Company: EGG
Filing Date: 2025-04-22
Form Type: F-1/A
Source: 0001641172-25-005604
Chunk: 93

Company: ENIGMATIG LTD
Filing Date: 2025-04-22
Form: F-1/A
Chunk 93
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. Therefore, investors are cautioned not to place any undue reliance on the information, including statistics and estimates, set forth in this section or similar information included elsewhere in this prospectus.

SOURCES OF INFORMATION

This section includes information from the Frost & Sullivan report, a report commissioned by us, as we believe such information imparts a greater understanding of the industries in which we operate. Frost & Sullivan is a global consulting company and an independent third party. Founded in 1961, Frost & Sullivan provides market research on a variety of industries, among other services.

In preparing the Frost & Sullivan report, Frost & Sullivan performed both detailed primary research which involved discussing the status of the industry with certain leading industry participants and conducting interviews with relevant parties and secondary research which involved reviewing company reports, independent research reports and data based on Frost & Sullivan’s research database. The Frost & Sullivan report was compiled based on the following assumptions: (i) the social, economic and political environment of the globe and Singapore is likely to remain stable in the forecast period; and (ii) related industry key drivers are likely to drive the market in the forecast period.

MACRO ECONOMY OVERVIEW

Overview of Global Financial Centers

Global financial centers have the predominant commercial platforms where people conduct huge volumes of international and domestic trading transactions. The world’s most important financial centers include, among others, the following:

● Singapore is the global financial hub located in Asia-Pacific region with conducive business environment, strategic geographic location, and diverse financial services industry. Singapore requires relatively short period of license applications for activities in the capital markets, banking, insurance, and other financial sectors, which allow firms to quickly set up their operations in Singapore.

● Hong Kong is a special administrative region (SAR) of the People’s Republic of China. Hong Kong has a free market economy in which the prices of goods and services are determined in a free price system;

● London is the most connected worldwide financial center, providing unrivalled access to global markets. London owns a diverse pool of financial and professional services specialists, with deep linkages to almost every economy globally;

● New York is one of the leading financial and cultural centers of the world, holding the two largest stock exchanges in the world;

● Shanghai’s position as a global financial center will bring enormous economic benefits, such as increased geopolitical power and jobs to China, and developing Shanghai into an international financial center is an essential part of China’s economic agenda. In addition to the growth of the financial sector, broad positive spillover effects, like the