Wednesday, October 19, 2016

Launched of Asia-Pacific One Belt One Road Tourism Industry Fund

Good news for all the Investors coz' Hong Kong based Evergreen Offshore Inc. ("Evergreen") launches private equity fund worth HKD10 billion known as Asia Pacific One Belt One Road Tourism Industry Fund ("the Fund"), a private equity fund targeting the tourism sector in Malaysia.
Evergreen aims to further boost the relationship between China and Malaysia by investing in our country's tourism sector for long term gain backed by the evident growth of our tourism industry and our government's plan to increase the investment in developing the sector.
L-R: Louis Loh, Group CEO of AFV Consultants Group Sdn Bhd, Eric Chu, Group CEO of Evergreen Group, Danni Wong, Director of Evergreen Offshore Inc. Davy Chan, Chairman of Evergreen Group, YM Tengku Seri Setia Laksamana Kiri, YM Dato' Seri Nik Ahmad Zulhilmi Bin YM Nik Mohamad (Patron of the fund), YAM Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin, YM Dato' Seri Tengku Rozila Azlan Bin YM Tuan May, YM Dato' Seri Nik Ahmad Khushairi Bin YM NIk Mohamad, Tan Sri Dr. Ong Tee Keat
"The Fund is set up with a long-term vision to promote the tourism sector in countries and regions along the 21st Century Maritime Silk Road," said Mr Davy Chan, Chairman of the Evergreen Group. "Through our partners here in Malaysia, as well as our own findings, we understand that the Malaysian government will increase its investment in the tourism industry."
L-R: Andrew Tan, Palm Springs Development Sdn Bhd, Kelvin Foo Explicit Aqua Innovations Sdn Bhd,  Davy Chan, Chairman of Evergreen Group, YM Tengku Seri Setia Laksamana Kiri, YM Dato' Seri Nik Ahmad Zulhilmi Bin YM Nik Mohamad (Patron of the fund), Ada Poon Yin Hoong, AmLeisure Media Sdn Bhd, Poon Chun Hoo, T Senz International Sdn Bhd
Tourism and travels are Malaysia's third largest source of foreign exchange earnings at RM61 billion which is 5.7% of its total gross domestic product (GFP). The number is projected to reach to RM262.2 billion which is 15.8% of its GDP by 2025.
Agreement signing ceremony by Mr Chan, Chairman of Evergreen for the collaboration between few parties and witness by YM Dato' Seri Nik
"By working with Hong Kong and Mainland China, Malaysia will gain better financial strength thus strengthening its existing foundation and infrastructure in the hopes of achieving more integrated productivity and attracting investment", Chan said.
Tan Sri Dr. Ong represent Tourism Ministry to received the certificate from Mr Chan
One Belt, One Road is a development strategy and framework proposed by Chinese paramount leader, Xi Jinping that focuses on connectivity and co-operation among countries primarily between the People's Republic of China and the rest of Eurasia. Malaysia is strategically situated on the south belt. In addition to the Chinese government, many private sectors which include Evergreen, have come together and aspire to contribute to the success of the ambitious initiative by investing in relevant projects in the One Belt, One Road trade youth.
15 beauties from China compete for the appointment of 3 as the Embassador to promote the Fund
Evergreen is already in talks with a few potential project owners who are directly involved in the tourism development projects. The Company has allocated HKD2 billion from the Fund to invest in Malaysian projects ahead of its other targeted markets including Thailand and Vietnam. The Fund  is managed by Ever Centurion Limited based in Hong Kong. AFV Consultants Group Sdn Bhd is exclusive strategy partner in Malaysia involved in project assessment and due diligence process.
After the signing ceremony, we had a Cocktail Reception and at 8 p.m., we proceed to have our 5 Course dinner at the Ballroom of Renaissance Hotel where 15 pageant finalists had performed to all of the audiences and VIPs. Some sang, some dance and some act on it. All the finalists had done their very best to be elected as the embassadors of the fund.
After all the great performances, all the VIPs went up to the stage for launching of the fund. Gifts of appreciation were given to Dato' Seri Nik and Tunku Dato' Seri Shahabuddin for their attendance to witness the launched. 
A fund raising was held on that glamour night where 2 arts done by a China's famous artist were up for auction and a generous donor had bought both of the arts for around RM14,500. The money received from the auction will use it as charity.
The generous guy (Right) who bought 2 of the beautiful arts for charity and the arts were presented by the Chinese Artist (Left) directly
Mommy Jane was happy to see a new fund launched at Malaysia. Hope the fund will bring more returns to its investors and helps to build our tourism industry. Mommy Jane had a great times enjoying the performance of the 15 talented finalists and hope the top 3 who will be elected as the Embassadors of the Fund will do their best in promoting the Fund and raise awareness to all Malaysians on the new fund available now in the market.







22 comments:

  1. this is beneficial for Malaysia and China... we get more tourist here from China soon... yaaayy...

    ReplyDelete
    Replies
    1. Miera, indeed a great news to all of us. Hope more income to our country soon.

      Delete
  2. bring more malaysians to visit china please! i love china

    ReplyDelete
    Replies
    1. Wilson, bring more China tourists to come here and spends.

      Delete
  3. I hope the tourism sector will grow and develop the economy in Malaysia

    ReplyDelete
    Replies
    1. Rawlin, l hope it too and we, Malaysians will have a better life.

      Delete
  4. Must've been a great event! The girls looked so gorgeous, especially their traditional outfits!

    ReplyDelete
    Replies
    1. Audrey, l love their traditional outfits too. It is indeed a great event to all of us.

      Delete
  5. Guess need more democratic session with China, they used to hate us.

    ReplyDelete
    Replies
    1. Carina, no more now. More and more China tourists visiting us now.

      Delete
  6. Great for the 2 country to work together. Build a stronger relationship. Nice article.

    ReplyDelete
    Replies
    1. Olivia, tq. I really hope so and hopefully will makes our economy grow.

      Delete
  7. Never been to China, but I know Msia recently got quite a lot of China tourists as well! Hope this tourism can grow up Msia economy!

    ReplyDelete
    Replies
    1. Jac, with the strong relationship, hopefully we could visit them too.

      Delete
  8. Great news to boost our tourism sector with this private equity fund :)

    ReplyDelete
  9. Good to hear that a new fund is launched at Msia. The event seemed great and filled with entertainment too!

    ReplyDelete
    Replies
    1. Candace, we can diversify our investment now and hope to get more return soon.

      Delete
  10. what a unique launch event.. tourism is rife in malaysia

    ReplyDelete
  11. Great launching event... Good for tourism malaysia~

    ReplyDelete