Annual Report 2019
FAR EAST CONSORTIUM INTERNATIONAL LIMITED 70 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Date Organiser(s) Fixed Income/Equities Location(s) Conference/Activity 3 December 2018 RoadshowChina/Shenwan Hongyuan Equities Hong Kong Investor conference call 4-5 December 2018 DBS Equities Singapore Post Results NDR 6 December 2018 AMTD Equities/Fixed Income Hong Kong Post Results NDR 7 December 2018 DBS Equities Malaysia Post Results NDR 10 January 2019 FinancialPR Equities Shenzhen Corporate day The Group provided English and Mandarin simultaneous interpretation during the annual and interim results briefing, webcast playback and online Q&A session. This allowed investors to understand the Group’s business updates without being limited to geographical locations and schedule conflicts. The analysts’ coverage on FEC also expanded. During FY2019, 12 analyst reports were published on FEC, among which CIMB increased target price to HK$7.22 with buy rating maintained; AMTD increased target price to HK$5.69 with buy rating maintained; DBS Vickers increased target price to HK$4.76 with buy rating maintained and Sinopac, ICBCI and Zhongtai International also initiated non-rated coverage on FEC. The Group will continue to improve its information transparency through timely communication with investors as well as through regular corporate disclosures to ensure that the share price will better reflect the underlying value of the Group’s business. FY2019 Annual Results Announcement Shenzhen Non-deal Roadshow Communicating with our customers To protect the interests of our customers, we ensure all materials presented to the public is based on factual information. All relevant documents are reviewed by Public Relations Department before distribution or publication. For Property Development, we regulate the contents of our sales brochures and marketing materials in accordance with the Residential Properties (First-hand Sales) Ordinance in Hong Kong. To ensure our property agencies in Hong Kong fully understand property information and our requirements on marketing communications, they are required to attend our training sessions before conducting sales activities. The Group abides by relevant laws and regulations in relation to advertising and labelling matters of products and services provided, including but not limited to the Trade Descriptions Ordinance and Residential Properties (First- hand Sales) Ordinance of Hong Kong, as well as laws and regulations applicable to operations in other regions. During FY2019, there was no case of material non-compliance with regulations concerning product and service advertisement and labelling within the Group.
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