MEDIA RELEASE PR42044
Grant Thornton Announces New Member Firm in Hong Kong
HONG KONG, Nov. 4, 2010 /PRNewswire-Asia-AsiaNet/ --
Grant Thornton has announced the appointment of a new member firm in Hong Kong. The new practice, set up
by Grant Thornton China, will begin trading as Jingdu Tianhua Hong Kong but will adopt the name "Grant Thornton"
in due course. The new firm will be led by Daniel Lin, an established and highly regarded member of the accounting
profession in Hong Kong.
The firm's initial focus will be on the delivery of assurance and taxation services with SEC and IFRS capabilities.
There are also short term plans to develop international tax and transfer pricing services, transaction advisory and
business risk services. Further growth through merger and acquisition is also under active consideration. The firm is
in the process of registering with the PCAOB.
The new firm plans to have a staff of over 100 people within 12 months. Significantly, it will be fully integrated with
Grant Thornton China and be part of a network of 10 offices providing seamless access to 65 partners and over
1,500 professionals across mainland China and Hong Kong.
Ed Nusbaum, chief executive officer of Grant Thornton International explains, "Grant Thornton has long been
committed to a strategy of an integrated approach to serving clients across the China market, including Hong Kong.
This appointment of Jingdu Tianhua Hong Kong is a vital step in that strategy and our member firms, now over 100
in number, look forward to working with their new colleagues in Hong Kong."
Any and all references to Grant Thornton are to Grant Thornton International Ltd. (Grant Thornton International)
or its member firms.
Grant Thornton International is one of the world's leading organisations of independently owned and managed
accounting and consulting firms. These firms provide assurance, tax and advisory services to privately held
businesses and public interest entities. Services are delivered independently by the member firms within Grant
Thornton International, a non-practising, international umbrella entity organised as a private company limited by
guarantee incorporated in England and Wales. Grant Thornton International does not deliver services in its own
name or otherwise. Grant Thornton International and the member firms are not a worldwide partnership.
Media contact:
Christine Hobart
International communications manager
Tel: +44-207-391-9548
Email: christine.hobart@uk.gt.com
SOURCE: Grant Thornton International Ltd.