PC1 to acquire Nomura Asia Investment in Vietnam

July 25, 2022 | 17:01

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PC1 Group JSC announced it would purchase all shares of Nomura Asia Investment Pte. Ltd. (NAIV), subject to regulatory approvals.

PC1 to acquire Nomura Asia Investment in Vietnam

NAIV is a Singapore-based legal entity, of which 70 per cent of the capital is contributed by Nomura Holdings Inc. and 30 per cent by JAFCO Group Co., Ltd.

NAIV features the sole investment and holds 70 per cent of charter capital in Nomura-Haiphong Industrial Zone Development Corporation (NHIZ).

This transaction is a part of PC1's plan to develop industrial real estate investment in order to add to the value chain of its investment strategy and gradually develop the group's ecosystem.

With core business and investment sectors, PC1 is deploying the investment strategy to develop high-quality Industrial Zones in key economic regions.

For NHIZ, PC1 plans to exploit its strengths such as clean energy solutions for factories and the application of intelligent management software and digital transformation.

Other key areas include support for logistics activities, legal matters, and local relations as well as support for the clients to expand and develop production scales, thereby creating favourable development conditions for clients, employees, and localities.

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