American Appraisal Russia valuation report was included in the IPO prospectus of the world’s largest aluminum producer United Company RUSAL (UC RUSAL).
According to the requirements of the Hong Kong Stock Exchange (HKSE), IPO prospectus of UC RUSAL had to include a valuation of certain properties. American Appraisal Russia was engaged to perform the analysis and valuation of thousands of assets operated by 47 entities located in 19 countries.
The entities analyzed included all segment of vertically integrated operation of RUSAL from bauxite mining to alumina refining to aluminum smelting and aluminum products manufacturing. The analysis was performed in accordance with strict stock exchange regulatory requirements and under time constraint and was only made possible due to American Appraisal deep involvement in the world’s aluminum industry.
In the course of this engagement an international team of American Appraisal consultants managed by its Russian office was working over several time zones in multiple languages intensively communicating with legal, accounting and technical advisers of RUSAL.
American Appraisal Russia had successfully completed the engagement, meeting the deadlines and requirements for UC RUSAL listing on the Hong Kong Stock Exchange.
American Appraisal Russia provided capital assets analysis including asset records harmonization and componentization services to leading Russian steel producers.