HMC Corporate Services SDN BHD

Acclime doubles its presence in Malaysia with the acquisition of HMC Corporate Services

HONG KONG, Jan. 6, 2022 /PRNewswire/ -- Acclime, the premier corporate services provider in Asia, announces today that it has completed the acquisition of HMC Corporate Services (HMC) in Malaysia. With this new addition, the headcount of Acclime in Malaysia surpasses 80, doubling the size of Acclime's business in the important Malaysian market.

Acclime Logo (PRNewsfoto/Acclime)
Acclime Logo (PRNewsfoto/Acclime)
Acclime's expansion in Malaysia continues its active growth as the Asia specialist in providing compliance and corporate services throughout the region. Acclime's service provision now covers 10 territories across Asia-Pacific, with client support centres in the US, UK and Netherlands. Acclime boasts local corporate services expertise in 20 offices in Asia, with a total headcount of over 700.

HMC is a well-established corporate services firm specialising in corporate secretarial and advisory consultancy at a board level, and servicing a diversified client base ranging from public listed companies and MNCs to local SMEs and start-ups. HMC employs over 40 talented professionals working closely with IPO sponsors and larger audit firms in Malaysia on the full range of corporate services in its Headquarters in Kuala Lumpur and branches in Batu Pahat and Seremban.

Ms Wong Youn Kim, the Director of HMC will join Acclime as a Director while continuing to be responsible for HMC's client portfolio. The business will merge with Acclime's existing Malaysia business early in 2022, with Ms Wong working closely with Henry Ng, Managing Director of Acclime Malaysia.

"Malaysia is one of the world's most competitive markets, with China being its largest trading partner. Acclime has supported FDI clients expanding to Malaysia by providing outsourced licensing, governance and accounting solutions. With the acquisition of HMC, we can greatly strengthen our services and support for large International clients and clients listed on Bursa Malaysia." Martin Crawford, co-founder and CEO of Acclime remarked.

Henry Ng commented, "Combining the Acclime and HMC teams gives us a total headcount of 80 full-time employees servicing more than 3,000 clients, bringing Acclime into the top tier of corporate service providers in Malaysia. We look forward to working together to combine our knowledge and resources to better serve a wider range of clients with a greater range of professional services."

"This is an exciting new chapter for all of us and we are thrilled to be part of a regional group, able to provide high-quality services in 10 markets," Ms Wong commented. "I am excited that we can now support our clients who wish to expand their businesses to other Asian markets."

Donovan & Ho acted as legal counsel to Acclime in this acquisition and Premier Consult Solutions and Oxbridge Advisory advised the parties in the transaction.

About Acclime

Acclime, the premier corporate services provider in Asia, helps corporate and private clients to advance their businesses and interests in difficult-to-navigate markets in emerging Asia. The company's vision is to reinvent the corporate services sector with innovative solutions that are seamlessly delivered to the highest global standards.

For further information, please visit www.acclime.com.

SOURCE Acclime

Acclime – Premier Corporate Service Specialist in Asia Acclime is the corporate services specialist in Asia, helping clients advance their businesses & interests in challenging markets.

Dear Valued Client,
HMC Corporate Services ("HMC") is delighted to announce that we are now partnered with Acclime in a strategic move that elevates our business and services to a higher level, one with an international reach.
We are very proud to have built our firm to a stage where it is serving many large MNCs and clients listed on Bursa Malaysia, with an enviable reputation. The company is now in a prime position to transition to a large-scale professional services firm so that it continues to attract the best talent, provides clients with access to a pan-Asian network and secures the business moving forward.
Acclime is Asia’s premier corporate services provider, operating in 10 countries with over 700 staff. Their vision is to raise the standards of good corporate governance throughout Asia which they do by providing high quality company secretarial, accounting, HR, payroll and compliance services delivered to the same standards across the region.
We chose to partner with Acclime because of the similarities in our cultural and professional styles, their commitment to their people and their scale. Both companies place significant value on genuine, collaborative partnerships with clients seeking to establish and expand into new markets.
Under the umbrella of our new partner, we will be able to offer clients services across Asia-Pacific, including Greater China, Australia, Singapore, Vietnam, Indonesia, Thailand, Cambodia and Philippines. We will also have access to a larger team with whom to share knowledge and support, and this will deepen career opportunities for our team members.
There will be no change to the team that services your business, and your contact with our staff remains unaltered. Similarly, the terms of your existing agreements with us are unchanged and will be honoured. Over time, you can expect that we will be introducing other service lines and offering you assistance wherever else you may be operating or expanding in Asia. We will continue to operate from our current offices but will rebrand as Acclime soon.
I, Wong Youn Kim, will remain invested in the new business in every sense and will continue working in the Acclime Group post-integration, serving clients and growing the business. You can expect the same high level of quality and very personal service, time, and attention from all of us.
We are sincerely thankful to you for being on this journey with us, for your support throughout the many years. We look forward to your continuing support as we embark on this exciting journey ahead.
Regards,
Wong Youn Kim (Ms)

Congratulations to BV land Holdings Berhad on its successful listing on the LEAP Market of Bursa Malayisa on 9 April 2021.