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Ross McDowall

Go Geo And RDA South West Investment Framework Partnership

The private and public sectors are coming together to boost investment in South West Western Australia

Regional Development Australia – South West Chairman Duncan Anderson announced that Go Geo Ltd and RDA SW will work together to produce a South West Regional Investment Framework.

Go Geo, alongside BlueMount Capital, are establishing the South West Managed Investment Fund. BlueMount is a member of the International Association of Investment Bankers, and the new fund will be a cornerstone investor in qualified companies and projects that have a positive impact on the region’s economy.

Mr Anderson said: “We have been grappling with how to bring the South West Blueprint to life. The federal government and the state government have already done the heavy lifting, we now need to embrace and support private funds”

In partnership with Go Geo, RDA South West are developing a regional investment framework. That framework is designed to bridge the gap between government planning priorities and the world of private equity.

The framework is determined in alignment with the Blueprint. Priority opportunities will be determined by an advisory group of initiators providing expertise in industry and sub sectors as required.

General Manager of Go Geo, Emma Nesbitt said: “The need for this framework came out of a growing interest, for businesses and industry to invest in both new and existing projects. This provides the vehicle.”

Mr Anderson said: “It’s a marvellous opportunity for our region. There are not many regions nationally that successfully bridge the gap between private and public planning.”

By using a framework that operates at the public and private level, the region can take best advantage of its opportunities and nurture some excitement.

Ms Nesbitt said: “In order to entertain the idea of external equity entering our region, and to facilitate such discussions, we need to ensure due diligence and sound governance. Through this process and the framework, we enable the region to retain control over planning measures whilst using progressive and modern influences to entice excitement, development and funding, which in turn broadens external markets and creates new jobs.”

The next step is the establishment of an independent body to oversee the investment fund, which will come to fruition over the coming few weeks.

Media contact: Emma Nesbitt. e: emma@gogeo.com.au m: 0406 056 926.

Media contact: Charles Jenkinson e: eo@rdasouthwest.com.au m: 0434 641 111

Bangladesh Infrastructure Finance Fund Limited and BlueMount Capital execute Memorandum of Understanding (MOU)

  • Bangladesh Infrastructure Finance Fund Limited and BlueMount Capital execute Memorandum of Understanding (MOU) to cooperate
  • The MOU sets out the basis for collaboration to secure international finance and investments for selected infrastructure and green technology projects
  • The Parties will target several major projects for international financing

Bangladesh Infrastructure Finance Fund Limited (BIFFL), one of the major government-owned non-bank financial institutions focused largely on infrastructure projects and BlueMount Capital, an Australian-headquartered corporate finance house signed an MOU to collaborate on international financing of infrastructure and green projects in Bangladesh.

Bangladesh’s GDP has grown at a rate of 7% per annum for the past 10 years and the country has enormous infrastructure financing requirement to meet its goal of becoming a middle-income country by 2021 and achieving Sustainable Development Goals (SDG) by 2030.

BIFFL has already financed 40 projects in Bangladesh and have a robust project pipeline at different stages of development.

Traditionally, Bangladesh has utilised soft-loan funds from the Asian Development Bank, World Bank and similar international finance institutions.

Under the MOU, BlueMount Capital will work with BIFFL on corporate and commercial investment and financing channels.

The Parties will cooperate to secure support from the Bangladesh Government for guarantees and appropriate incentives, in applicable cases, to attract international investment.

“We are pleased with this initiative to broaden our inbound investment channels with an international corporate finance house such as BlueMount Capital,” said the Executive Director and CEO of BIFFL Mr S.M. Formanul Islam.

“Bangladesh has several attractive infrastructure and energy projects ranging in scale and stages of development,

“We have more than US$ 2 billion of investment and financing opportunities for infrastructure and energy projects” said Mr Islam.

BlueMount Capital Chairman Dr Saliba Sassine said the group is looking forward to working closely with BIFFL and to promoting investment opportunities to international investment houses focused on emerging markets or energy and infrastructure opportunities.

“Bangladesh location makes it a strategic bridge between South Asia and South East Asia,” said Dr Sassine.

“Combined this with strong growth over the past decade, a liberal and multi-party system of government and a good mix of skills and education among its workforce, Bangladesh is well poised to become a strong Tiger Economy.”

BIFFL and BlueMount aim to action their efforts in early 2019 with a selection of opportunities.

Contact Details

Bangladesh Infrastructure Finance Fund Limited

Mr S.M. Formanul Islam Executive Director & CEO
Cell: +88 – 01841655300
Dir: +8802- 9352688
Email: ceo@biffl.org.bd

BlueMount Capital (WA) Pty Ltd

Dr Saliba Sassine
Group Chairman
Cell: +61 (0)412 533 966
Email: saliba.sassine@bluemountcapital.com

About BIFFL

Bangladesh Infrastructure Finance Fund Limited is one of the major government-owned non-bank financial institutions focused largely on infrastructure projects and has finance 40 major infrastructure and energy projects in Bangladesh

About BlueMount Capital

BlueMount Capital is an Australia national investment bank and corporate finance group assisting and advising corporate clients on listing on the ASX, M&A, private placements, cross border transactions and the raising of capital from the equity and debt markets.

BlueMount Capital Appointed as Corporate Advisor by Qponics Limited

BlueMount Capital is pleased to advise that we have been appointed Corporate Advisor by Qponics Limited.

Qponics Limited is a Brisbane based company focused on the sustainable production of EPA Omega-3 oils and other high-value products from Australian strains of algae.

The Company is planning to upgrade the existing pilot algae farm, to purchase a property for its commercial algae farm and submitting the DA and preparing to list on a suitable Australian stock exchange via an IPO in 2019.

The upgraded pilot algae farm in Brisbane and Qponics’ largescale algae farm to be built on the proposed 167.5 ha site at South Ballina will sustainably produce algae, from which omega-3 oil and high-protein biomass as a by-product will be extracted, integrating state-of-the-art technologies to maximise automation and minimise operational costs.

Our assignment will comprise being the corporate advisor, and raising funds now for a pre-IPO raising of $7M immediately followed by an IPO in 2019. For more information please click here or contact us.

Dr Mark Rainbird
Managing Director
BlueMount Capital

BlueMount Capital Appointed as Corporate Advisor and Joint Lead Manager for Integrative Health Care Limited (IHC) ASX IPO

BlueMount Capital is pleased to advise that we have been appointed Corporate Advisor and Joint Lead Manager (with Patersons Securities) for the upcoming IPO of Integrative Health Care Limited (IHC).

IHC is a group of companies providing integrated healthcare services to individuals and organisations delivered through wholly-owned clinics, client workplaces and in the community by providing high quality, integrated healthcare including General Practice, integrative and specialist medicine, allied health and complementary medicine.
 
The group has been operating since 2007, initially as a corporate health provider. Opened its first health and medical clinic in Sydney CBD in 2010 and currently owns 16 clinics and 4 sleep laboratories with a committed acquisition pipeline of a further 14 healthcare businesses, plus another at least 4 acquisitions in progress, including a small private hospital in Sydney. The group will own and operate a clinical network of 50 by end of 2020.
 
Our assignment will comprise being the corporate advisor, and raising funds now for a pre-IPO raising of around $4M and then an IPO in conjunction with Patersons in Quarter 4 of this year. 

BlueMount Capital Sydney Launches Debt Funding For Property Developers

BlueMount Capital Sydney has partnered with a leading private non-bank lender with a capital pool of $1.3B for commercial property developers that specialises in loans from $1M to $200M.

In 2017 the lender settled $1.8B in loans and looks set to exceed $2B in the financial year to June 2018. Developments can be both residential or commercial in any state with a preference for capital cities or larger regional centres.

Loans are available for property developers for the following types of projects;

  • Bridging finance
  • Construction finance
  • Commercial Property purchases and refinance
  • Residential Property where the funds are used for commercial purposes
  • Land Banking for developers
  • Development Sites

Rates start from 6.5% plus line & establishment fees. 

Initial Documentation Required 

  • Overview of the project with key metrics summarised
  • Valuation if available. An old report will suffice. If a valuation is not available, please provide the address and estimated value.
  • Copy of the contract of sale (if acquisition).
  • Details (lender and outstanding balance) of any mortgages currently on the property.
  • Feasibility study for the project – for a construction loan only
  • Level of presales achieved to date. – for a construction loan only

For more information or to make an application contact Ross McDowall in the Sydney office.

BlueMount Capital Secures Major Debt Funding

“In conjunction with BlueMount Capital’s Melbourne office, I am delighted to announce we have secured more than AUD 39 million in debt funding for a leading Melbourne based manufacturing group.

The funds will be used to finalise the purchase of a new factory as well as providing flexible growth oriented banking facilities. The funding includes a range of facilities such as business loans; equipment, trade and invoice finance as well as an overdraft and credit card facilities.

BlueMount Capital worked closely with the new funder and the client to secure the facilities which include more flexible covenants and guarantee arrangements while providing competitive interest rates on all products offered.”

Dr Mark Rainbird
Managing Director
BlueMount Capital

Haixi Pharmaceutical International Holdings Limited IPO

BlueMount Capital is pleased to announce that the Initial Public Offer for Haixi Pharmaceutical International Holdings Limited has opened for investors.

Haixi Pharmaceuticals Prospectus

Key IPO Details

  • Substantial increasing profits and assets with high margins
  • First Chinese pharmaceutical company  to be listed on the ASX
  • Long-standing brand recognition with 20 years history
  • High dividend payout ratio planned at 50% of NPAT, payable twice a year
  • Value investment at a P/E lower than sector average on ASX and HKEX
  • Plans to expand into the Australian market and intends to acquire or invest in Australian companies in the pharmaceutical sector
  • ​China is the worlds second largest market for pharmaceuticals

The Prospectus for the offer and a Company Presentation can be obtained via:

www.bluemountcapital.com/HXP

Open Date:  21 July 2017

Close Date: 27 October 2017

Minimum Investment A$ 2,000

Merger Brings Global Financial Network to Melbourne

Fast growing capital markets group BlueMount Capital has welcomed Melbourne-based corporate advisory and investment banking firm Kennedy Needham to the BlueMount Capital Group, establishing a presence in Melbourne to complement its Sydney, Brisbane, Perth and Shanghai offices. As part of the merger, Kennedy Needham will rebrand as BlueMount Capital.

The Chairman of BlueMount Capital Dr Saliba Sassine said: “On behalf of the whole BlueMount Group, I take this opportunity to welcome Kennedy Needham into our Group and we look forward to driving our business nationally and internationally with the Melbourne office.”

bluemount-melbourne-office-kennedy-needham-directors

Brent Needham, the executive Chairman of Kennedy Needham said “BlueMount Capital’s new combined offering will provide our clients with a stronger national presence and a global reach which Kennedy Needham could not go past.”

Co-Founder of BlueMount Capital, Mr Barry Palte, said the firm was attracted to Kennedy Needham because of its respected team of professionals, established relationships, 30 year successful transaction history and Melbourne base. Furthermore, the expanded network creates a major new player which is unique within Australia.

BlueMount Capital is the exclusive Australian member firm of the International Association of Investment Bankers (IAIB www.iaib.org), an international affiliation of investment banks.

Barry Palte, who is also global co-Chairman of IAIB, said: “The combined Group will be able to draw on a truly national and international network to deliver globally relevant solutions to its clients. With 10 IAIB member firms in North America, Europe, Asia and Australia, and current new member discussions in China, Japan, Korea and Brazil, our exclusive IAIB membership enables BlueMount Capital as a mid-sized national firm to provide agility and capability while offering genuine global reach and service to our clients.

“Melbourne plays an increasingly important role in a number of cross-border transactions we are working on and we needed the right partner to strengthen our leading market position. With this merger, BlueMount Capital will be able to offer Victorian businesses and investors more services, a stronger national presence, a truly global network and the rich experience of more than 40 experienced professionals operating in both Australia and China.”

BlueMount Capital was established in 2010 with Australian offices in Brisbane, Perth and Sydney. The Group has recently advised on transactions worth more than $1 billion. This includes China Dairy Corporation’s $300 million market capitalisation IPO; the sale of PinkBerry, one of the leading frozen yoghurt store chains in the world, together with a US based IAIB member; and the $69 million market capitalisation IPO of Boyuan, the first Chinese property developer to list on the Australian Stock Exchange. BlueMount Capital also advised one of China’s largest groups on its bids for State Super Financial Services and Greenstone Group, both of which had enterprise values in excess of $1billion.

Kennedy Needham is currently undertaking an equity raising of up to $200 million for Dairy Farm Investments. The firm recently acted as lead arranger in the corporate sale of Australian Wholefoods to Patties Foods/Pacific Equity Partners as well as the $35 million corporate sale of Popina Foods to ASX listed Freedom Foods Group.

For more details contact:

Kimberley Ramplin, Statecraft kimberley.ramplin@statecraft.com.au

BlueMount Attends Premier Li’s Visit to Sydney

Len McDowall representing BlueMount Capital was privileged to attend the welcome ceremony at the Westin Hotel to welcome Premier Li to Sydney.

Premier Li was welcomed by Australian Prime Minister Turnbull and many senior government ministers.

Australia and China found unprecedented common ground during Chinese Premier Li Keqiang’s visit to Australia this week.
Premier Li and Prime Minister Malcolm Turnbull are statesmen united in opposition to a common foe: trade protectionism. Addressing an economic forum in Sydney, neither mentioned the United States or President Donald Trump by name but the subtext was as clear as the symbolism.

With President Trump pledging to protect US business against foreign competition, Australia is being positioned as a partner in China’s opportunistic campaign to be seen as the new defender of globalisation and free trade champion of the world.

The Prime Minister told a ballroom packed with businesspeople and politicians at the Westin Hotel that “the cooperation between China and Australia showcases to the region and the world our determination to defend trade liberalisation and advocate the benefits of free trade.”

china-premier-li-meets-malcolm-turnbull

Premier Li Keqiang greets Prime Minister Malcolm Turnbull at the Australia China Economic and Trade Cooperation Forum in Sydney. Photo: Brendon Thorne

Premier Li, following Mr Turnbull at the podium, matched his rhetoric, then raised it. He said the China-Australia Free Trade Agreement (ChAFTA) would “show to our region and the world that free trade will deliver benefits to all human beings”.

“If China and Australia join hands they will not only bring benefits to the people, but also to the region, to show the world that … with the example of our co-operation, by working together we will move forward and promote greater progress of mankind.”

Mr Turnbull said he had spoken with Premier Li about working together to conclude the Regional Comprehensive Economic Partnership, the rival China-led 16-member initiative excluding the US which has usurped the TPP as the front runner for new free trade deals in the region.

Symbolism: Prime Minister Malcolm Turnbull and Premier Li are united in opposition to trade protectionism. Photo: Brendon Thorne

Symbolism: Prime Minister Malcolm Turnbull and Premier Li are united in opposition to trade protectionism. Photo: Brendon Thorne

According to Hugh White, professor of strategic studies at the ANU, this is how America’s long era of leadership in Asia comes to an end.
“As a result of Mr Trump’s approach, Australia will drift away from America and move closer to China,” he wrote in The New York Times. “That does not mean we Australians will become Beijing’s ally, but it does mean we will begin tacitly to acquiesce to China’s claims to regional leadership.”

“It is an opportunity for China to rhetorically and symbolically look like it is building closer relations with Australia and the US for the time being is on the outer,” said Merriden Varrall, director of the East Asia program at the Lowy Institute.

China is Australia’s largest trading partner with two way trade in 2015/16 valued at $150 billion. The headline deal of Premier Li’s visit allows unfettered access for Australian beef to the Chinese market which is expected expand exports of chilled beef especially from the current $1 billion worth