November 26, 2024

Job well done to our Indonesia based audit client: BrilliA Inc Announces Pricing of Initial Public Offering

BrilliA Inc recently announced the pricing of its initial public offering of an aggregate of 2,500,000 shares of its Class A Ordinary Shares, all of which are being offered by BRIA at a public offering price of $4.00 per share. Bra Pro specializes in providing comprehensive solutions for ladies’ intimate apparel, from design and production to logistics, serving leading global brands like Hanes, Jockey, and H&M. With operations spanning Indonesia, Thailand, and the PRC, they take pride in being committed to quality, innovation, and sustainability. More information can be found at https://braprolimited.com.

Congratulation to BrilliA’s CEO, Kendrew Hartanto and to the entire management team who made this transaction come to life. The shares began trading on the NYSE American under the ticker symbol “BRIA” on November 26, 2024. The Offering is expected to close on November 29, 2024, subject to customary closing conditions.

It is always a pleasure working with A.G.P./Alliance Global Partners as the sole Book-Running manager for the offering. Likewise, great team work when working with MOURANT OZANNES CORPORATE SERVICES (UK) LIMITED acting as Cayman Islands and British Virgin Islands legal counsel and Ortoli | Rosenstadt LLP acting as U.S. legal counsel, respectively, to the Company, while LEWIS BRISBOIS BISGAARD & SMIT is acting as U.S. legal counsel to A.G.P. for the Offering.

The TAAD LLP team was led by Brian Lam, CPA, as engagement partner, and Darren Chan as the audit supervisor in-charge of the audit.