Member Updates

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: PBEC Board of Director and Corporate Member KPMG unveils its “Global Impact” Plan at virtual World Economic Forum – Davos 2021

PBEC Board of Director and Corporate Member KPMG unveils its “Global Impact” Plan at virtual World Economic Forum – Davos 2021. Message from Bill Thomas Global Chairman and CEO KPMG International. “As a firm, we’re driven by our Purpose — to inspire confidence and empower change. And after a year like 2020, our purpose has never been so important. The world faces existential challenges; confidence is shaken and change is needed. A global pandemic. Protests against racial injustice. Rising unemployment…

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: PBEC Board of Director and Corporate Member FEC – Far East Consortium a HK public listed firm continues its expansion and development plans in the UK post Brexit.

The developer has appointed Timea Nacsa as assistant development manager, Adam Barbour as completions coordinator and Stephen Clayton as sales manager, as it progresses the £1bn Northern Gateway and other schemes. Far East Consortium is mapping out the first phase of the masterplan to deliver up to 15,000 new homes across north Manchester over the next 10 to 15 years, in joint venture with the city council. In the meantime, it is constructing homes at its other Manchester schemes, the £150m…

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: Dato Vijay Eswaran, Founder & Executive Chairman of QI Group joins PBEC

We welcome our newest Corporate Member Dato Vijay Eswaran, Founder & Executive Chairman of QI Group based in Hong Kong and Malaysia. Vijay Eswaran is a prominent Malaysian entrepreneur, speaker, philanthropist and author. He is the founder and Executive Chairman of the QI Group of Companies, a multinational conglomerate with interests in direct selling, retail, financial services, real estate, hospitality, and education. The QI Group is headquartered in Hong Kong and Kuala Lumpur with operations in more than 30 countries….

: Aviation partner’s CEO captain Mark Burby heads up another successful disrupter project

As CEO of Aviation Partners Captain Mark Burby is a seasoned creator of disrupter model businesses. He started adult life as a Royal Marine Commando operating in one of the most elite Special Forces military units. Upon completing specialist military service, he was recruited into banking and corporate finance; quickly absorbing the skills of business by learning from the front line of business financing. Mark was responsible for assisting leisure, and real estate businesses structure their business models to obtain…

PraxisIFM Group Chairman & CEO

: PBEC Member Praxis-IFM – Global private client firm in talks to merge with Oak Group as part of its turnaround strategy after a poor annual result.

A NEW team heading one of Guernsey’s biggest financial services companies is helping turn around a financial loss – after ‘shortcomings’ in its acquisition strategy and organisational structure. PraxisIFM chairman Andrew Haining noted how the senior management team, led by Rob Fearis – in place since early 2020 – had quickly drawn lessons from the previous three years and implemented a ‘considerable number of changes’. The measures should see a significant improvement in profit and cash conversion during 2020 and…

53 By the Sea Takami

: PBEC Member Takami Corp Japan & Hawaii – 53 By The Sea a Hawaiian Restaurant run by Takami Bridal wins first prize in the seafood category of the 111-Hawaii Awards 2020

53 By The Sea, a Hawaiian restaurant run by TAKAMI BRIDAL (Headquarters: Shimogyo-ku, Kyoto, Representative Director Shigemitsu Takami), a comprehensive bridal company that produces high-quality weddings such as domestic and overseas weddings and wedding dresses. (Fifty Three by the Sea) won the first prize in the seafood category of the dining category of 111-HAWAII AWARD 2020 for the second consecutive year. At the same time, it won the second place in the bar / lounge / club category, and won a…

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: PBEC Member Top Glove Corp – Capacity reached 90 billion pieces

Top Glove Corp Bhd announced its annual rubber glove production capacity had reached 90 billion pieces as at October 2020 as the Covid-19 pandemic led to robust demand for its products to curb the spread of the outbreak. Top Glove said in its latest update on its website that its current glove production capacity involves 750 equivalent single former lines across 36 glove factories. Executive Chairman Tan Sri Lim shared with PBEC that a RM10 billion capex allocation for FY21…

pelangi-publishing

: PBEC Member Pelangi Publishing Group – Plans to take the firm private

Shares in Pelangi Publishing Group Bhd rose to its highest in seven months following a privatisation offer from its controlling shareholders. The textbook publisher rose 19.23%, or five sen to 31 sen, highest in seven months. The controlling shareholder, Datuk Sum Kown Cheek, who is also the company’s executive chairman and managing director, has written to Pelangi’s board of directors to notify his intention to take the company private via capital repayment of 36.5 sen per share. https://www.thestar.com.my/business/business-news/2020/10/05/quick-take-pelangi-shoot-up-19-on-privatisation-offer

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: PBEC Member Raffles Family Office – Raffles family office partners with Italian football club Juventus

Raffles Family Office, a Hong Kong-based wealth management firm, has signed a three-year partnership with Juventus, the famed Italian football club. The agreement means the family office will be the Juventus’ regional partner in Asia across five markets, including China, Hong Kong and Singapore. https://www.internationalinvestment.net/news/4020206/raffles-family-office-partners-italian-football-club

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: Henley & Partners Q4 Passport Index Report released powered by IATA

The Henley Passport Index is the original and most authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The index includes 199 passports and 227 travel destinations, giving users the most extensive and reliable information about their global access and mobility. With historical data spanning 15 years and regularly updated expert analysis on the latest shifts in passport power, the index is an invaluable resource for global citizens…