Apac Resources Ltd · HKEX:1104
Apac Resources — Investor Presentation (March 2026)
24 slides from Apac Resources's investor presentation, March 2026
Slide 1: APAC Resources Limited Presentation – Mar 2026
APAC RESOURCES LIMITED 亞太資源有限公司 Stock Code: 1104.HK A specialist in natural resource investments PRESENTATION – Mar 2026
Slide 2: Agenda
Agenda 1. Company and Business Overview 2. Strategies and Opportunities 3. Financial Highlights 4. Appendices APAC Resources Limited (1104.HK) 2
Slide 3: Company and Business Overview
COMPANY AND BUSINESS OVERVIEW
Slide 4: Company Snapshot
Company Snapshot Description APAC’s Strengths and Strategy APAC is an established natural resources investment Established track record of long term partnerships in our house, with strategic interests in listed and private natural strategic investments resource companies that align with our prin
Slide 5: Business Philosophy
Business Philosophy Our investment objective To create and maximize returns to shareholders through investing in the global natural resources sector while integrating our ESG and sustainability principles. (To return to our shareholders, we have declared a HK11 cents per share dividend for the fisca
Slide 6: ESG and Sustainability Criteria
ESG and Sustainability Criteria We embrace these principles to contribute to the sustainable development of society and the environment – in turn providing valuable insight into the health of a company APAC board provides oversight to ensure the criteria is integrated into investments and APAC’s own
Slide 7: Our Investment Strategies
Our Investment Strategies Invest in resources companies at key stages along the value curve of the project cycle to capture share price and value appreciation The model life cycle of a mining/energy stock Key entry points APAC Resources Limited (1104.HK) 7
Slide 8: Business Model
Business Model Investment Process Idea Generation Research & Analysis Investment Objective Identify commodity Pin-point potential Investment stage supply/demand imbalance companies (Equity/Pre IPO/Debt) Value Stock ideas generated Detailed research using Resource Investment Active monitoring o
Slide 9: Executive Management Team
Executive Management Team Management Team Mr. Andrew Ferguson Chief Executive Officer & Head of Investment Team & Executive Director Over 29 years experience in global natural resources Co-founded New City Investment Managers, one of UK’s largest natural resources funds Investment Team Commodity
Slide 10: Shareholding Structure
Shareholding Structure Issued shares : 1,428,474,000 shares 18% 47% 20% 15% Allied Group Shougang Fushan Institutions Others Allied Group is a conglomerate based in Hong Kong with a focus on property investment and development, financial services, and elderly care services across Asia Pacific. The c
Slide 11: Strategies & Opportunities
STRATEGIES & OPPORTUNITIES
Slide 12: Business Highlights
Business Highlights Strategic Investments Metals X – ASX listed steady state tin producer in Tasmania Australia, producing 11kt tin in 2025 (~3% of global supply) and developing its Retails project for additional 6kt tin per annum (targeting commissioning in mid-2029) MGX Resources– ASX listed Austr
Slide 13: Strategy
Strategy To create and add long term value to our shareholders…. Leverage in-house resource Opportunistic buybacks to Corporate expertise to continue growth increase NAV/share Strategic Strengthen strategic interests Secure off-take from investments Investment in core resource companies to feed comm
Slide 14: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 15: Financial Highlights
Financial Highlights For the six months For the year Statement of Profit or Loss ended ended (HK$m) 31/12/2025 31/12/2024 30/06/2025 30/06/2024 Revenue 466 143 353 1,189 Gross Profit 44 6 14 93 Share of results of associates 59 (5) 41 39 Gain from FV change of listed equity securities held-for-tradi
Slide 16: Appendices
APPENDICES
Slide 17: Strategic Investment – Metals X
Strategic Investment – Metals X About Metals X (ASX:MLX) Independent tin producer in the North Territories, Australia. Produced 11kt tin in 2024 (~3% of global supply) and potentially get to 17ktpa with Rentails Expansion Project, being one of the largest tin producers globally. Operates Renison
Slide 18: Strategic Investment – MGX Resources
Strategic Investment – MGX Resources About MGX Resources (ASX:MGX) Previously Mount Gibson Iron Limited, is undergoing a business transition from an iron ore producer to a gold developer, with the scheduled end of Koolan Island operation in 2026 and acquisition of 50% interest in Central Tanami Go
Slide 19: Strategic Investment – Dragon Mining
Strategic Investment – Dragon Mining About Dragon Mining (SEHK: 1104) Dragon Mining is focused on gold exploration, mining, and processing in the Nordic region. It operates gold mines and processing facilities in Finland and Sweden. The Vammala Production Centre in Southern Finland, with a 300,000
Slide 20: Senior Management Team
Senior Management Team Mr. Andrew Ferguson Mr. John Ellis Mr. Louis Joe (Zhou, Luyong) Chief Executive Officer Senior Portfolio Manager General Manager 2008 - 2009 2008 - 2009 2001 - 2004 Chief Investment Officer/ Portfolio Manager, General Manager Fund Manager Global Resources Coal & Coke Departmen
Slide 21: Executive Directors
Executive Directors CEO Mr. Andrew Ferguson Extensive experience in global natural resource markets across multiple commodities, as well as in the finance industry Co-founder and director of New City Investment Manager, one of the United Kingdom’s largest and most successful specialist natural r
Slide 22: Non-Executive Directors and Independent Non-Executive Directors
Non-Executive Directors Mr. Arthur Dew, Chairman Mr. Lee Seng Hui Mr. Lam Lin Chu Bachelor Degree of Law (University of Bachelor of Business Administration Honours Degree of Law (University of Sydney) Sydney) Extensive experience in financial Non-practicing barrister of the Supreme account
Slide 23: Disclaimer
Disclaimer This document is Confidential and may not be reproduced, redistributed or passed on, directly or indirectly , to any other person, or published, in whole or in part, for any purpose without prior written approval from APAC Resources Limited. APAC Resources Limited and its subsidiaries (“A
Slide 24: Contacts
Contacts For more information: Head office Chief Executive Officer Rm 2304, 23F Andrew Ferguson Allied Kajima Building 138 Gloucester Road Investment Analyst Wanchai Mark Hui Hong Kong +852 2237 9900 info@apacresources.com APAC Resources Limited (1104.HK) 24