Tricor uk press release draft (en) 4july12 final
Hong Kong, 6 July, 2012
Tricor Group acquires UK Woodside Group companies
Tricor Group (“Tricor”)
, a member of The Bank of East Asia Group, is pleased to announce its
acquisition of Woodside Group companies (“Woodside”) in the United Kingdom. The companies
include WOODSIDE SECRETARIES LIMITED (“WSL”), WOODSIDE CORPORATE SERVICES
LIMITED (“WCSL”) and WCS NOMINEES LIMITED (“WCS Nominees”).
Together, Woodside and Tricor Europe provide a comprehensive range of corporate administration
services to a wide client base, ranging from fully-listed public companies to small and medium sized
enterprises. These services include company secretarial, accounting, registrar, custodian, nominee,
Enterprise Investment Scheme (“EIS”) Fund administration and agent work for share or security offers.
WCSL has been regulated and authorized by The Financial Services Authority (“FSA”) to hold clients’
WCS Nominees acts as the registered holder for all investments of the EIS funds for which WCSL
provides custodial services, as well as for investments in UK or overseas companies.
The founder of Woodside, Mr. Graham Urquhart, will continue as its Managing Director after joining
Mr. Graham Urquhart said, “Woodside looks forward with great anticipation to developing its current
range of services with the Tricor group and expanding its business sectors and geographic areas
where it does not currently operate.”
Mr. Richard Tozer, Chairman and Senior Partner of Tricor Europe, said, “The Woodside acquisition
is a natural expansion of our UK service offering and sits well with our established tax, accounting,
company secretarial and FSA consulting business. We are delighted that the whole Woodside team
will continue working with us after the acquisition with Graham Urquhart as its Managing Director
overseeing the expansion of the fund administration business.”
Press release (6 July, 2012) Tricor Group acquires Woodside Group Companies in the UK
Mr. Johnny Ng, Tricor Group Chief Executive, said, “We are very pleased to have the Woodside
professionals with their extensive and proven experience in corporate administration services joining
the Tricor family. The Woodside acquisition will further enlarge Tricor Europe's servicing capabilities
Tricor – ATC Europe LLP (Tricor Europe)
About Tricor Group (“Tricor”)
Tricor is a global provider of integrated Business, Corporate and Investor Services. As a Business
Enabler, Tricor provides outsourced expertise in corporate administration, compliance and business
support functions that allows clients to concentrate on what they do best – Building Business.
Tricor has built its reputation and professional expertise through the acquisition of certain practices
from major international accounting and professional firms as well as through organic growth and
development. Tricor offices are located in Hong Kong (Head office), Barbados, British Virgin Islands,
Brunei, Dubai UAE, India, Indonesia, Japan, Labuan, Macau, Mainland China, Malaysia, Singapore,
Tricor’s qualified professionals are experts in corporate structuring and advisory functions. In most
countries/territories where Tricor operates, Tricor offers services in Accounting; China Entry &
Consulting; Company Formation, Corporate Governance & Company Secretarial; Executive Search &
Human Resources Consulting; Initial Public Offerings & Share Registration; Fund, Payroll, Treasury &
Trust Administration; and Management Consulting.
For more information on Tricor, please visit www.tricorglobal.com.
Tricor Group acquires Woodside Group Companies in the UK
About Woodside Group (“Woodside”)
Woodside was established in 1989 by Graham Urquhart. WSL’s primary activities are in company
secretarial, accounting, registrar and EIS administration. Although mainly tailored to the financial
services sector and its tax efficient products, it has clients in a diverse range of activities. It currently
services Venture Capital Trusts (“VCTs”) listed on the London Stock Exchange, as well as companies
whose funding has been raised under EIS and many other non-listed public and private companies. It
also acts as Registrar for public and private companies in the UK which are not Listed on any
WSL is one of the leading exponents in the field of EIS administration. The EIS was introduced in the
UK in 1996 and WSL quickly developed a niche for handling applications for tax reliefs for a number
of leading institutions in that market place. It also undertakes applications for specific companies on
request, as well as handling the applications for the EIS Funds for which WCSL acts as Custodian. In
addition, WSL provides accounting services for VCTs and a number of companies who have raised
In addition to acting as Receiving Agent for an increasing number of funds and companies, WCSL
acts as Custodian for EIS Funds and is currently involved in the raising of additional Funds.
For more information on Woodside, please contact Graham Urquhart on +44 (0) 20 3216 2000 or by
email to email@example.com.
About The Bank of East Asia (“BEA”)
Incorporated in Hong Kong in 1918, BEA is dedicated to providing comprehensive personal banking,
commercial banking, wealth management, and investment services to its customers in Hong Kong
and other major markets around the world. BEA is the largest independent local bank in Hong Kong,
with total consolidated assets of HK$611.4 billion (US$78.7 billion) as of 31st December, 2011. The
Bank is listed on The Stock Exchange of Hong Kong and is one of the constituent stocks of the Hang
With more than 220 outlets worldwide, BEA operates an extensive international network covering
Hong Kong and the rest of Greater China, Southeast Asia, the United Kingdom and North America.
For more information on BEA, please visit any BEA branch or the Bank’s homepage at
Tricor Group acquires Woodside Group Companies in the UK
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