SCIC, ZhongMa Fund explore project investment and corporate governance consulting opportunities
- Đối Ngoại Truyền Thông
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HANOI, Viet Nam, December 6, 2023 - At SCIC’s headquarters, SCIC Deputy General Director, Mr. Le Thanh Tuan had a working meeting with Mr. Kyle J. Hong - Co-Founder and Head of ZhongMa United Private Equity Fund.
Attending the meeting, on SCIC's side were Mr. Le Thanh Tuan - Deputy General Director and representatives of SCIC Functional Departments. On the partner’s side, there was the participation of Mr. Kyle J. Hong - Co-founder and Head of ZhongMa United Private Equity Fund and representative of the Department of General Economic Affairs, Ministry of Foreign Affairs of Viet Nam.
Leaders of both sides exchanging information
At the meeting, Mr. Le Thanh Tuan - Deputy General Director of SCIC shared some notable business activities of SCIC in recent times and wished to strengthen networking and cooperation via activities such as (i) attracting foreign investment capital, (ii) providing consulting services in investment, equitization/divestment of state capital; as well as looking into the possibility of signing cooperative documents such as memoranda of understanding (MOU), with the aim to establish a joint investment fund, in order to facilitate information exchange and to realize investment opportunities in many important fields of the economy such as energy, infrastructure...
On the part of ZhongMa United Private Equity Fund, Mr. Kyle J. Hong - Co-Founder and Head presented some significant performance results of the Fund in the fields of investment management, corporate governance consulting and restructuring/equitization of enterprises, including state-owned enterprises. At the same time, the representative of ZhongMa Fund also shared that many foreign investors, including from China, choose Viet Nam as a business investment destination, with factors that make Viet Nam an attractive option such as: Substantially young population, along with an abundant and dynamic workforce. Therefore, Mr. Kyle J. Hong - Co-Founder and Head of the Fund displayed his willingness to coordinate and exchange information, aiming to connect cooperative capabilities in key areas that generate a high degree of economic efficiency such as energy, infrastructure, finance...
Commemorative group photo
Some information about ZhongMa United Private Equity Fund:
ZhongMa United Private Equity Fund is headquartered in Beijing and Qingdao (China), specializing in investing in the fields of technology, low carbon emissions, medical/health care, and renewable energy. The fund has a capital raising target of 500 million USD, of which 100 million USD has been committed. The average investment capital in a project is about 5-25 million USD. ZhongMa Fund is interested in investment opportunities in some Southeast Asian countries, including Viet Nam.
