After looking at the Ranhill’s website, I noticed that they have withdrawn from IPO. I know that there are certain requirements you need to fulfil to be a listed company
• Company has to be in profit for last 3-5 Years
• Should have certain $ turnover
• And make sure they will still be profitable after listing
After discussing with Tony about Ranhill which was reprimanded and fined for not disclosing information (see below) , my suggestion is that we should get financials for this client. So we can identify financial strength of Ranhill for US$500K.