The IVAS-IVSC Business Valuation Conference 2023, held under the theme “The Future of Business Valuation: Embracing Shifts and Innovation,” was a resounding success. This two-day event brought together key VIPs and valuation experts to discuss the evolving landscape of business valuation.
Programme Highlights
Day 1: October 3, 2023
The first day of the conference featured a diverse programme:
- Welcome Remarks by IVAS and IVSC: Mr Lie Kok Keong and Mrs Lim Hwee Hua extended warm welcomes to attendees.
Mr Lie Kok Keong, IVAS Chairman
“Our focus on Intangible Assets, Artificial Intelligence, stakeholder capitalism and the ESG factors reflects the evolving nature of businesses and the growing imperative for sustainable and socially responsible value creation.” — Mrs Lim Hwee Hua, Vice-Chair of IVSC Board of Trustees
Read Mrs Lim’s full speech here.
- Address by Guest-of-Honour: Ms. Indranee Rajah’s address highlighted the importance of business valuation in today’s society.
“The theme for this year’s conference – “The Future of Business Valuation: Embracing Shifts and Innovation” speaks of opportunities against the backdrop of major global uncertainties such as persistent inflationary pressures, climate change and geopolitical tensions. Despite the challenges though, opportunities abound in the realm of ESG, Intangible Assets (IA) and Artificial Intelligence (AI), and our future success will lie in our ability to embrace shifts and seize these opportunities.” –Minister Indranee Rajah (Photo credit: Lianhe Zaobao)
Read Minister Indranee Rajah’s full speech here.
- Keynote Address by Mr. Anton Colella: Mr. Colella discussed the global growth of valuation standards and the value of valuers in society.
Mr Anton Colella, Chief Executive of Moore Global & IVSC Trustee (2016-2022)
- ESG Trends Presentation: Ms. Srividya Gopal delved into the impact of Environmental, Social, and Governance (ESG) trends on business valuation.
Ms Srividya Gopal, IVSC Business Valuation Board Member
- Steward Leadership for Sustainability Presentation: Mr. Rajeev Peshawaria explored the need for steward leadership in creating a better future.
Mr Rajeev Peshawaria, CEO, Stewardship Asia Centre
- Panel Discussion: “Are You A Growth Leader?”: Experts discussed the integration of ESG factors into business strategies for sustainable growth.
Panel discussion featuring Ms Fang Eu-Lin (moderator), Ms Srividya Gopal, Mr Rajeev Peshawaria, Ms Huang Sipei & Dr Joanne Khew
- Presentation and Panel Discussion: “Navigating Around Uncertainty”: Experts shared insights on managing uncertainty in a volatile market.
Presentation by Ms Selena Ling, Chief Economist & Head of Treasury Research & Strategy for OCBC Bank
Panel discussion featuring Mr Henry Tan (moderator), Mr Matthew Song, Mr Lim Jiong Ting, Mr Andrew Ooi & Ms Selena Ling
- Evolving Valuation Standards Presentation: Mr Nicolas Konialidis highlighted proposed enhancements to International Valuation Standards, aligning them with evolving practices and ESG factors.
Presentation: “Evolving Valuation Standards For A Changing World” –Mr Nicolas Konialidis, IVSC Asia Director
- Fireside Chat: “An Opening in M&A Transaction?”: The chat explored valuation gaps in M&A deals.
Fireside chat by Ms Sandy Foo (Interviewer), Mr Brice Cu, Mr Wayne Lee
- Unlocking the Future of Enterprise Presentation: Mr Andre Toh discussed the transformative influence of intangible assets and Singapore’s Intellectual Property Strategy (SIPS) 2030.
Presentation by Mr Andre Toh titled, “Unlocking The Future of Enterprise: Harnessing the Potential Of Intangible Assets In The Evolving Funding Ecosystem And Navigating The Singapore’s Future Landscape Under SIPS 2030”
- Panel Discussion: “Unlock The Potential Of Your Intangible Assets”: Experts explored strategies to unlock intangible assets’ potential.
Panel discussion by Mr Andre Toh (moderator), Ms Winnie Tham, Mr Desmond Tay, Mr Joseph Gan
- Panel Discussion: “The Future of Business: Generative AI’s Impact”: The panel discussed the impact of generative artificial intelligence on business value.
Panel discussion by Mr Nicolas Konialidis (moderator), Mr Rajesh Sreenivasan, Mr Donald MacDonald, Dr. James Ong, Mr Loh Yee Chuan
- Networking Dinner: The day concluded with a networking dinner, fostering valuable connections.
Day 2: October 4, 2023
The second day focused on masterclasses and in-depth discussions:
- Masterclass 1: “Business Valuation – A Changing Landscape”: Prof. Eric Teo explored the evolving landscape of business valuation and the importance of understanding uncertainty.
- Masterclass 2: “Inconsistencies Between Hypotheses And Parameters Of The Same Valuation”: Prof. Pablo Fernández addressed inconsistencies in valuation, ensuring more accurate results.
We extend our sincere thanks to all esteemed guests, participants, speakers, moderators, and organisers who contributed to the success of the IVAS-IVSC Business Valuation Conference. Your dedication to advancing the field of business valuation is commendable, and we look forward to continued collaboration and innovation in the years to come.
As we wrap up this year’s conference, we reflect on the profound insights and discussions that have shaped the future of business valuation. The knowledge shared and connections made during these two days will undoubtedly impact the way we approach valuation in an ever-evolving business landscape.
For more information, please feel free to reach out to us.