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BlueMount Capital Group Update on COVID-19

The BlueMount Capital Group advises, in conjunction with the unfolding national and international responses to contain the spread of the virus SARS-CoV-2 and COVID-19 disease, many of our Directors and staff have responsibly chosen to work remotely.

While the current circumstances are unprecedented and likely to remain so for the foreseeable future, the BlueMount Capital Group will continue to provide you with our high level of services in accordance with your requirements. Our remote working procedures will ensure our quality, responsiveness and confidentiality are key priorities. We will also implement procedures to replace face-to-face meetings with teleconferencing and videoconferencing, and in particular, will comply with Federal and State government-imposed requirements.

These steps have been taken to adjust our business in the interests of the health and safety of our people, clients, guests and the general community and to play our part in the efforts to limit the spread of the virus/disease. We know many businesses will also be adjusting their work practices.

We are thankful and appreciative we can continue to operate our business of providing expert investment banking and corporate advisory services, albeit, with some operational adjustments.

Please continue to communicate with us by phone or email or other means in the usual way and let us know if you want to clarify any aspects of our business continuity arrangements.

We are conscious the current circumstances are presenting challenges for all our clients’ businesses.

We remain available to assist you to navigate any issues that arise.

The responses of the Australian and international governments to the spread of SARS-CoV-2 virus and COVID-19 disease are ongoing and changing. We will carefully monitor the situation and update you appropriately.

Social Islami Bank Limited engages Australia-based BlueMount Capital for issuing an international sukuk

Social Islami Bank Limited and Australia based Investment Bank BlueMount Capital signed a Mandate Agreement on 15th March 2020 at the Head Office of SIBL. Under the scope of the Agreement, BlueMount Capital will act as the International Lead Manager in placing an international sukuk for USD 75 million for SIBL within the regulatory framework of Bangladesh. Mr. Quazi Osman Ali, Managing Director & CEO, and other high officials from SlBL were present at the signing ceremony. Local representatives of BlueMount Capital exchanged the Agreement on behalf of their organization.

BlueMount Capital is the International Lead Manager for the issuance of a US$75 million Sukuk by Social Islami Bank Limited (“SIBL” or the “Bank”) in international markets.

The funds raised under the Sukuk will be used by SIBL to comply with the capital adequacy requirements of Basel III and for working capital purposes.

About Social Islami Bank Limited

SIBL is a commercial bank in Bangladesh listed on the Dhaka Stock Exchange. The Bank was founded in 1995 and operates on Shariah Principles. SIBL has more than 3,300 employees and operates 161 branches and 27 sub-branches that are complemented by 115 Agent Banking outlets. The Bank’s mission is to become the Country’s most humanitarian, full-service bank that builds solid, long term business relationships with its customers and helps them with their banking needs. The Bank’s social and economic objectives are to create a caring society and to help eradicate poverty and to empower families.

SIBL has experienced good growth in business with deposits increasing from US$527.7 million in 2010 to $2.92 billion in 2018, whilst investments grew from $431.5 million to $2.8 billion over the same time. The business growth is reflected in growth in operating profits and net profit after tax. The Bank has a Moody’s credit rating of Long Term B1 and Short-Term NP, Stable.

BlueMount Capital appointed Lead Manager for the proposed Sun Property Group Australia Limited’s IPO on the Australian Securities Exchange

BlueMount Capital is pleased to advise that we have been appointed Lead Manager for Sun Property Group Australia Limited, to list the Company on the Australian Securities Exchange (ASX) via an IPO aimed at mid-2020.

Founded in 2013, Sun Property is an Australian boutique property development company with a focus on developing high-end, small-scale, customer-driven residential and mixed-use spaces across Sydney’s Lower North Shore. Sun Property’s developments are recognisable for their individualised architectural design, high-end finishes and flexible spaces that are designed to a unique extent around the individual specifications of customers.

Sun Property has successfully completed 4 developments and is currently engaged in 4 projects at Neutral Bay, Balgowlah, Lane Cove and Crows Nest, which are in various stages of development.

Sun Property plans to identify further property development projects around Sydney’s Lower North Shore, one of the most sought after premium locations in Sydney. At the same time, it will carefully consider the merits of pursuing opportunities in other areas with profiles equivalent to Sydney’s Lower North Shore.

For more information please email our Sydney office at sydney@bluemountcapital.com

BlueMount Capital Secures Funding for Velocity Property Group (ASX: VP7)

Velocity Property Group’s (Velocity) corporate advisor BlueMount Capital (QLD) Pty Ltd (BlueMount) has assisted with the origination and investment structuring of the recent transaction by 360 Capital entities.

The transaction comprises multiple components, strategies and capital funding sources to reposition Velocity to become a high growth developer of predominantly owner occupier product in south-east Queensland. The transaction value exceeds $10m.

BlueMount’s Managing Director, Dr Mark Rainbird, states “I am delighted to announce that we have assisted with the structuring of the transaction to support Velocity and it’s growth via this cornerstone investment”.

BlueMount Capital worked closely to devise an investment banking initiative to re-capitlize for future growth while engaging discussions with global and local strategic institutional partners.

About Velocity Property Group

Velocity Property Group was established by Managing Director Brendon Ansell and listed on the Australian Stock Exchange (ASX: VP7) in 2017. Velocity Property Group creates luxury, multi-unit developments in south-east Queensland that are specifically designed for the owner-occupier, empty-nester market and mixed use / commercial developments that enhance local communities.

About BlueMount Capital

BlueMount Capital is an Australia based investment firm 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. For more information please email brisbane@bluemountcapital.com or phone +61 7 3160 2840.

Dr Mark Rainbird
Managing Director,
BlueMount Capital

Cross Border M&A | Overcoming Cultural Differences

Melbourne (18 December 2019) —Cross Border M&A activity is increasing rapidly with 2020 expected to be a breakout year in Australia/Asia. However, the field remains littered with transactions where significant value was lost and the transactions did not perform because a major hurdle of the Cultural Differences were inadequately addressed.

BlueMount Capital Victoria and BlueMount Capital (Beijing) Co., Ltd have partnered with Global PMI Partners, an international firm widely recognised as one of the world leaders in M&A and who specialise in post-merger integration (PMI).

BlueMount Capital Beijing’s Executive President, Dr Mona Chung, is internationally recognised for her unique and ground-breaking work in dealing with the Cultural Differences between Western and Eastern Cultures, particularly, between China and the West.

BlueMount Capital and Global PMI Partners held a joint webinar on 11th of December, 2019, titled “Overcoming Cultural Differences in Cross Border M&A“. It was a very successful presentation and multiple high levels of positive feedback has been received.

A video recording of the webinar is available for viewing below.

Click here to download the slides.

About BlueMount Capital

BlueMount Capital Group is an ASIC licensed, mid-tier, global investment banking and corporate advisory group headquartered in Australia. BlueMount’s team members are highly skilled professionals with global experience and a proven track record in equity and debt financings, M&A, Divestments, MBOs and MBIs, IPOs and RTOs and Cross Border transactions. BlueMount Capital’s key areas of differentiation are its international market connectivity and the ability to deliver a broad range of investment banking and corporate advisory services effectively and efficiently.

Its on-the-ground representation in China, Singapore, Hong Kong, North America, United Kingdom, Europe, New Zealand and Africa gives clients the reach of major corporate finance houses with the service, feel and costs of a mid-tier group.

For more information please contact:

Dr Mona Chung
Executive President
BlueMount Capital, Beijing
mona.chung@bluemountcapital.com
+61 3 8622 8622, +61 414 271 678 or +86 159 2110 6974

BlueMount Capital Appointed as Corporate Advisor by Medcan Group Pty Ltd

BlueMount Capital is pleased to advise that we have been appointed as an exclusive Corporate Advisor to the Medcan Group Pty Ltd.

Founded in Australia in 2016, Medcan is a medicinal cannabis cultivation, production, research and manufacturing company aiming to apply state of the art technologies to produce medicinal cannabis and associated medicinal cannabis products. The Company holds the full suite of licences issued by the Australian Office of Drug Control (ODC) and holds the relevant State and Biosecurity licences to allow the execution of Medcan’s business plan. The Company is planning to expand its current import and distribution business and the commissioning of its manufacturing facility.

Key Highlights:

  • Medcan plans to become a complete ‘seed to sale’ facility;
  • The Company has existing import and distribution operations;
  • Medcan is amongst a handful of Australia companies holding the entire suite of Australian Office of Drug Control (ODC) licences:
    • Cannabis Research Licence;
    • Medicinal Cannabis Cultivation and Production Licence;
    • Manufacture Licence;
    • Import & Export Licences;
  • Medcan also holds the following State and Biosecurity licences:
    • Queensland Poisons Licence;
    • Queensland Wholesaling Licence;
    • DAWR Permit
  • The planned Medcan facility fit out has both DA & BA (Local Council) approval;
  • Medcan’s Cannabis Research and Development centre has been constructed and inspected by the Australian Office of Drug Control (ODC – awaiting final permit approval);
  • The Company holds signed offtake agreements for over 65% of production for an approx. value of up to $25m with further offtake agreements in the pipeline;
  • Medcan has also signed manufacturing agreements with other cultivators who intend to use Medcan to process and manufacture their end products.

Market:

  • The Australian Medicinal Cannabis market is forecast to grow from $52m in 2018 to $1.2B in 2027.
  • The global legal marijuana market is expected to reach US$66.3B by the end of 2025 and is anticipated to grow at 23.9% over the period.

BlueMount Capital will strategically assist Medcan with corporate and capital raising advice. For more information please click here or contact us.

Dr Mark Rainbird
Managing Director
BlueMount Capital

BlueMount Capital appointed Lead Manager for TrekAce Technologies Ltd’s IPO on the Australian Securities Exchange

BlueMount Capital is pleased to advise that we have been appointed Lead Manager for TrekAce Technologies Ltd of Israel, to list the Company on the Australian Securities Exchange (ASX) via an IPO aimed at late 2019.

TrekAce Technologies’ patented technologies give militaries, athletes, gamers and adventurers wearable devices and applications that facilitate tactile communication. Its six-pointed wriststrap navigator directs the wearer in real time, with vibration and sound notifications. It includes a screen that displays various metrics including temperature, azimuth, direction, elevation, route, and speed. The device connects to the wearer’s smartphone with Bluetooth Low Energy (BLE).

The technology offers navigation and group-management apps, as well as a structured API for third-party developers. The API enables them to implement tactile functionalities in their app UXs, making apps relevant and applicable to fields they presently fail to address (e.g. gaming, biometrics, navigation, sports performance, messaging, and C2). The Company provides militaries a complete & unique tactile solution for navigation and situational awareness.

TrekAce Technologies is currently generating revenues and profits, and it is expected that sales will be significantly grown by the time of the IPO.

For more information please email our Sydney office at sydney@bluemountcapital.com

Australia’s BlueMount Capital expands support of cross-border financings, M&A and leveraged buyouts with addition of industry veterans in Europe and North America

Melbourne (March 29, 2019) — BlueMount Capital today announced its expansion into Europe and North America with the appointments of Darren Shipard as Regional European Director based in London and Amiel Kornel as Senior Advisor, Venture Capital and Private Equity based in San Francisco and Paris.
Founded in 2010, BlueMount Capital (www.bluemountcapital.com) has grown into a global, mid-tier corporate finance and advisory group headquartered in Australia.

The firm, which has won a number of prestigious awards as corporate advisers, opened its Shanghai office in March 2017 and is scheduled to open a Beijing office in June 2019. BlueMount’s founding membership of the International Association of Investment Bankers also gives it a strong global reach through its partner members (www.iaib.org).

“Our presence on the ground in London, Paris and San Francisco will expand our client base and enhance our ability to assist clients with cross-border financings, mergers & acquisitions, and other transactional services,” said Managing Director Michael Shaw.

“Additionally, Darren and Amiel bring decades of successful operational and strategic advisory experience that will maximize value-accreting outcomes for clients.”

Darren Shipard has held senior management positions leading growth projects for large corporations in the automation and FMCG sectors and early-stage ventures in the oil and gas, cleantech and healthcare sectors across Australia, US and Europe. He most recently held the position of Partner for a management consultancy leading a global change management project covering 16 countries in both mature and emerging markets. He brings to BlueMount Capital extensive operational experience guiding the effective implementation of capital management, growth investment, change management and digital transformation projects.

Amiel Kornel, an experienced venture capitalist, board director and entrepreneur, has co- founded, financed and/or advised dozens of early and growth-stage ventures in the US and Europe. Industry sectors have included digital publishing, enterprise search, social media, and online marketplaces among others. He served as San Francisco-based senior managing director at a US venture capital firm for more than a decade. Amiel recently authored Spinning Into Control: Improvising the sustainable startup (Palgrave Macmillan, 2018), a book on new venture creation. A dual US-UK national, he speaks fluent English and French.

“We are delighted to welcome Darren and Amiel to the BlueMount team. They bring additional breadth and depth to our capabilities and services and complement our cross- border transaction capabilities and access to offshore sources of capital, M&A and collaborations,” said Dr. Saliba Sassine, Chairman of BlueMount Capital.

About BlueMount Capital

BlueMount Capital Group is an ASIC licensed, mid-tier, global investment banking and corporate advisory group headquartered in Australia. BlueMount’s team members are highly skilled professionals with global experience and a proven track record in equity and debt financings, M&A, Divestments, MBOs and MBIs, IPOs and RTOs and Cross Border transactions. BlueMount’s key areas of differentiation are its international market connectivity and the ability to perform a broad range of corporate advisory services. Its on- the ground representation in China, North America and Europe give clients the reach of major corporate finance houses with the service, feel and costs of a mid-tier group.

For more details contact: Dr Saliba Sassine
saliba.sassine@bluemountcapital.com
+61 412 533 966 Michael Shaw
michael.shaw@bluemountcapital.com
+61 466 999 115

BlueMount Capital Secures Expansion Funding for Elite Military Fitness

I am delighted to announce that we have secured AUD $3.5 million in expansion debt financing for Elite Military Fitness (EMF), a leading Gold Coast based fitness and performance group.

EMF has built a chain of fitness and performance centres focused on providing the affordability of a small 24-hour gym, the personal service of a health club and the amenities and equipment of an elite training facility. EMF’s fitness centres were created to bring a more professional and personalised service to the community without the added expense. The Company’s aim is to offer a complete fitness model to the general population; a facility that caters for everyone’s needs without overcrowding and limited equipment.

The funds will be used to expand the group’s footprint, incorporating new centres, as well as providing equipment finance. The funding includes a range of business facilities such as loans, equipment finance, credit cards and a bank guarantee.

BlueMount Capital worked closely with the new funder and the client to secure the facilities, managing the approach to the market, providing financial modelling to support the transaction and negotiating with the financier, plus assisting with closing the transaction. The facilities provided, include flexible covenants for future growth while providing competitive interest rates on all the products offered. The funding is expected to assist in meeting the groups rapid expansion plans.

EMF co-founder Scott Freeman states “BlueMount Capital has been paramount in EMF realising our dream to delivering affordable and innovative health and fitness solutions to the greater Australian community. Their assistance has helped us create our new Nerang Performance and Recovery Centre and will be assisting us with our venture in our North Lakes venue later in 2019. The future for EMF is only looking brighter.”

About BlueMount Capital

BlueMount Capital is an Australia based investment firm 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. For more information please email brisbane@bluemountcapital.com or phone +61 7 3160 2840.

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