Pacific Aegis Capital Management Co-Sponsors Cars and Hoops Charity Festival 2023, Vancouver’s Large-scale Charity Fundraising Event, Kickstarting Social Impact Efforts in Vancouver

PACM Group (Holdings) Limited (“PACM” or “Pacific Aegis Capital Management Group”) is pleased to announce its co-sponsorship of Cars and Hoops Charity Festival 2023, the largest supercar show and charity basketball event in Vancouver, British Columbia, Canada. With the Vancouver representative office recently setup, PACM is actively engages in efforts for the benefit of the local community while building out capital raising and capital deployment capabilities. Funds raised in the charity fundraising event will be donated to Canuck Place Children’s Hospice (“Canuck Place”), a non-profit organization in Canada dedicated to pediatric palliative care in the British Columbia Province. The co-sponsorship shows PACM’s commitment to celebrate and contribute to a nonprofit organization that is making a profound difference in the lives of the children in need.

Partnered with professional basketball players and influential figures, Cars and Hoops Charity Festival 2023 was the biggest supercar show in Vancouver, as well as a major basketball event with food trucks and booths. The festive event gathered influential celebrities and raised up to CA$160,000, of which PACM donated CA$10,000 for Canuck Place. Funds raised will support Canuck Place to provide various services, such as family support, respite care, management of pain and symptoms, end-of-life care, and grief and bereavement counselling. PACM joined hands with Canadian and international companies to co-sponsor the fundraiser, including ASPAC Developments Ltd. And FirstService Residential.

Mr. Francis Ng, Managing Director and Chief Investment Officer of PACM Group, said “Pacific Aegis Capital Management Group is honoured to be part of an event so meaningful and support of a cause that is close to all our hearts. Today, the PACM team from Hong Kong, together with guests from all over Vancouver and other areas in British Columbia gather here for a noble purpose – become a beacon of light for those who have lost hope, and it is our duty to ensure that their light continues to shine brightly. PACM is committed to integrating social responsibilities with our long-term business objectives. PACM’s second fund, currently in the fundraising stage, is expected to reach US$300 million. As part of our commitment, PACM will donate 5% of the management fee to charities in regions covered by the fund’s project, including Hong Kong, Singapore, Australia, the United Kingdom, and Canada. By supporting local charities, PACM aims to foster stronger connections with the community. This is why we have chosen Vancouver as our first stop and partnered with the Cars and Hoops Charity Festival 2023 to raise funds for Canuck Place Children’s Hospice. As a global real estate debt fund operating in six different jurisdictions, investing responsibly within a robust ESG framework is a core part of PACM’s ethos. PACM will continue to actively seek charitable opportunities in the regions we invest, and we hope to establish connections with like-minded organizations and contribute to society.”

Francis Ng spoke as a co-sponsor during the event

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