Bestar Singapore Reply Valuation Advisory Services Engagement Inquiry

Bestar Singapore Reply Valuation Advisory Services Engagement Inquiry

I have drafted the response regarding the valuation advisory services engagement inquiry, structured around Bestar Services Pte. Ltd.'s standard engagement terms.   

• Would you like me to send this draft via email or customize the specific fee and scope details further?

  
  

• Do you need any adjustments to the milestones or reporting standards?

  
  

Draft Email / Proposal Response

Subject: Engagement Proposal – Valuation Advisory Services

Dear [Client Name],

Thank you for your inquiry regarding our valuation advisory services. We are pleased to outline the scope, framework, and terms under which Bestar Services Pte. Ltd. can assist you.   

1. Scope & Purpose

• Subject Matter: Valuation of [Company / Assets / Shares].   

  
  

• Purpose: Conducted for [internal restructuring / potential acquisition / financial reporting / tax compliance].   

  
  

• Valuation Date: As of [Date, e.g., 30 June 2026].   

  
  

• Basis of Value: Fair Value / Market Value in accordance with applicable professional standards.   

  
  

2. Standards & Methodology

Our valuation advisory services will be conducted in accordance with:

• The International Valuation Standards (IVS) issued by the International Valuation Standards Council (IVSC).   

  
  

• Guidelines and code of ethics established by the Institute of Valuers and Appraisers, Singapore (IVAS), where applicable.   

  
  

Depending on data availability, we consider the Income Approach (DCF), Market Approach (Comparable Companies/Transactions), and Cost/Asset-Based Approach.   

3. Key Deliverables & Reporting

Upon completion, we will issue a comprehensive written Valuation Report in draft and final formats, detailing our methodology, assumptions, sensitivity analysis, and conclusions of value.   

4. Professional Fees & Payment Schedule

• Professional Fees: SGD [Amount] (excluding prevailing GST and out-of-pocket expenses).   

  
  

• Payment Milestones:

  
  

  • Retainer Deposit: 30% due upon execution of the engagement letter.   

    
    

  • Draft Report: 40% due upon submission of the draft Valuation Report.   

    
    

  • Final Report: 30% due upon delivery of the final Valuation Report.   

    
    

Please let us know if you would like to proceed so we can finalize the formal engagement documentation and information request list.

Here is a standard Valuation Advisory Services - Information Request List (IRL) used by Bestar Services Pte. Ltd. when conducting business or financial asset valuations.

VALUATION ADVISORY SERVICES – INITIAL INFORMATION REQUEST LIST

Client Name: [Client Company Name]

Subject Entity / Asset: [Target Company / Asset Name]

Valuation Date: [e.g., 30 June 2026]

1. Corporate & Organizational Documents

• Current ACRA Business Profile (or equivalent official register for overseas entities).   

  
  

• Company Structure / Group Organization Chart showing parent entities, subsidiaries, and percentage ownerships.   

  
  

• Details of any key material contracts, joint venture agreements, or strategic alliances.   

  
  

• Shareholding details and details of any outstanding options, warrants, or convertible instruments.

  
  

2. Financial Information

• Audited Financial Statements for the past 3 to 5 financial years (including balance sheets, income statements, cash flow statements, and notes to the accounts).   

  
  

• Latest Unaudited / Management Accounts as of the Valuation Date.   

  
  

• Detailed breakdowns for significant balance sheet line items (e.g., trade receivables, inventory, key fixed assets, intra-group loans, third-party borrowings).   

  
  

3. Financial Forecasts & Business Plans

• Financial Model / Projections covering 3 to 5 years (monthly or yearly income statements, balance sheets, and cash flows).   

  
  

• Key Assumptions underlying the projections (revenue growth drivers, gross margins, operating expenses, working capital requirement, capital expenditure/CapEx plan).   

  
  

• Historical vs. projected performance explanations.

  
  

4. Operational & Market Information

• Overview of business model, principal revenue streams, key products/services, and customer base.   

  
  

• Details on major suppliers and key operational dependencies.   

  
  

• Brief industry overview, identifying main competitors and target market position.

  
  

5. Intangible & Specific Assets (If applicable)

• Schedule of registered Intellectual Property (IP), trademarks, patents, or proprietary technologies owned.

  
  

• Valuation reports or appraisal schedules for key properties, real estate, or plant & machinery previously conducted.

  
  

• Would you like me to customize this request list for a specific industry or transaction type (e.g., M&A, SFRS(I) financial reporting, tax compliance)?

  
  

• Should I prepare a cover letter or draft email to attach this list to?

Best regards,

Roger Pay

Managing Director

Bestar Services Pte. Ltd.