John Cowie on Aim’s coming of age on the global stage.
Despite the best efforts of those across the pond to besmirch its reputation (see Quoted Business, June 2007), Aim has become something of an international star. Ironically, outside Europe, the US is home to the largest number of non-UK Aim companies with 75 as at September 2007. China follows closely behind with 54, though we sense that new admissions from the Far East will slow in coming months. Henry Tan of Nexia TS Public Accounting Corporation, our Nexia International firm based in Singapore, comments on this later in this issue.
Looking solely at the locations of Aim companies’ registered offices, one might think that there were 283 non-UK companies listed on Aim. But data from the London Stock Exchange shows that, in fact, well over 400 companies (from a total of 1,689) hail from overseas. This includes those whose primary place of operations is overseas, not merely their registered offices. That’s 25% of all Aim