BOCOM International Announces Discloseable Transaction: Acquisition of Macquarie Notes

Key Investment in Macquarie Group Notes Totalling US\$11.6 Million Principal

Highlights of the Announcement

• BOCOM International Holdings Company Limited (Stock Code: 3329) has made a significant investment through its wholly-owned subsidiary, Preferred Investment Management Limited.
• On 29 April 2026, Preferred Investment acquired a principal amount of US\$7,608,000 in Macquarie Group fixed rate senior unsecured notes (MQGAU Notes II) on the over-the-counter market at a price of approximately US\$91.049 per US\$100 face value, resulting in a total consideration of around US\$6,927,032.65 (equivalent to HK\$54,377,206.30).
• This follows a previous acquisition on 27 March 2026, where Preferred Investment bought US\$4,000,000 in principal value of Macquarie Bank notes (MQGAU Notes I) for approximately US\$3,998,160 (about HK\$31,385,556).
• Both transactions were funded entirely from internal resources of the Group.
• The MQGAU Notes II were issued by Macquarie Group and are listed on the Frankfurt Stock Exchange, while MQGAU Notes I were issued by Macquarie Bank.
• Rule 14.22 compliance: The acquisitions are aggregated as a series of transactions under the Hong Kong Listing Rules. The highest applicable percentage ratio on an aggregated basis exceeds 5% but is less than 25%, classifying these as discloseable transactions, subject to notification and announcement requirements.

Details of the Securities Acquired

• MQGAU Notes II:
  • Issuer: Macquarie Group Limited
  • Principal Acquired: US\$7,608,000
  • Coupon: 2.691% fixed rate
  • Maturity: 23 June 2032
  • Listing: Frankfurt Stock Exchange
• MQGAU Notes I:
  • Issuer: Macquarie Bank Limited
  • Principal Acquired: US\$4,000,000
  • Coupon: 4.529% fixed rate
  • Maturity: 29 March 2029
  • Listing: Not specified

Counterparties and Independence

• MQGAU Notes II were acquired from Nomura International Plc, a wholly-owned subsidiary of Nomura Holdings, Inc., which is listed in Tokyo and New York. Both entities are independent third parties.
• MQGAU Notes I were acquired from Jefferies International Limited and Australia and New Zealand Banking Group Limited (ANZ). Both are listed, global financial institutions and independent from BOCOM International.

Strategic Rationale and Shareholder Impact

• The acquisitions provide the Group with a long-term investment opportunity to generate a stable investment return and efficiently utilize capital resources.
• The transactions are considered by the Board to be on normal commercial terms, fair and reasonable, and in the ordinary course of business.
• Shareholder Information: The aggregated acquisitions exceeding the 5% threshold (but less than 25%) may be price sensitive, as they reflect a material redeployment of capital and a commitment to long-term fixed income investments with reputable international issuers.
• The announcement of these transactions may signal the Company’s confidence in its capital position and its strategy to seek stable returns, which may influence investor sentiment and potentially the share price.
• No connected person or related party transaction is involved, reducing conflict of interest concerns.

About BOCOM International and Preferred Investment

• BOCOM International Holdings Company Limited is an investment holding company listed on the Hong Kong Stock Exchange.
• The Group offers a broad range of financial services including securities brokerage, margin financing, corporate finance, underwriting, investments and loans, and asset management.
• Preferred Investment Management Limited is a wholly-owned subsidiary, incorporated in the British Virgin Islands, specializing in investment management.

Definitions and Exchange Rates

• For illustration, the exchange rate used throughout is US\$1.00 = HK\$7.85.
• The disclosed amounts are for announcement purposes and may differ from actual conversion rates.

Potential Impact on Shareholders and Share Price

These transactions represent a significant reallocation of internal resources into investment grade fixed income securities. Given the scale of the transaction (totaling over HK\$85 million), the market may interpret this as a strategic move to secure predictable returns amid market volatility. This could be a price-sensitive development, particularly for investors monitoring the company’s capital allocation and risk management strategies.

Disclaimer

This article is for information only and does not constitute investment advice or a recommendation. Investors should make their own assessment and seek professional advice if necessary. The information is based on the company’s public disclosure as of 30 April 2026. Future outcomes may differ.

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