REG - Supersearch Plus PLC - Admission to Trading on the AQSE Growth Market
25/03/2025 08:45
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RNS Number : 9630B Supersearch Plus PLC 25 March 2025
DATE: 25 March 2025
SUPERSEARCH PLUS PLC
("Supersearch Plus", the "Company" or together with its subsidiaries the
"Group")
Admission to Trading on the AQSE Growth Market
Supersearch Plus plc, the Hong Kong-based frozen seafood importer and
wholesaler, is pleased to announce that its entire issued share capital of
22,785,583 ordinary shares of 0.25p ("Ordinary Shares") will commence trading
on the Access segment of the Aquis Stock Exchange Growth Market ("AQSE Growth
Market") at 08:00 am (UK time) today ("Admission"). The Ordinary Shares will
trade under the ticker SUP and ISIN number GB00BV4DNS07.
Alfred Henry Corporate Finance Limited is acting as the Aquis Stock Exchange
Corporate Adviser to the Company.
Subscription
Subject to Admission, the Company has raised gross proceeds of £278,558 (the
"Subscription") through the issue of 2,785,583 Ordinary Shares ("Subscription
Shares") to a limited number of qualifying investors, at a price of 10p per
share (the "Subscription Price").
Dr Foelan Wong, CEO of Supersearch Plus, said: "Supersearch Plus is delighted
to list on AQSE, the growth market for companies listing in London. We are
thrilled to have reached this important milestone, which reflects the
dedication and hard work of our talented team. We believe that the
subscription and admission will provide a solid platform for the Company's
continued growth. We give special thanks to investors, partners, and staff for
their support, and we look forward to the exciting journey ahead as a publicly
traded company."
Company Information
The Company, together with its wholly-owned SuperSearch Capital (Hong Kong)
Limited ("SuperSearch Capital" and together with the Company, the "Group")
operates as a Hong Kong-based frozen seafood importer and wholesaler in the
frozen seafood import and wholesale industry. The Group specialises in
offering a diverse and wide range of frozen seafood products with more than
fifty product varieties, which the Group classifies into seven major food
categories: (i) fish; (ii) Lobster; (iii) Tiger Prawn; (iv) mantis Prawn; (v)
Sea Urchin; (vi) Fresh Prawn; and (vii) others. The Group's activities include
the use of e-commerce platforms to sell frozen seafood within China. Founded
in 2017 as a family-run business with a sole director that managed operations,
the business now seeks to expand its export and import activities beyond
Southeast Asia, with an initial focus on the Chinese diaspora in the United
Kingdom.
Details of Directors
The full names of the Directors of the Company and positions are as follows:
Dr Foelan Wong, Executive Director and Chief Executive Officer
Dr Wong is responsible for the Company's overall strategic management and
development. He has been chairman of the Company's 100% subsidiary,
SuperSearch Capital (Hong Kong) Ltd since 2017. Dr Wong has experience in
portfolio management, private equity, financial due diligence, financial
modelling, credit analysis, covenant negotiations, cross border e-commerce
logistics, and seafood trading in Southeast Asia. He is familiar with all the
keys issues arising within the trade and his key strengths involve providing
practical solutions that have been developed over more than 5 years as a
director within trade commerce. Between April and June 2021, Dr Wong served as
non-executive director of Zhejiang United Investment Holdings Group Limited, a
Hong Kong listed company. He has extensive experience, having previously
served as managing director of Great Wall Pan Asia International Investment
Company Limited, a wholly owned subsidiary of China Great Wall Asset
Management Corporation Limited. China Great Wall is one of the largest
state-owned asset Management Company in China, where Dr Wong's roles focussed
on executing capital market transactions for corporates, state-owned
enterprises, and multinational company across Asia; this gave him the
opportunity to expand his extensive network of contacts within the industry
In 2014-2016, Dr Wong served as a director of a SPAC, DT Asia Investments Ltd,
whose securities were listed on NASDAQ. From 2012 to 2013, Dr Wong served as a
director of ABCI Asset Management Limited, a subsidiary of Agricultural Bank
of China Limited. Agricultural Bank of China is of the largest banks in China.
At ABCI Asset Management, Dr Wong was responsible for, among other things,
engaging Hong Kong-based financial institutions. He has extensive knowledge of
the financial markets in Asia with more than 10 years' experience.
Kai Sun Cheung, Independent Non-Executive Director
Cheung is senior accountant in SuperSearch Capital Company Ltd., where he is
responsible for preparing and reporting on clients' management accounts, the
conduct of statutory audits, and tax planning and consulting. He also
presently serves as the financial director for the Hong Kong Port of Services
Consultant Limited, where he handles a broad range of company secretarial
matters. His duty is leading the audit committee in properly.
Mr Cheung graduated from the Caritas Institute of Higher Education with a
Bachelor of Business Administration in Accountancy in 2015.
Ka Ling Cheung, Independent Non-Executive Director
Ms Cheung has extensive experience with freight firms that operate in Hong
Kong and abroad. For over twenty years, she has worked at the global supply
and transport company DSV Panalpina A/S DSV AIR & SEA LTD, where she
advises on local business practices, traffic routes and cross-border
logistics. This experience has afforded her strong technical, commercial,
strategic and financial appreciation
Wai Man Hui, Independent Non-Executive Director
Mr. Wai Man Hui has more than thirty years of experience in legal and
compliance, financial, regulatory and accounting matters. Mr. Hui began his
career as an accountant before moving to Nomura Asset Management Limited in
1998. At Nomura, Mr. Hui gained experience in most aspects of investment
banking, including investment, marketing, trading, settlement, legal and
compliance. In 2004, Mr. Hui has moved to an Asia based hedge fund, where he
focussed on operation in Asian markets, including Thailand, Hong Kong China
and India. More recently he set up and worked in the asset management division
of the largest privately owned bank subsidiary in Hong Kong, namely China
Minsheng Bank Corporation Capital (CMBC Capital). Mr. Hui currently serves as
Responsible Officer for a licensed Asset Management firm in Hong Kong. Mr. Hui
graduated from Leicester DeMontfort University in 1990 with a degree in Law
and Accounting, later studied management at the Hong Kong University of
Science of Technology.
Richard Ian Walker, Independent Non-Executive Director
Mr Walker qualified as a Chartered Accountant with Baker Tilly in 1990,
subsequently specialising in their restructures and recoveries department. In
the late Nineties, he joined the panel of advisors for a venture capitalist,
taking several board appointments as part of that role. During this period, he
also undertook CFO roles for both AIM and New York Stock Exchange (AMEX)
companies. Since then, Mr Walker has specialised in advising and taking board
roles where applicable for numerous private companies and, for many years,
several listed companies on the ISDX/NEX/AQSE Exchanges. He is an experienced
financial director whose past appointments include Igraine plc, where he
worked both as a non-executive advisor and as an executive director, Titania
Internet Ventures plc, where he worked as a non-executive director, Venturia
Plc, where he was employed as Finance Director, and TPN Holdings plc, where he
was the Group Chief Financial Officer.
Sector Classification:
The Company will be classified as a Consumer Staples company on the Aquis
Exchange Growth Market.
Registered office and principal place of business:
The Company's registered office is at Salisbury House, London Wall, London
EC2M 5PS, United Kingdom and its principal place of business is located at
1702, 17/F, Wayson Commercial Center, 68-70 Lockhart Road, Hong Kong.
Company website:
www.supersearchplus.uk (http://www.supersearchplus.uk)
Admission Document
The Company's admission document is available to view on its website
www.supersearchplus.uk (http://www.supersearchplus.uk) .
This announcement, together with any documents incorporated by reference,
shall be deemed to constitute an admission document for the purposes of the
AQSE Growth Market Rules for Issuers - Access. It has not been approved or
reviewed by the Aquis Stock Exchange or the Financial Conduct Authority.
For more information, please contact:
Supersearch Plus +852 6291 2674
Dr Foelan Wong, CEO info@supersearchplus.uk
Richard Walker, Director
Alfred Henry - AQSE Corporate Adviser +44 (0) 20 8064 4056
Nick Michaels www.alfredhenry.com (http://www.alfredhenry.com)
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