HO CHI MINH CITY, Vietnam, October 25, 2016. Sunwah Group today announces a new $100 million investment in Vietnam. The new investment is organized as an investment company called Sunwah Vietnam Investment Company (SVIC), a subsidiary of Sunwah Group. SVIC will be headed by Mr. Johnson Choi, Executive Director of Sunwah Group and General Director of Sunwah Vietnam. Mr. Louis Nguyen, CEO of Sunwah Kingsway Vietnam (SKV), has been assigned as the Investment Advisor.
“We have invested in excess of $1 billion here in Vietnam and have seen positive developments over our 45 years of operations in this rapidly growing country,” commented Mr. Johnson Choi. “With the latest changes in government leadership and policies, plus seeing a rising tide of investment opportunities, adding this new $100 million validates our long term commitment to Vietnam.”
SVIC will be investing in areas that are strategic to Sunwah Group, which include F&B, real estate, ecommerce, media, education, healthcare, and green technology. In most cases, SVIC prefers opportunities in the expansion stage, where the company or project is seeking strategic capital to further grow their business. In regards to exit strategy, SVIC invests and assists companies that plan to list in the Hong Kong Stock Exchange or other international markets.
“The objective of SVIC is to leverage the Sunwah brand, expertise, and resources to invest and create sustainable value,” commented Mr. Louis Nguyen. “Because of the long term on-the-ground experience and conglomerate nature of Sunwah Group, we offer the flexibility to invest in a wide array of asset classes including private equity, listed equities, and real estate. We look forward to working with entrepreneurs and capitalizing on this new upswing cycle of Vietnam.”
Linh Huynh (Ms.)
Media Relations, Sunwah Kingsway Vietnam (SKV)
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