When Taiwanese retailer, Drinks Wines & Spirits Co Ltd, considered an IPO, they asked existing audit and tax advisor, Grant Thornton Losoon for guidance.
Drinks Wines & Spirits Co Ltd was formed in 1993 and now has 30 stores across Taiwan. In preparation for the IPO, Grant Thornton Losoon is assessing the legal and regulatory impact, the implications of increased public scrutiny and has outlined a detailed schedule for preparing the company to list.
"Grant Thornton Losoon is our trusted advisor and it was natural that we worked with them in considering an IPO. It is a very complex process and it will mean significant change for the company. It is so important for us in order to increase the profile of the company and to raise additional funds for future expansion."
Crystin Chiang
General manager
Drinks Wines & Spirits Co Ltd