(11 June 2024 – Hong Kong) BC Investment Group (“BC Invest”), a diversified financial services group, c.53 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has confirmed the successful pricing of its A$530 million Australian dollar-denominated Ruby 2024-1 Bond Trust, a residential mortgage-backed security (“RMBS”). The RMBS was supported by a range of international and Australian institutions and credit funds with Deutsche Bank acting as Arranger. Joint Lead Manager and Bookrunners were Deutsche Bank, HSBC and Natixis.

The transaction, BC Invest’s tenth RMBS issuance since December 2020, will settle on 18 June 2024. The RMBS is backed by first mortgage loans to Australian resident and non-resident prime borrowers, secured by Australian residential properties.

Commenting on the issuance, Mr. Chris HOONG, Chairman of BC Invest, said, “Once again, we are delighted to see BC Invest successfully issuing another significant RMBS transaction to facilitate the longer-term financing of its growing mortgage book. This marks BC Invest’s fourth RMBS issued under the Ruby shelf with total RMBS funds raised now exceeding A$4.5 billion. The RMBS market is an integral part of our financing strategy and we are very pleased to see that institutional investors remain very supportive of the BC Invest story.”

Mr. David Hinde, Chief Executive Officer of BC Invest, said, “by using pool insurance 98.9% of the Bonds issued under Ruby 2024-1 were rated investment grade. This structural feature is a first for BC Invest and has been well accepted by the range of institutions and credit funds participating. This transaction also includes assets from Crimson 2021-1P which is due to be called on 14 June, marking BC Invest’s second call option exercised”.

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading non-bank financial institutions in Australia with AUM of approximately A$5.5 billion. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016.

About Far East Consortium International Limited

Far East Consortium International Limited (“FEC”, together with its subsidiaries, the “Group”) has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group (excluding BC Invest) is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Toby Chan
Contact Number: (852) 2850 0635
Email: toby.chan@fecil.com.hk

Wonderful Sky Financial Group Limited
Lesley Zhang / Jade Xu
Contact Number: (852) 3977 1887 / (852) 3977 1803
Email: fec@wsfg.hk

(7 September 2023 – Sydney) BC Investment Group (“BC Invest”), a diversified financial services group, is delighted to announce that it has completed the full integration of Mortgageport, following BC Invest’s acquisition earlier this year. The integration also marks the unveiling of a refreshed Mortgageport brand in the market.

Mr. David Hinde, Chief Executive Officer of BC Invest, commented: “The integration of Mortageport combines BC Invest’s capital market experience and comprehensive product suite, with Mortgageport’s expansive client network and 25 years’ reputation as one of the leading mortgage lenders in Australia.”

Being a member of BC Invest enables Mortgageport to leverage BC Invest’s strong balance sheet and deliver operational efficiencies through streamlined processes and platforms. With combined Assets Under Management surpassing A$5.5 billion, Mortgageport is well-positioned to seize new opportunities and assist more customers with their dream of home ownership.

Mortgageport services customers Australia wide including hubs in Sydney, Melbourne, Gold Coast, NSW Central West and Canberra. Together with BC Invest, the combined entity has 180 staff and operates from 11 offices, located in 7 countries.

With an ongoing commitment to provide mortgage solutions and support for clients, Mortgageport will play a vital role in driving BC Invest's retail growth, and further solidify its position in Australia’s mortgage lending industry.

BC Invest recently issued its eighth residential mortgage-backed security (RMBS) providing Mortgageport with significant funding capacity and continue to provide mortgage solutions for many more clients. 

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About BC Investment Group

BC Invest is a fast-growing diversified financial services group and non-bank mortgage lender backed by Far East Consortium, Metrics Credit Partners and PAG. BC Invest offers mortgage lending solutions and asset management services. Current AUM exceed A$5.5bn.

BC Invest specialises in mortgages for Australian resident borrowers for properties in Australia and in non-resident mortgages for properties in Australia and UK. Since 2020, BC Invest has issued eight RMBS in the Australian bond market.

About Mortgageport Management Pty Ltd

Mortgageport is an Australian mortgage lender and mortgage manager with A$1.6bn of loans under management.

Established in 1998, Mortgageport strives to be customer-centric and provide top-tier services via a comprehensive range of domestic mortgage lending solutions for Australian resident borrowers who value excellence.

Mortgageport and NXT Building Group hold 50% stake in MyChoice Home Loans Pty Limited respectively.

Mortgageport official website:

• www.mortgageport.com.au

For further information, please contact:

Media enquiries:

Ms. Sherring Mak (Marketing)
Email: marketing@bcinvest.co

Mr. Neil Rose-Innes (Lending)
Email: nroseinnes@bcinvest.co

(16 August 2023 – Hong Kong) BC Investment Group (“BC Invest”), a diversified financial services group, c.53 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has confirmed the successful issuance of its A$456 million Australian dollar-denominated Crimson 2023-1P Bond Trust, a residential mortgage-backed security (“RMBS”). The RMBS was privately placed to local Australian institutions with Westpac Banking Corporation (“Westpac”) being the sole Arranger and Manager.

The transaction, BC Invest’s eighth RMBS issuance in the last three years, settled on 16 August 2023. The RMBS is backed by first mortgage loans to Australian resident borrowers, including Self-Managed Super Funds (“SMSF”) prime borrowers, secured by mortgages over Australian residential properties. This was the second RMBS issued by BC Invest that contained purely Australian domestic and SMSF prime borrowers and further evidences BC Invest’s shift towards a largely resident borrower RMBS program mix.

 Commenting on the issuance, Mr. Chris HOONG, Chairman of BC Invest and Managing Director of FEC, said, “Once again, we are delighted to see BC Invest successfully settling another significant RMBS transaction to facilitate the longer-term financing of its rapidly growing mortgage book. This marks BC Invest’s fourth RMBS issued under the Crimson shelf with total RMBS funds raised now exceeding A$3.3 billion in the last three years. The RMBS market is an integral part of our financing strategy and we are very pleased to see that institutional investors remain very supportive of the BC Invest story.”

 Mr. David Hinde, Chief Executive Officer of BC Invest, said, “The successful private placement of the Crimson 2023-1P A$456m RMBS emanated from a reverse inquiry from a large Australian institution which demonstrates that BC Invest has built a solid capital markets brand and reputation in the market for regular issuance and flexibility.

We are proud of the tremendous progress we have made over the last 5 years, growing from A$200 million in loan assets to over A$5.5 billion today. We expect our loan book to exceed A$10 billion within the next 2 years."

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, Mainland China, the United Kingdom, Singapore, Vietnam, Philippines and Malaysia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as one of the top lender in Australia servicing non-resident borrowers.

It’s Australian lending entity-BC Securities Pty Limited – is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to both Australian residents and non-residents, expatriates, Self-Managed Super Funds and small businesses in Australia.  

In March 2023, BC Invest completed the full acquisition of Mortgageport Management Pty Ltd, an Australian specialist prime mortgage lender with A$1.6 billion of loans under management, increasing BC Invest’s loans under management to A$5.2 billion.

About Far East Consortium International Limited

Far East Consortium International Limited (“FEC”, together with its subsidiaries, the “Group”) has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group (excluding BC Invest) is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming and related operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Mr. Dylan Song
Contact Number: (852) 2850 0696
Email: dylan.song@fecil.com.hk

Wonderful Sky Financial Group Limited
Miss Gia Yuan / Miss Shirley Chen
Contact Number: (852) 3977 1887 / (852) 3977 1803
Email: fec@wsfg.hk

(19 April 2023 – Hong Kong) BC Investment Group (“BC Invest”), a diversified financial services group, c.53 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has confirmed the successful issuance of its A$507 million Australian dollar-denominated Coventry 2023-1 Bond Trust, a residential mortgage-backed security (RMBS). The "AAA"-rated notes priced at 160bp plus 1m BBSW and accounted for 92% of the issued volume.

The transaction, BC Invest’s seventh RMBS issuance in the last two and a half years, was priced on 19 April 2023. The RMBS is backed by first mortgage loans to Australian resident borrowers, including Self-Managed Super Funds (“SMSF”) prime borrowers, secured by mortgages over Australian residential properties. This was the first RMBS issued by BC Invest that contained purely Australian domestic and SMSF prime borrowers and further evidences BC Invest’s shift towards a largely resident borrower RMBS program mix.

Commenting on the issuance, Mr. Chris HOONG, Chairman of BC Invest and Managing Director of FEC, said, “Once again, we are delighted to see BC Invest successfully tapping the RMBS market to facilitate the longer-term financing of its rapidly growing mortgage book. Despite the market facing headwinds, existing and new investors showed strong interest to participate. We believe that the solid fundamentals of the Australian RMBS market are being increasingly recognized by investors globally and this bodes well for the future. This marks BC Invest’s third series of RMBS issued (Ruby, Crimson and Coventry) with total RMBS funds raised now exceeding A$2.85 billion in the last two and a half years. The RMBS market is an integral part of our financing strategy.”

Mr. David Hinde, Chief Executive Officer of BC Invest, said “The successful launch of our entirely new Coventry bond program is a key milestone for BC Invest. The new program comprises purely Australian-resident borrower mortgages, reflective of our focus on this very substantial market segment. The transaction garnered strong support from both domestic and offshore investors and enabled an upsize in the bond from A$406 million to A$507 million.

We are proud of the tremendous progress we have made over the last 5 years, growing from A$200 million in loan assets to today A$5 billion. We expect our loan book to exceed A$10 billion within the next 2 years."

-END-

About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, Mainland China, the United Kingdom, Singapore, Vietnam, Philippines and Malaysia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as one of the top lender in Australia servicing non-resident borrowers.

It’s Australian lending entity-BC Securities Pty Limited – is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to both Australian residents and non-residents, expatriates, Self-Managed Super Funds and small businesses in Australia.  In March 2023 BC Invest completed the full acquisition of Mortgageport Management Pty Ltd, an Australian specialist prime mortgage lender with A$1.6 billion of loans under management, increasing BC Invest’s loans under management to A$5.2 billion.

About Far East Consortium International Limited

Far East Consortium International Limited (“FEC”, together with its subsidiaries, the “Group”) has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group (excluding BC Invest) is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming and related operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Wonderful Sky Financial Group Limited
Miss Gia Yuan / Miss Shirley Chen
Contact Number: (852) 3977 1887 / (852) 3977 1803
Email: fec@wsfg.hk

(5 December 2022 – Hong Kong) BC Invest, a diversified financial services group, c.53 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has confirmed the successful issuance of its A$408 million Australian dollar-denominated Crimson Bond Trust 2022-2P, a residential mortgage-backed securities (RMBS) bond.

The transaction, BC Invest’s sixth RMBS issuance in the last 2 years, was priced on Friday 2 December 2022. The RMBS was backed primarily by first mortgage loans to both Australian resident and non- resident borrowers, including SMSF prime borrowers, secured by mortgages over Australian residential properties. This was the third RMBS issued by BC Invest that contained a large proportion of Australian domestic and SMSF prime borrowers and further illustrates the shift towards a largely resident borrower RMBS program mix.

Commenting on the issuance, Mr Chris HOONG, Chairman of BC Invest and Managing Director of FEC, said, “Once again, we are delighted to see BC Invest successfully tapping the RMBS market, to continue on its strong growth trajectory. Despite volatile market conditions, existing and new investors showed strong interest to participate. We believe that the solid fundamentals of the Australian RMBS market are being increasingly recognized by investors globally and this bodes well for the future. Having originated more than A$2.5 billion in new loans in the last 12 months and now raised A$2.4 billion from RMBS issuances in the last 2 years, the RMBS market is an integral part of our financing strategy.”

Mr David Hinde, Chief Executive Officer of BC Invest, said “this latest RMBS offer further demonstrates the success of our Australian domestic origination strategy and our preparedness to maintain our regular RMBS issuance program despite unfavourable market conditions, this being particularly important for our investors and the financial institutions that support us.

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, Mainland China, the United Kingdom, Singapore, Vietnam, Manila and Malaysia. BC Invest offers a seamless combination of personal and financial services that seek to give clients attractive investment returns.

Its Australian lending entity-BC Securities Pty Limited – is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to both Australian residents and non- residents, expatriates, Self-Managed Super Funds and small businesses in Australia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as the top lender in Australia servicing non-resident borrowers.

About Far East Consortium International Limited

Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since1972 (HKEx Stock code: 35.HK). The Group is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Wonderful Sky Financial Group Limited
Miss Gia Yuan / Miss Shirley Chen
Contact Number: (852) 3977 1887 / (852) 3977 1803
Email: fec@wsfg.hk

(30 August 2022 – Hong Kong) BC Invest, a diversified financial services group, c.53 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has today confirmed the successful issuance of its A$408 million Australian dollar-denominated Crimson Bond Trust 2022-1, a residential mortgage-backed securities (RMBS) bond.

The transaction, BC Invest’s fifth RMBS issuance in the last 20 months, was launched yesterday and priced today. The RMBS was backed primarily by first mortgage loans to both Australian resident (75%) and non- resident borrowers (25%), including SMSF prime borrowers, secured by mortgages over Australian residential properties. This was the second RMBS issued by BC Invest that contained a large proportion of Australian domestic and SMSF prime borrowers and signals a shift towards a new RMBS program mix.

 Commenting on the issuance, Mr Chris HOONG, Chairman of BC Invest and Managing Director of FEC, said, “Once again, we are delighted to see BC Invest tapping successfully the RMBS market to continue on its strong growth trajectory. Despite volatile market conditions, existing and new investors showed strong interest to participate. We believe that the solid fundamentals of the Australian RMBS market are being increasingly recognized by investors globally and this bodes well for the future. Having originated more than A$2.5 billion in new loans in the last 12 months and now raised A$2 billion from RMBS issuances in the last 20 months, the RMBS market is an integral part of our financing strategy.”

 Mr David Hinde, Chief Executive Officer of BC Invest, said “this latest RMBS offer signals to the market the success of our Australian domestic origination strategy and our preparedness to maintain our regular RMBS issuance program despite unfavourable market conditions, this being particularly important for our investors and the financial institutions that support us.

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, Mainland China, the United Kingdom, Singapore, Vietnam, Manila and Malaysia. BC Invest offers a seamless combination of personal and financial services that seek to give clients attractive investment returns.

 Its Australian lending entity-BC Securities Pty Limited – is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to both Australian residents and non- residents, expatriates, Self-Managed Super Funds and small businesses in Australia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as the top lender in Australia servicing non-resident borrowers.

About Far East Consortium International Limited

Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Wonderful Sky Financial Group Limited
Miss Gia Yuan / Miss Shirley Chen
Contact Number: (852) 3641 1317 / (852) 3970 2106
Email: fec@wsfg.hk

(6 April 2022 – Hong Kong) BC Invest, a diversified financial services group, c.53 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has today confirmed the successful issuance of its A$416 million Australian dollar-denominated Ruby Bond Trust 2022-1, a residential mortgage-backed securities (RMBS) bond.

The transaction, BC Invest’s fourth RMBS issuance, was launched and priced over a three-day period last week. The RMBS was backed primarily by first mortgage loans to both Australian resident and non-resident borrowers secured by mortgages over Australian residential properties. This was the first RMBS issued by BC Invest that contained a proportion of domestic borrowers and green tranches (all previous BC Invest RMBS offers had been backed by first mortgage loans to non-residents of Australia).

Commenting on the issuance, Mr Chris HOONG, Managing Director of FEC, said, “We are delighted with the successful result of BC Invest’s latest RMBS offering against a volatile global market backdrop. We are particularly pleased with the strong and growing support institutional investors continue to provide to BC Invest. This issue also marks three major milestones for BC Invest having now issued Green Bonds, surpassed A$1.5 billion RMBS issuance within the last 15 months and A$2 billion in new loan originations over the last 12 months.”

Mr David Hinde, Chief Executive Officer of BC Invest, said “this latest RMBS offer signals to the market our preparedness to maintain our regular RMBS issuance program despite unfavourable market conditions, this being particularly important for our investors and the financial institutions that support us. We are also pleased to note the inclusion of several green tranches and Australian domestic borrowers in the pool of mortgages, this being a focus for BC Invest as we continue to buildout our Australian domestic platform with a focus on sustainability. We are pleased to have worked with Metrics Credit Partners as Sustainability Coordinator and DNV as second party opinion provider.”

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, New Zealand, Mainland China, the United Kingdom, Singapore, Vietnam and Malaysia. BC Invest offers a seamless combination of personal and financial services that seek to give clients attractive investment returns.

Its Australian lending entity - BC Securities Pty Limited - is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to non-residents, expatriates, Self-Managed Super Funds and small businesses in Australia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as the top lender in Australia servicing non-resident borrowers.

About Far East Consortium International Limited

Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Strategic Financial Relations Limited
Ms. Mandy Go / Ms. Jenny Lam
Contact Number: (852) 2864 4812 / (852) 2864 4883
Email: mandy.go@sprg.com.hk / jennysy.lam@sprg.com.hk

The Fund offers investors the opportunity to invest in four classes of units:

1) Green Units – Class A1 Units (3-month term of investment) and Class A2 Units (6-month term of investment) will offer investment in securities backed by mortgage assets secured by Australian residential and commercial properties and cash assets with the proceeds allocated to Eligible Green Loans originated by BC Group under its Green Financing Framework. Class A1 Units are offered with a target variable rate of 2.10% p.a. and Class A2 Units with a target variable rate of 2.35% p.a.

2) Credit Units – Class A3 Units (1-year term of investment) and Class A4 Units (2-year term of investment) offer investment in securities backed by mortgage assets secured by Australian residential and commercial properties and cash. Class A3 Units are offered with a target variable rate of 4.65% p.a. and Class A4 Units with a target variable rate of 4.80% p.a.

The BC Invest Australian Credit Fund is the first investment product of its kind in Australia, offering investors the ability to direct their investment into energy efficient housing.

BC Group CEO David Hinde said:

“BC Group has long recognised the significant impact that property has on global greenhouse gas emissions and we are excited to be able to offer an investment product that will enable improved energy efficiency in the building sector.

“By ensuring the full amount invested in Green Units in the Fund is used to refinance green mortgage loans originated by the BC Group, we believe the Fund is unique in offering investors capital stability and an attractive target income return, together with genuine environmental impact.”

All Green Units have been independently certified as Climate Bonds by the Climate Bonds Initiative and are aligned with the goals set out by the Paris Agreement.

Metrics Credit Partners acted as Sustainability Coordinator in respect of the Fund, working closely with BC Invest to develop its Green Financing Framework and obtain Climate Bonds certification.

Andrew Lockhart, Managing Partner of Metrics Credit Partners, said:

“Metrics is proud to have acted as sustainability coordinator for this pioneering offering of Green Units.

“As the first non-bank asset manager in Australia to become a Climate Bonds Partner, Metrics is determined to play a leading role in promoting and assisting with the transition to a low carbon economy. We are delighted to work with BC Invest and the Climate Bonds Initiative to offer green investment opportunities to investors in Australia.”

Sean Kidney, CEO, Climate Bonds, said:

"As the climate clock races, so should finance that supports green solutions. Capital allocation towards Paris-aligned investments needs to accelerate every year, rippling through to the real economy, including energy efficient buildings. We congratulate BC Invest on its innovative Green Units, supporting investment in energy efficient homes in Australia. It's a positive in domestic market development."

The launch of the BC Invest Australian Credit Fund follows a period of rapid expansion for BC Group, including the acquisition of a strategic partnership and long-term funding support arrangement with one of Australia’s leading non-bank lenders, Mortgageport, in October 2021, the Group’s launch in September 2021 into the UK market where it secured a GBP£255m warehouse facility from Credit Suisse to fund buy-to-let mortgages to non-resident overseas investors, an A$500m RMBS transaction in July 2021 that attracted over A$2b in bids and the launch of its BC Invest Credit Fund Series #1 in 2020 and subsequent Series #2 and Series #3 in 2021.

The Group is forecast to grow assets under management to more than A$25b within the next 5 years.

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ABOUT BC INVEST:

BC Invest is a fast-growing diversified financial services group, headquartered in Hong Kong SAR. BC Invest has offices in Australia, United Kingdom, Singapore, Hong Kong SAR, Malaysia, New Zealand, China and Vietnam. It offers a wide-range of financial services, including mortgage lending, asset management, tax and accounting services, and has strategic investments in fintech & proptech companies. BC Invest is majority-owned by a group of institutional shareholders, including Far East Consortium International Limited, one of Asia’s largest alternative investment management firms, and Metrics Credit Partners, a leading Australian non-bank corporate lender and alternative asset manager specialising in fixed income, private credit, equity and capital markets. BC Invest is supported by some of the leading global names in finance, including international banks and global credit funds.

For further information, please visit:

www.bcinvest.co

For media enquiries, please contact:

Miche Hartigan: +61 (0)400 353 762

(12 October 2021 – Hong Kong) BC Invest, a diversified financial services group, c.51% owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), today announced a strategic partnership and long-term funding support arrangement with one of Australia’s leading nonbank lenders, Mortgageport Management Pty Ltd (“Mortgageport”). The transaction will see BC Invest acquire a 53 per cent stake in Mortgageport, including a significant placement of new equity and sponsorship of Mortgageport’s current and future warehouse facilities.

BC Invest is a diversified financial services group, headquartered in Hong Kong SAR, with current assets under management of AUD$1.85b. Mortgageport currently has AUD$1.5b of assets under management and is the only lender that is not an authorised deposit-taking institution to be appointed to the Australian Commonwealth Government’s first home loan deposit scheme.

Together the combined group will have assets under management of over AUD$3.3b with 190 staff across 11 offices in seven countries.

The pair anticipates that the infusion of new permanent capital together with BC Invest’s funding support will enable the Mortgageport business to accelerate its growth plans with a view to trebling assets under management within the next few years and establishing it as one of the top three nonbank mortgage managers in the Australian domestic market.

Mortgageport founder and managing director, Mr Glenn Spratt, said:“Mortgageport has established its pedigree over the past 23 years and now, with the support of BC Invest, we have the capacity to become Australia’s lender of choice.

“Mortgageport routinely exceeds AUD$100m per month in mortgage applications and we intend to grow this to an industry-leading level over the coming two to three years.” BC Invest chief executive officer, Mr David Hinde, added:“The transaction with Mortgageport evidences BC Invest’s growth by partnership approach as we align ourselves with established and respected businesses across both the APAC region and the United Kingdom and work towards our five-year plan of becoming one of Asia’s non-bank financial institutions.”

“We expect our partnership with Mortgageport will deliver immediate operational and funding efficiencies and provide both parties with access to a deeper pool of institutional capital as we grow our capital markets program.”

For BC Invest, the investment in Mortgageport follows its launch last month into the UK market where it secured a GBP£255m warehouse facility from Credit Suisse to fund buy-to-let mortgages to non-resident overseas investors, and separately an AUD$500m RMBS transaction in July that attracted over AUD$2b in bids.

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About BC Invest

BC Invest is a fast-growing diversified financial services group, headquartered in Hong Kong SAR, with assets under management (AUM) forecast to grow to over AUD$25b within the next 5 years. BC Invest has offices in Australia, United Kingdom, Singapore, Hong Kong SAR, Malaysia, New Zealand, China and Vietnam. It offers a wide-range of financial services, including mortgage lending, asset management, tax and accounting services, and has strategic investments in fintech & proptech companies. BC Invest is majority-owned by a group of institutional shareholders, including Far East Consortium International Limited, one of Asia’s largest alternative investment management firms, and a leading Australian non-bank lender specialising in fixed income, private credit, equity and capital markets. BC Invest is supported by some of the leading global names in finance, including international banks and global credit funds.

About Mortgageport

Mortgageport is a non-bank lender and a mortgage manager with a rich history in Australia. Since its founding in 1998, Mortgageport has provided home loans worth billions of dollars to over 15,000 customers. With more than AUD$1.5b of mortgage assets currently under management, the key to Mortgageport’s long term success is its customer centric approach. Focused on providing homeloans to high quality borrowers who prefer a direct and professional relationship, customers have confidence they have the right financial solution without having to pay a premium for the service they deserve. With the ability to adapt to change and a with a platform which enables growth and efficiencies, Mortgageport is able to deliver for borrowers now and into the future. We're a longstanding member of the Mortgage Finance Association of Australia, and we work with more than 120 accounting firms who refer their clients to us, with confidence.

About Far East Consortium International Limited

Far East Consortium International Limited has been listed on The Stock Exchange of Hong Kong Limited since 1972 (Stock code: 35.HK). FEC is an investment holding company and the principal activities of its subsidiaries (“FEC Group”) are property development, property investment, hotel operations and management, car park operations and facilities management, gaming and related operations, securities and financial product investments, and provision of mortgage services. FEC Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong SAR, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Wonderful Sky Financial Group Limited
Miss Gia Yuan / Miss Ellie Suen
Contact Number: (852) 3970 2182 / (852) 3970 2255
Email: fec@wsfg.hk

(23 June 2021 – Hong Kong) BC Invest, a diversified financial services group, c.51 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has announced the pricing of its Australian dollar-denominated Ruby Bond Trust 2021-1, a residential mortgage-backed securities (RMBS) bond.

The transaction was launched at A$500 million reflecting the strong initial investor demand across all tranches and has subsequently priced at a weighted average margin of 2.1%. The RMBS are non-recourse to FEC and BC Invest and are backed primarily by first mortgage loans to non-Australian resident borrowers secured by mortgages over Australian residential properties.

Commenting on the issuance, Mr Chris HOONG, Managing Director of FEC, said: “We are delighted with the success of BC Invest’s second RMBS offering, noting in particular the level of demand, the pricing achieved and quality of the investors that have participated. Over the last 6 months the team has added 2 new warehouse facilities to its funding capacity with a further 4 facilities set to close in the next 2 months, which will give BC Invest c.A$2.5 billion of balance sheet capacity. In addition, BC Invest has launched into the United Kingdom to further expand its mortgage offering to its Asian customers which further underpins BC Invest’s strategic and synergy value to FEC.”

Mr David Hinde, Chief Executive Officer of BC Invest, said: “Despite the challenges of the global economy, BC Invest is continuing to grow its business and investor base both in Australia and offshore. Investor interest in Australia remains robust, largely thanks to Australia’s strong economic rebound over the last few months. BC Invest has built a strong platform, well-funded, and is poised to continue to grow as the demand for its products and services remains firm.”

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, New Zealand, Mainland China, the United Kingdom, Singapore, Vietnam and Malaysia. BC Invest offers a seamless combination of personal and financial services that seek to give clients attractive investment returns.

Its Australian lending entity - BC Securities Pty Limited - is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to non-residents, expatriates, Self-Managed Super Funds and small businesses in Australia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as the top lender in Australia servicing non-resident borrowers.

About Far East Consortium International Limited

Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Strategic Financial Relations Limited
Ms. Mandy Go / Ms. Jenny Lam
Contact Number: (852) 2864 4812 / (852) 2864 4883
Email: mandy.go@sprg.com.hk / jennysy.lam@sprg.com.hk

(10 November 2020 – Hong Kong) BC Invest, a diversified financial services group, c.51 % owned by Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), has announced the pricing of its inaugural Australian dollar-denominated Ruby Bond Trust 2020-1, a residential mortgage-backed securities (RMBS) bond.

The transaction was upsized from A$260 million to A$416 million in response to strong investor demand across all tranches. The RMBS are backed primarily by first mortgage loans to non-Australian resident borrowers secured by mortgages over Australian residential properties.

Commenting on the issuance, Mr Chris HOONG, Managing Director of FEC, said, “We are delighted with the successful launch of BC Invest’s first RMBS offering against a volatile market backdrop. We are particularly pleased with the quality of the investors that have participated and the strong support and endorsement they have demonstrated to BC Invest. This inaugural issue marks a major milestone for both BC Invest and FEC. BC Invest has ambitious plans to grow internationally. Access to capital markets at attractive terms will enable BC Invest to be even more competitive going forward and stands it in great stead to embark on its next phase of development.”

Mr David Hinde, Chief Executive Officer of BC Invest, said “Despite the global challenges, the Australian property market continues to offer good investor returns. Australia’s ability to manage the pandemic, the transparent and robust regulatory framework have given confidence and a peace of mind to institutional and individual global investors.”

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About BC Investment Group

BC Investment Group (“BC Invest”) is one of the leading Asian financial services groups headquartered in Hong Kong and operating across Australia, New Zealand, Mainland China, the United Kingdom, Singapore, Vietnam and Malaysia. BC Invest offers a seamless combination of personal and financial services that seek to give clients attractive investment returns.

Its Australian lending entity - BC Securities Pty Limited - is a non-bank lender with a dedicated residential real estate finance team that specializes in mortgage lending to non-residents, expatriates, Self-Managed Super Funds and small businesses in Australia. With FEC’s support, BC Invest launched one of Australia’s first lending products for borrowers earning foreign income in 2016 and is now ranked as the top lender in Australia servicing non-resident borrowers.

About Far East Consortium International Limited

Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since 1972 (HKEx Stock code: 35.HK). The Group is mainly engaged in property development and investment, hotel development and management, car park operations and facilities management, securities and financial product investment and gaming operations. The Group adopts the diversified regional strategy and the “Asian Wallet” strategy with business covering Hong Kong, Mainland China, Australia, New Zealand, Malaysia, Singapore, the United Kingdom and other European countries.

FEC official website:

• www.fecil.com.hk

FEC WeChat and Weibo:

• https://www.weibo.com/u/5703712831

For further information, please contact:

Media enquiries:

Ms. Kat Chow
Contact Number: (852) 2850 0625
Email: kat.chow@fecil.com.hk

Strategic Financial Relations Limited
Ms. Mandy Go / Ms. Jenny Lam
Contact Number: (852) 2864 4812 / (852) 2864 4883
Email: mandy.go@sprg.com.hk / jennysy.lam@sprg.com.hk

Our brand promise is to deliver to you more accessible, bespoke finance solutions and investment opportunities.

What it means for our customers and partners 

It is business as usual for now as we plan for the launch of our new services. We will of course continue to provide you with bespoke lending solutions and personalised service with the same level of dedication and professionalism as before.

You’ll soon start to see changes to our identity system and as we start this process,  we  would like to thank you and all our loyal clients, without whom the success of our business would not have been possible. The BC team and I look forward to continuing to provide excellent service to you in the years to come.