Far East Consortium

Hong Kong Dinner in London returns after 4-year hiatus

Retrieved on: 
Thursday, September 21, 2023

LONDON, Sept 21, 2023 - (ACN Newswire) - London, Sept 21, 2023 - (ACN Newswire) - After a four-year absence due to the pandemic, the Hong Kong Trade Development Council (HKTDC) once again organised the annual Hong Kong Dinner in London to celebrate Hong Kong-UK ties and promote business opportunities and growth globally.

Key Points: 
  • LONDON, Sept 21, 2023 - (ACN Newswire) - London, Sept 21, 2023 - (ACN Newswire) - After a four-year absence due to the pandemic, the Hong Kong Trade Development Council (HKTDC) once again organised the annual Hong Kong Dinner in London to celebrate Hong Kong-UK ties and promote business opportunities and growth globally.
  • HKTDC Chairman Dr Peter K N Lam [L]; Mr. Paul Chan, Financial Secretary of the Hong Kong SAR, [centre]; and Margaret Fong, Executive Director of the HKTDC, [R] attended the Hong Kong Dinner in London organised by the HKTDC.
  • Speaking at the Hong Kong Dinner in London, HKTDC Chairman Dr Peter K N Lam said that the HKTDC looks forward to strengthening ties between the UK and Hong Kong business communities in the years ahead.
  • The Hong Kong Dinner in London has been a long-standing tradition, taking place annually since 1983.

Gaming Innovation Group signs platform deal with Palasino

Retrieved on: 
Tuesday, April 11, 2023

ST JULIAN'S, Malta, April 11, 2023 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG), has today completed its full agreement with Palasino Malta Ltd (PML), part of Trans World Hotels & Entertainment a.s. (TWHE) , following a head of terms announced on 24 January.

Key Points: 
  • ST JULIAN'S, Malta, April 11, 2023 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG), has today completed its full agreement with Palasino Malta Ltd (PML), part of Trans World Hotels & Entertainment a.s. (TWHE) , following a head of terms announced on 24 January.
  • As a leading iGaming platform and sportsbook provider, GiG has built a strong reputation with land-based operators looking to expand on their digital aspirations.
  • The agreement is signed for an initial period of five years, and is expected to be live during H1 2023.
  • Marcel Elfersy, CCO of GiG, said: "We're really pleased to have the ink dry on this deal with Palasino, seeing a wealth of opportunity in the partnership for both businesses to expand into.

Gaming Innovation Group signs platform deal with Palasino

Retrieved on: 
Tuesday, April 11, 2023

ST JULIAN'S, Malta, April 11, 2023 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG), has today completed its full agreement with Palasino Malta Ltd (PML), part of Trans World Hotels & Entertainment a.s. (TWHE) , following a head of terms announced on 24 January.

Key Points: 
  • ST JULIAN'S, Malta, April 11, 2023 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG), has today completed its full agreement with Palasino Malta Ltd (PML), part of Trans World Hotels & Entertainment a.s. (TWHE) , following a head of terms announced on 24 January.
  • As a leading iGaming platform and sportsbook provider, GiG has built a strong reputation with land-based operators looking to expand on their digital aspirations.
  • The agreement is signed for an initial period of five years, and is expected to be live during H1 2023.
  • Marcel Elfersy, CCO of GiG, said: "We're really pleased to have the ink dry on this deal with Palasino, seeing a wealth of opportunity in the partnership for both businesses to expand into.

Cerberus and Highgate to Acquire Dorsett City London Hotel

Retrieved on: 
Tuesday, June 15, 2021

Cerberus Capital Management, L.P. (together with its affiliates Cerberus) and Highgate today announced the signing of a Sale and Purchase Agreement (SPA) for the acquisition of Dorsett City London, located at 9-13 Aldgate High Street in London (the Hotel), from subsidiaries of Far East Consortium International Limited (FEC; SEHK: 35).

Key Points: 
  • Cerberus Capital Management, L.P. (together with its affiliates Cerberus) and Highgate today announced the signing of a Sale and Purchase Agreement (SPA) for the acquisition of Dorsett City London, located at 9-13 Aldgate High Street in London (the Hotel), from subsidiaries of Far East Consortium International Limited (FEC; SEHK: 35).
  • Located in the heart of Londons financial district with a strong reputation for luxury and service, Dorsett City London is well-positioned to capitalize on the ongoing economic recovery.
  • We are excited to add Dorsett City London to our growing portfolio of high-quality U.K. and European hospitality assets, said Lee Millstein, President of Cerberus Global Investments and Global Head of Real Estate for Cerberus.
  • Mehdi Khimji, Co-Founder and Managing Principal of Highgate, commented, Highgate is excited to collaborate with Cerberus to acquire this prominent London property that is poised to meet the steadily rising demand for premier hospitality experiences for business and leisure.

AMTD International Inc. Announces Private Placement Financings and Appointment of New Director and Officer

Retrieved on: 
Friday, December 20, 2019

Mr. Andrew Chiu is the son of Tan Sri Dato David Chiu, chairman of Far East Consortium International Limited (SEHK: 35).

Key Points: 
  • Mr. Andrew Chiu is the son of Tan Sri Dato David Chiu, chairman of Far East Consortium International Limited (SEHK: 35).
  • Mr. Chiu has served various positions since he joined Far East Consortium International Limited in 2009 and is currently assistant to the chairman.
  • Mr. Derek Chung will serve as managing director, chief strategy and business development officer, and head of investment banking of the Company.
  • AMTD International Inc. (NYSE: HKIB) is a premier Hong Kong-headquartered financial institution group, Asias No.

FEC (35.HK) Garners Twelve Honours at the HKIRA 5th Investor Relations Awards 2019

Retrieved on: 
Thursday, May 30, 2019

HONG KONG, May 30, 2019 /PRNewswire/ -- Far East Consortium International Limited ("FEC" or the "Group"; SEHK: 35) is delighted to announce that the Group won twelve top honours at the HKIRA 5thInvestor Relations Awards organized by Hong Kong Investor Relations Association ("HKIRA"), including "Overall Best IR Company (Small Cap)" and "3 Years IR Awards Winning Company".

Key Points: 
  • HONG KONG, May 30, 2019 /PRNewswire/ -- Far East Consortium International Limited ("FEC" or the "Group"; SEHK: 35) is delighted to announce that the Group won twelve top honours at the HKIRA 5thInvestor Relations Awards organized by Hong Kong Investor Relations Association ("HKIRA"), including "Overall Best IR Company (Small Cap)" and "3 Years IR Awards Winning Company".
  • The results were announced at the Awards Presentation Ceremony held in Hong Kongon 30 May 2019.Ms Venus Zhao, Head of Investor Relations & Corporate Finance of FEC, on behalf of the Group accepted the awards at the ceremony.
  • Launched in 2015, the HKIRA is a professional organisation comprising investor relations practitioners and corporate executives responsible for communications between corporate management and the investment community.
  • On winning the awards, Mr Chris Hoong, Managing Director of FEC,said: "We are truly honoured to receive these recognitions with twelve top honours from HKIRA.

FEC Wins Seven Awards in "2019 Asia's Best Managed Companies" Poll by FinanceAsia Including "Best Mid-Cap Company in Hong Kong"

Retrieved on: 
Friday, March 8, 2019

Tan Sri Dato' David Chiu, Chairman and Chief Executive Officer of the Groupwon the "Best CEOin Hong Kong", for the second consecutive year and Mr Angus Chan, Chief Financial Officer and Company Secretary of FEC won the "Best CFOin Hong Kong" award.

Key Points: 
  • Tan Sri Dato' David Chiu, Chairman and Chief Executive Officer of the Groupwon the "Best CEOin Hong Kong", for the second consecutive year and Mr Angus Chan, Chief Financial Officer and Company Secretary of FEC won the "Best CFOin Hong Kong" award.
  • The Group was also named "Best Mid-Cap Companyin Hong Kong", for the second consecutive year, in theFinanceAsia's"Asia's Best Managed Companies"Poll.
  • Mr. Chris Hoong, Managing Director of FECsaid: "We are proud and delighted to win seven awards in '2019 Asia's Best Managed Companies' Poll.
  • Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since 1972 (HKEx stock code: 35.HK).