Successful Conclusion of Gentai Group Open House Event

 

Gentai Group moved into the new office at #200-3600 No.3 Road, Richmond on January 15, 2018. The staff of Gentai were thrilled to have a private office for each division, brand new office equipment, spacious meeting rooms, and a top-notch clubhouse for shareholders. With that, Gentai was all ready to receive our distinguished guests in a much more comfortable environment.

At the new plush clubhouse, Gentai hosted a 5-day open house for old and new shareholders and friends to show our appreciation for their support.

The clubhouse was decorated with flowers and delicate refreshments were offered to our guests. During the 5-day open house, our clubhouse was graced by the presence of 160 shareholders and friends. It was a joyful party where shareholders mingled with their old friends and met new ones. Some shareholders came with interest to open RRSP and TSFA accounts. Our staff from the Investment Division were there to tell them who we are, what we are best at, and how we control risks, and above all, to answer their questions with great patience.

At the request of the shareholders, 4 workshops were held during the 5-day open house where many deals were signed on the spot. Once again, we’d like to thank the shareholders for your trust and support. For those who were unable to come to our open house, you are more than welcome to visit us at any time in the future. We look forward to seeing you again!

On the occasion of the Chinese New Year, we wish you and your family health, prosperity, and happiness in the Year of Dog!

Genesis MIC 5th annual shareholders’ meeting and gala dinner

 

On the night of February 3, 2018, the 5th Annual Shareholders’ Meeting of Genesis MIC was held at the River Rock Show Theatre where some 300 people including shareholders and their family members showed up in their best to enjoy this annual gala dinner and special event meticulously organized by Gentai Capital Corporation.

The prelude of the event was a Chinese drum performance called “Dancing Dragon and Galloping Horse”, which instantly filled the theatre with the spirit of festivity and passion. President of Gentai Group, Ms. Tina Mu made the welcoming remarks. She gave sincere thanks to the partner organizations for their support and cooperation, to the shareholders for their trust and commitment, and to the staff of Gentai for their consistent hard work. It was because of these support, she said, that enabled the company to deliver an annual investment return of 8.24% to investors for 5 consecutive years. She was confident about the future development of the company which is to march towards the goal of becoming one of the top mortgage investment managers in Canada.

After that, Managing Director Mr. Peter Yang reviewed the company’s amazing performance in 2017 and shared the company’s outlook for 2018. While committed to the interest of the shareholders, Peter said, the company would do more charity work in the future in order to give back to the community.

The gala dinner was a delicious three-course meal. In between the gourmet food and wine, there were entertaining performances, including elegant Chinese folk dances, passionate belly dance, cute piano performances by two kids, magic shows, and even a humorous short play produced by the Gentai staff themselves.

Of course, the most exciting part of the night, as always, was the lucky draw where winners got gift baskets, expensive French wine, and return tickets to China. In the end, every family got a special gift prepared by Gentai Financial Group. The event concluded with Gentai’s invitation to the shareholders to continue to think, dream and walk with us in 2018!

 

Important Announcement: 2018 1st Quarter Dividend Distribution By Gentai Capital Corporation

Dear shareholders of Genesis MIC,

        Genesis Mortgage Investment Corporation (Genesis MIC) is pleased to announce in Vancouver on January 12, 2018 that our Board of Directors have decided that the first quarter dividend of 2018 continues to be CAD0.02/unit. The dividend shall be deposited to your account on January 15, 2018, covering the interest from October 1, 2017 to December 31, 2017, a total of 92 days. Please check your bank account for dividend payment. Online access to your personal account information is also available at www.gentaicaptial.com. If there are any questions, don’t hesitate to contact us!

 

Key Financial Data

       In the first quarter of 2018, Gentai Capital Corporation has maintained stable and remarkable growth, and continues to deliver to its shareholders an annual interest rate of 8% and an annual compound interest rate of 8.24%, making it the 21st distribution of stable cash flow for its shareholders since its inception. The total amount of this quarterly distribution is CAD1,455,256.43, the 21st distribution of regular dividend in addition to one distribution of special dividend. Up to December 31, 2017, cumulative dividend distributed has reached CAD14,002,651.80.

 

21 Consecutive Regular Distributions and 1 Special Distribution by Genesis MIC

(Up to December 31, 2017)

 

Quarterly Business Review

 Mortgage Portfolio: CAD81,650,000.00

By Property LocationA diversified geographical coverage to minimize risks.

By Loan Type: Single houses, townhouses, condos, commercial properties, building and construction loans, among which single houses account for more than 45%. Diversified investment reduces risks.

By Loan Interest: Average loan interest of 10.64% for the 1st quarter, an increase of 0.5% over the previous quarter; diversified interest rates, mostly ranging from 8% to 12%

 


 

Valuable Investment·Capital Preservation and Wealth Building

 

   Cashing in on years of lending experience and extensive lending channels, Genesis MIC lends in major urban centres where stability and liquidity of real estate are strong. We focus on loans that cannot be obtained from large financial institutions but comply with our lending guidelines to fill the lending gap caused by the limited number of financial institutions operating in Canada. When reviewing loan applications, we focus on borrower’s credit standing, personal background, and assets as well as location and value of the mortgaged property. Within the scope of our conservative and prudent lending policy, Genesis MIC, on one hand, provides owners and buildings of all types of residential and commercial properties in Canada with fast, flexible, and customized short-term mortgage solutions, including term, bridge, and construction financing, to help borrowers with property purchasing, refinancing, property renovation, project development or construction financing, and on the other hand, provides individual and institutional investors with low-risk, high-return mortgage investment opportunities by issuing short-term 100% high-quality property secured mortgage loans, focusing on high-asset borrowers, rigorous controlling of loan-to-value ratio, pursuing a national-wide lending initiative, and maintaining an investment portfolio diversified by size, geography, and property type.  

Our strategy is to expand our business in an orderly fashion by gradually enlarging our geographical coverage and focusing on low-risk properties. Up to now, we lend not only in British Columbia but also in Alberta and Ontario, making solid steps towards our goal to lend throughout Canada. Genesis MIC’s mandate is to achieve capital preservation and deliver reliable, safe, continuous higher-than-average return to our investors through quarterly distribution of regular cash flow.

       On behalf of the elite team of Gentai Financial Group, we express our sincere thanks to you for your staunch support. Should you need more information, please contact our Investment Division for Ms. Anya Han at 604-767-5880 or Mr. Michael Chen at 604-762-6266 or visit our website: www.gentaicapital.com.

2017 Gentai Team Building Trip to Cancun A Dream Tour to the Legendary “Vessel at the End of the Rainbow”

In celebration of another successful year of operation in 2017, Gentai Financial Group and its staff set off on a most fascinating journey to Cancun, where the Gentai people and their families, a group of 25, were to spend the next 5 fun days.

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  1. Day One

Arriving at Iberostar Hotel, settling down, and enjoying the tranquility of the world famous white-sand beaches after a buffet feast at the luxury 5-star hotel.

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  1. Day Two

In the morning, having an in-depth exchange among the staff at the Conference Room, with games lightening up the atmosphere.

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  1. Day Three

Visiting the Mayan Ruins to discover the amazing Mayan civilization.

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  1. Day Four

Exploring Xcaret Park Mexico, the best eco-archaeological park in Cancun, enjoying snorkeling, swimming with dolphins, exciting nightlife, gourmet food, and much more.

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  1. Day Five

Hanging out at the beach, taking group photos, and getting ready to leave.

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Following last year’s trip to Hawaii, this is another unforgettable teambuilding experience where the Gentai people learned how to enhance and treasure valuable relationships in their lives that make them thrive both at work and in life.

 

 

Long-Term Sustainable Wealth Building Starts With Gentai

 

 

Gentai Capital Corporation

December 15, 2017