About Far East Consortium International
Far East Consortium International is a company based in Hong Kong (China) founded in 1972.. The company has 4,500 employees as of March 31, 2024. Far East Consortium International has completed 2 acquisitions, including Sheraton Grand Mirage and Trans World Corporation. Far East Consortium International offers products and services including Property Development and Hotel Operations.
- Headquarter Hong Kong, China
- Employees 4500 as on 31 Mar, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Far East Consortium International Limited
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Annual Revenue
$1.24 B (USD)-7.21as on Mar 31, 2024
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Net Profit
$-164.81 M (USD)-663.96as on Mar 31, 2024
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EBITDA
$199.58 M (USD)-17.05as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
4500
as on Mar 31, 2024
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Investments & Acquisitions
Sheraton Grand Mirage
& 1 more
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IPO & Listings of Far East Consortium International
Far East Consortium International is a publicly listed company on the HKEX with ticker symbol 35 in Hong Kong, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Far East Consortium International
Far East Consortium International offers a comprehensive portfolio of products and services, including Property Development and Hotel Operations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Property development is handled through residential projects with an attributable GDV of HK$61.0 billion, focusing on global markets
Hotel operations are managed with approximately 9,423 rooms across various countries, including management and expansion activities
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Funding Insights of Far East Consortium International
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Far East Consortium International
Far East Consortium International has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sheraton Grand Mirage and Trans World Corporation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Hotels are operated in Gold Coast, Australia, within hospitality sector.
|
2015 | ||||
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High-performance sealants and sealcoating solutions are supplied for civil construction.
|
1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Far East Consortium International
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Far East Consortium International Comparisons
Competitors of Far East Consortium International
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Far East Consortium International
Frequently Asked Questions about Far East Consortium International
When was Far East Consortium International founded?
Far East Consortium International was founded in 1972.
Where is Far East Consortium International located?
Far East Consortium International is headquartered in Hong Kong, China.
Who is the current CEO of Far East Consortium International?
David Chiu is the current CEO of Far East Consortium International.
How many employees does Far East Consortium International have?
As of Mar 31, 2024, the latest employee count at Far East Consortium International is 4,500.
What is the annual revenue of Far East Consortium International?
Annual revenue of Far East Consortium International is $1.24B as on Mar 31, 2024.
What does Far East Consortium International do?
Far East Consortium International was founded in 1972 in Hong Kong, China. Operations span the real estate and hospitality sectors, with activities conducted through a multi-group structure. Services include property development, investment, and hotel management. The company is headquartered in Hong Kong and extends its presence internationally. Leadership is provided by CEO David Chiu, overseeing strategic directions in these core areas.
What products or services does Far East Consortium International offer?
Far East Consortium International offers Property Development and Hotel Operations.
Is Far East Consortium International publicly traded?
Yes, Far East Consortium International is publicly traded on HKEX under the ticker symbol 35.
How many acquisitions has Far East Consortium International made?
Far East Consortium International has made 2 acquisitions, including Sheraton Grand Mirage, and Trans World Corporation.
What is Far East Consortium International's ticker symbol?
The ticker symbol of Far East Consortium International is 35 on HKEX.