Ipsos Business Consulting engaged as Industry Consultant by WAC Holdings Limited for its listing on the GEM Board of the Hong Kong Stock Exchange (stock code: 8619.HK)on Sep 17, 2018. The group positions itself as well-established construction engineering consultant in Hong Kong which offers professional service on the area of comprehensive structural and geotechnical engineering.
Ipsos Business Consulting's IPO consulting team conducted an Independent Market Review, covering the industry development trends, market demand and competitive landscape of construction engineering consultancy industry in Hong Kong. During the IPO process, Ipsos Business Consulting collaborated with the Group, IPO sponsor and its legal advisors to complete the contents of the prospectus as well as address all follow-up questions from the HKEX.
According to Ipsos Business Consulting's analysis, the total revenue of the construction engineering consultancy industry in Hong Kong has a gross output value increasing from approximately HK$ 5.2 billion in 2012 to approximately HK$ 6.0 billion in 2017, representing a CAGR of approximately 2.9%. The revenue of the industry is expected to continue with the upward trend from approximately HK$6,352.5 million in 2018 to approximately HK$6,989.8 million in 2022, at a CAGR of approximately 2.4%.