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Newsworthy

11/01/10 2:00 PM

#133 RE: FACTCHECK #132

INVESTING IN IRELAND

WITH

1ST GLOBAL FINANCIAL CORPORATION.

The Economist Intelligence Unit has named Ireland as one of the most attractive business locations in the world.

Ireland attracts some of the highest levels of inward investment of any country in the world and companies that have invested here have achieved some of the best returns available.

IRELAND- THE CHOICE OF WINNERS.

US firms have invested over US $165 billion in Ireland and it has constantly provided some of the most attractive long term returns for those looking for a European investment location.

There are over 600 US firms operating in Ireland. US firms employ almost 100,000 people directly in Ireland.

Prime Minister Brian Cowen noted, “The U.S. is Ireland’s largest trading partner, not just in terms of products shipped from Ireland to the U.S., but also for the number of Irish companies doing business in the U.S. Today, more than 82,000 American citizens are employed by 220 Irish companies operating in the U.S. in a variety of sectors, including technology, life sciences, international services and the manufacture of industrial and consumer products. Within these companies new models of international cooperation are occurring in the areas of trade and technology exchanges and there’s a constant sharing of new ideas. Such partnerships offer win-win benefits to Ireland and the U.S. in terms of increased productivity and employment. We’re delighted to see such momentum in spite of the global economic challenges we both face.”

Ireland is globally recognised as an important location for banking, corporate treasury, insurance operations, asset financing / leasing, investment management, custody and administration, securitisation and has recently introduced legislation to facilitate Islamic financing.

Ireland is the inward investment location of choice for many of the worlds leading providers of Financial Services.

Ireland is the preferred location for the domiciliation and administration of funds. The total value of assets held by Irish funds amounted to c. US $1.4 trillion as of December 2009 in over 10,300 funds and almost 30% of the worlds alternative investment funds are serviced in Ireland.

“Promoting Ireland”, held on the 20th of April 2010 in City Hall, Dublin, heard calls for the business community to strengthen its efforts in highlighting the benefits’ of investing in Ireland.

Minister for Enterprise, Trade and Innovation, Batt O’Keeffe T.D said, “Business efforts to highlight Ireland as an attractive location for investment are very welcome in the context of the Government's broader drive to draw more investors to our shores and build international confidence in our economy.”

He added. “Ireland is again on the path to economic renewal and we can again have confidence in the future. Our young, educated and flexible workforce, English-speaking population, attractive low-tax business environment and strong entrepreneurship have helped to bring more than 1,000 international companies to Ireland where they now employ over 140,000 people. Over the coming weeks, I will be focusing on creating jobs by driving the international trade strategy in partnership with IDA Ireland and Enterprise Ireland while, at the same time, stimulating our small-and-medium-sized enterprises in the domestic economy by getting credit flowing again and making the regulatory regime work for the employer,” said Minister O’Keeffe.

Speaking at the briefing, KPMG’s Managing Partner Terence O’Rourke said, “There remains a compelling case for investing in Ireland and this is well accepted internationally.

So what is it that 1st Global Financial Corporation is about?

Over a period of the past twelve months a considerable amount of time has been used to contact owners of commercial properties in the Republic of Ireland, the United Kingdom, Europe and the USA to negotiate and secure options to purchase those properties.

The options have been placed into 1st Global Financial Corporation for conversion as per the terms of the Options contracts that have been agreed and signed.

Many of the properties have undergone radical revaluation because of the global down-turn, many have been subject to transfer into the National Asset Management Agency in Ireland.

What 1st Global Financial is bringing to the investment community is an opportunity to participate in an expression of confidence in the recovering Irish economy.

It should be kept in mind that properties are not just assets, they are often places of employment and vital to the communities in which they have been built.

The market now has the capacity to invest in assets that are free from debt and are being acquired at current audited valuation and bring solid earnings with them into 1st Global Financial Corporation.

We are now seeing a restating of confidence that the economic circumstances in Ireland are changing for the better and a realisation that every dollar invested is a dollar that helps to keep someone in employment, or is creating another job that makes a vital contribution to the community.

This is the reality of ethical investment.

The confidence that is expressed in a practical and fact based investment in the property assets as described, brings with it further recovery.

This investment is not a quick in and faster out, it is predicated upon growth and recovery and is grounded upon provable and historic fact and that is people prevail over the worst possible circumstances, they always have and always will do. This is an opportunity to participate in that recovery.

In the month of October 2010, 1st Global Financial Corporation has seen the value of its shares increase over 450%.

1st Global Financial Corporation will be looking to see the value of its shares more properly reflect the new assets and earnings forecast for the benefit of its shareholders shortly.

The Corporation now holds over US $800 million in property options and is in negotiations with institutional investors for significant inward investment for the implementation of its programme of property acquisition and makes investing in Ireland with 1st Global Financial Corporation the choice of winners.


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11/01/10 2:24 PM

#135 RE: FACTCHECK #132

So how does this affect us? Does this outcome make it difficult for FGBF to attain its goals?