. The workshops were designed to provide participants with an integrated understanding of valuation, with a particular emphasis on the practical issues relating to valuation and valuation principles which underpin them.

Censere Launches Forensics Services

Censere Launches Forensics Services

We are pleased to announce the launch of our Forensics services. The development of a forensics team fits well with our objective of helping clients make better investment decisions while minimising risk.

We have several key people joining Censere to spearhead this initiative, with new Directors to be stationed in Bangkok, HK and Jakarta. This will strengthen our due diligence capabilities and enable Censere to provide additional services relating to:

•  Fraud, corruption, anti-money laundering investigations

•  Integrity risk advisory

•  Expert witness and dispute resolution

Continue reading

Censere acts for China Moly in Northparkes Deal

Censere acts for China Moly in Northparkes Deal

Censere was appointed by China Molybdenum in its US$820m acquisition of Northparkes copper and gold mine. Censere conducted a valuation of the mine for disclosure purposes in accordance with Chapter 18 of the HKEX listing rules. Our report was including in a  circular to shareholders in relation to the acquisition.

Censere Awarded Quamnet Outstanding Services Award 2013

Censere Awarded Quamnet Outstanding Services Award 2013
Censere Awarded Quamnet Outstanding Services Award 2013

Censere was awarded the Quamnet Outstanding Services Award 2013 for Business Appraisal and Valuation Services. This is the second consecutive year Censere has won the same award. The winners list can be found here

 

Please Follow the link to an interview with Censere's CEO and Managing Director.

Censere's CEO, Brett Shadbolt, accepting the award on behalf of Censere, stated "we are extremely pleased to have received the Quamnet award for a second time, this is a trend we hope to continue".

Censere wins the IAIR Sustainability Award

Censere wins the IAIR Sustainability Award

The IAIR Asian Awards took place on 22nd of November, 2013 at the Sheraton Hotels & Tower in Hong Kong. Censere has been awarded the 2013 Best Company for Sustainability Strategic Advisory (Asia Pacific) Award. The winners list can be found here

Censere gave a talk at the Investment Opportunities in Vietnam for Taiwanese Manufacturers Forum

Censere gave a talk at the Investment Opportunities in Vietnam for Taiwanese Manufacturers Forum
Censere gave a talk at the Investment Opportunities in Vietnam for Taiwanese Manufacturers Forum

On October 25th, Censere was invited to give a talk on M&A opportunities in Vietnam at the Investment Opportunities in Vietnam for Taiwanese Manufacturers Forum in Taipei.  The event was organized by the National Industry Association of Taiwan, and there were over a hundred attendees including entrepreneurs, executives from large corporations, bankers, lawyers and government officials. Topics covered include M&A issues and opportunities in Vietnam, Vietnamese accounting and law standards, as well as examples and experience sharing.

 

 

CENSERE CONDUCTED WORKSHOPS FOR HKICPA

CENSERE CONDUCTED WORKSHOPS FOR HKICPA
Censere conducted workshops for HKICPA

Censere was recently invited by The Hong Kong Institute of Certified Public Accountants ("HKICPA") to conduct a series of three hour workshops for their members. The workshops were designed to provide participants with an integrated understanding of valuation, with a particular emphasis on the practical issues relating to valuation and valuation principles which underpin them. Topics covered by Censere included: Valuation Fundamentals; Valuation for Business Combinations; Valuation of Financial Instruments and Valuation of Intangible Assets.  The workshops were very well attended, especially given the greater emphasis accounting standards place on fair value accounting and the role valuation plays this.

Censere values CMOC's Northparkes copper mine acquisition

Censere values CMOC's Northparkes copper mine acquisition

China Molybdenum Co., Ltd (“CMOC”) is a Hong Kong listed (stock code 3993) Chinese mining company specializing in mining, dressing, smelting and processing of molybdenum and tungsten. Currently their market value ranks in the top 30 mining companies globally, and they are the world's fourth-largest molybdenum and second-largest tungsten concentrate producer.

In July CMOC announced that it was acquiring a 80% stake of the Northparkes copper and gold mine located in Australia’s New South Wales from the Rio Tinto Group. The transaction is valued at over $800 million USD. Censere was assigned as the competent person for valuing the mining assets in accordance to Chapter 18 of the Hong Kong Exchange listing rules as well as the Australian VALMIN code. Censere was responsible for analyzing the technical report of the mine, modelling the financial performance of the mining assets, as well as handling questions and queries from the stock exchange. Details of the transaction as well as Censere’s report can be found here:

http://www.chinamoly.com/06invest/DOC/E-CMOC-C049-1025%20AP.pdf

Brett Shadbolt at Environmental, Social & Governance Seminar held by Marsh

Brett Shadbolt at Environmental, Social & Governance Seminar held by Marsh
Brett Shadbolt at Environmental, Social & Governance Seminar held by Marsh

Brett Shadbolt, CEO of Censere, gave a presentation at Environmental, Social & Governance seminar held by Marsh in Singapore on 7 June, 2013. The conference will be held at  Marsh Asia-Pacific Headquarters Asia Square, Tower 1, Fullerton Room, Level 9, 8 Marina View.

Censere Wins Another Award

Censere Wins Another Award
Censere wins another award

Censere has been awarded the 2013 Hong Kong's Most Valuable Companies Services Award for Business Valuation and Appraisal Services. Brett Shadbolt, Censere's CEO, stated "This is further recognition of the hard work and dedication of our partners and staff. We will continue to improve and look forward to helping our clients succeed in their objectives."

Photos of the ceremoney and a brief video can be found here.

 

New born baby from Censere team

New born baby from Censere team
New born baby from Censere team

We are pleased to announce that our Hong Kong team member - Sophia has just delivered a cute and healthy baby on March 3rd.  Let join us to  wish Sophia and her new born baby all the best and with happiness together.

Congratulations!