Tricor Group Embarks on Joint Venture with Australian Professional Services Firm Chew Investment Partners

Hong Kong, China, July 27, 2016: Tricor Group ("Tricor"), a member of The Bank of East Asia Group and a global provider of integrated business, corporate and investor services, is pleased to announce its expansion into Australia, with the setting up of Tricor Chew Pty Limited("Tricor Chew" or the "firm"), effective from May 2016.

Tricor Chew is a joint venture between Tricor and Chew Investment Partners Pty Limited in Australia. Tricor Chew is a professional business advisor, providing a comprehensive range of corporate services which include business set-up, accounting, payroll, tax, company secretarial, among others. Managed and staffed by experienced and well-trained professionals, the firm is committed to delivering high quality services to its clients in a timely and proactive manner.

Mr. Kim Chew, Tricor Chew's Managing Director said, "We are delighted and excited to have the Tricor Group as our strategic partner for such an important professional services market in Asia-Pacific. Our key objectives are to leverage the significant expertise and network of the joint venture to provide a tailored and distinctive level of service for our clients, and to differentiate the firm through enhanced value for services."

Mr. Johnny Ng, Tricor Group's Chief Executive and Group Managing Director said, "The joint venture further expands our global service network, strengthens our core competencies and marks our entry into Australia which is one of our key strategic markets. We have been seeking a suitable partner for Australia for a period of time and believe that significant synergies can be achieved through this joint venture."