Boardroom unveils share registration service in Hong Kong

Hong Kong launch to provide customers with more choice and an opportunity to benefit from the company’s enhanced array of solutions.

Singapore’s largest share registration service provider, Boardroom Limited, announced on Tuesday that it is launching its share registration service in Hong Kong on 22 June 2011, according to a Boardroom report. 

Boardroom’s wholly-owned subsidiary, Boardroom Share Registrars (HK) Limited (the “Company”) was admitted as a member of the Federation of Share Registrars Hong Kong on 20 April 2011. Boardroom Share Registrars (HK) Limited is now an approved share registrar under the “Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited” and offers a full suite of share registration services in Hong Kong. 

Listed on the Singapore Exchange, Boardroom is Singapore’s largest share registration service provider. In addition, Boardroom is also one of the top three share registration service providers in Australia. 

Mr. Kim Teo, Chief Executive Officer of Boardroom Limited, said, “The opening of our share registration business in Hong Kong is an important milestone for Boardroom. It enhances our unique regional footprint to provide share registration services not only to our customers, but also to any company who wishes to tap the financial centres in the Asia Pacific.” 

Mr Teo elaborated, “Hong Kong has always been a highly sought after listing venue. The launch of our share registration service provides customers with more choice and an opportunity to benefit from Boardroom’s integrated suite of solutions.” 

“We offer a complete and integrated suite of business services catering to both listed and non-listed companies. Our professional services will allow the companies to focus on their core businesses while we take care of the necessary, yet time-consuming activities on their behalf. We trust our comprehensive range of services and extensive regional coverage will ensure our clients’ needs are answered in the most timely and cost-effective manner,” added Mr. Teo. 

The Company has put together a professional team with extensive experience and knowledge in the Hong Kong share registration market. Capitalising on Boardroom’s technology and expertise in the rest of Asia Pacific region, the team will deliver a seamless integrated service solution across borders. 

As an approved share registrar, the Company is poised to deliver a full range of pre-listing and post-listing share registration services. The suite of services will include acting as share registrar, share transfer agent and warrant registrar for public-listed companies, as well as the following services: 

• maintenance of securities register;
• registration of attendance at shareholder meetings;
• polling and scrutineering of votes;
• dividend / income distribution;
• dispatch of shareholder circulars and annual reports;
• processing of IPO applications;
• IPO balloting services; and
• processing of applications in relation to other corporate actions. 

Elaborating on the services Boardroom Hong Kong provides, Ms. Rena Lim, Executive Director, said, “Leveraging on the expertise and branding of Boardroom’s regional footprint, we have been providing corporate secretarial services, accounting and payroll, and tax services to companies in Hong Kong and China. We are excited about the new share registration service as we believe it will greatly enhance our service offerings to our existing and potential clients.”