The signing of the strategic investment will help both companies develop further based on their respective strengths |
The total strategic investment of Samurai Power in IDS Equity Holdings is $31 million for significant minority shares. The largest shareholder in IDS is Leadvisors Capital Management, a Vietnamese principal investment company established in 2008 and headquartered in Hanoi.
“After a long and intensive due diligence with IDS Equity Holdings, we realise Samurai Power and IDS share a similar business philosophy and investment goals, in which we get actively involved in supporting the day-to-day operations of investee companies and driving businesses forward,” said Nobuyuki Matsukura, senior executive director of Samurai Power and board member of IDS. “Vietnam and Japan are two nations embracing the same Asian values and Samurai Power believes that IDS will soon become an international company.”
Founded in 1996, Samurai Power is the parent company of Raysum Co., Ltd., which is a public listed company on the Tokyo Stock Exchange. Raysum, founded in 1992, is a pioneer in non-performing loan trading in Japan and real estate acquisition of Japan’s state-owned enterprises via securitisation. Samurai Power Group has built the largest independent non-performing loan company in Japan.
Speaking about the strategic partnership, Huynh Minh Viet, chief executive officer of Leadvisors Capital Management and board member of IDS Equity Holdings, expressed his belief that Samurai Power is the critical missing piece in IDS’ strategy, as IDS receives not only additional capital for future investment and business plans but also global expertise and experienced human resources from Samurai Power and its affiliates.
Before Vietnam, Samurai Power invested and expanded its footprint in other markets such as India, Myanmar, Cambodia, and Malaysia. In its announcement, the firm emphasised that its strategic investment in IDS Equity is the first after nearly 10 years of intensive and thorough market watching and study, which is a testament to the quality of IDS Equity and its team.
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