| Immediate Release | 17 September 2015 |
(17 September, 2015 - Hong Kong) Far East Consortium International Limited ("FEC" or the "Group"; SEHK: 35) is pleased to announce that the 2015 Asiamoney Best Managed Company Awards released its assessment results. For its excellent management, FEC won Best Managed Company in Hong Kong, Small Cap (market cap of under US$1bn) in the 2015 Asiamoney Best Managed Awards, the only company in Hong Kong to receive this distinguished award in the category. The results will be published within the September Issue of Asiamoney and was presented at Annual Summer Awards Dinner at the JW Marriot in Hong Kong on 16 September 2015.
The Asiamoney Best Managed Company Award is organized by Asiamoney - a leading financial publication joining with several key capital markets publications from the Euromoney Institutional Investor Group including Asiamoney - to recognize excellence performance in management, investor relations, disclosure and transparency, shareholder' rights and equitable treatment, accountability and ethics as well as corporate social responsibility.
The Poll invites equities heads of research and analysts to nominate the best managed listed companies in Asia. Companies across Asia market will be nominated on the basis of product / service innovation, rising market share, leadership in its industry, financial performance, consistency of performance, executive leadership, corporate governance. The poll covers the markets of Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Philippines, Malaysia, Singapore, Taiwan, Thailand and Vietnam.
Mr. David CHIU, Chairman of the Group said: "FEC are honored to win this international award. The award represents the recognition of the FEC among the investment community in our efforts of executive leadership, disclosure and transparency, investor relations, and accountability and ethics. In the past 5 years from 2011 to 2015, FEC revenue, net profit, basic EPS, and total dividend achieved 32.6%, 24.8%, 24.8% and 23% CAGR growth respectively. FEC will continue to create long term value for our shareholder through regular dividend distributions and enhancement in net asset value of the Group."
About Far East Consortium International Limited
Far East Consortium International Limited was listed on the Hong Kong Stock Exchange in 1972 (HKEx stock code: 35). The Group is mainly engaged in property development and investment, hotel operation and management, as well as car park and facilities management. The Group adopts diversified regional strategy and the "Chinese Wallet" strategy with business covering Hong Kong, Mainland China, Australia, Malaysia, Singapore, the United Kingdom and New Zealand.
For further information, please contact:
Far East Consortium International Limited
Ms. Venus Zhao, Head of Investor Relations and Corporate Finance
Contact Number: (852)2850 0639
Email: venus.zhao@fecil.com.hk
Wonderful Sky Financial Group
Ms. Alice Wang
Contact Number: (852)3970 2136
Email: fecil@wsfg.hk
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