10/08/2023
Meey Land accompanies Alamat Capital Fund: Aiming to become a multinational company

Meey Land Group Joint Stock Company and Alamat Capital Fund have just signed a strategic cooperation agreement with items to support businesses in capital structure, investment attraction, and financial strategy consulting.

Accordingly, Alamat Capital commits to accompanying Meey Land on its path toward the goal of becoming a multinational corporation with billion-dollar capitalization.

Successful with many international deals, especially in Asia and Southeast Asia, Alamat Capital - an investment fund from Singapore for the first time entered the Vietnamese market with a strategic cooperation deal with Meey Land - a joint venture company. a pioneer in the proptech field.

The first cooperation deal in the field of proptech in Vietnam

Alamat Capital - an investment fund from Singapore with many branches in Asian countries is known as a famous strategist in the region, having helped many businesses build effective and appropriate plans, from attracting capital, finding business partners, establishing joint ventures, penetrating new markets...

Alamat Capital's investment "taste" targets target industry groups such as medicine and health; consumption; the manufacturing industry and especially the technology sector (capital raising value of over 100 billion VND). Alamat Capital has been successful with many international deals worth up to trillions of VND in many fields such as technology and finance (Tapp, 4Gives, Nook, RIPA); energy and environment (Descycle); Manufacturing industry (CirPro)…

This cooperation deal with Meey Land promises to open up many potentials for developing the proptech market in Vietnam. Before being "eyed" by Alamat Capital Fund, Meey Land was also a partner of many large domestic and foreign corporations such as VietinBank AMC, Agribank, TPBank, PwC Vietnam, Richard Moore Associates...

Mr. Mark Forsyth - Founder of Alamat Capital Fund shared about the strategic cooperation deal with Meey Land

Sharing about the decision to cooperate with Meey Land and invest in the proptech field in Vietnam, Mr. Mark Forsyth - Founder and General Director of Alamat Capital said: "With 35 years of experience in the field of information technology, finance, proptech, and fintech, I evaluate Asia as a potential market and is expected to grow at a remarkable pace. Alamat Capital has had many investment deals in Southeast Asian countries (Singapore, Malaysia)... and Vietnam is our next destination. We appreciate proptech businesses with competitive positions and advantages like Meey Land. Strategically cooperating with Meey Land, we expect to be able to apply our experience in the fields of finance, proptech, and fintech to help businesses move faster toward their medium and long-term goals.

In the short term, we will promote the settlement and release capital sources for Meey Land. To do that, we will support financial strategy consulting, business planning and forecasting, and market development for the Company's proptech products; Participate in investment and management of projects attracting capital; Helps businesses access capital from Alamat Capital's partners. We expect that in the next 1 year, Meey Land will have access to many reputable capital sources to invest in product development and business changes in a more positive and groundbreaking way."

Expected to clear capital sources and surpass revenue

As a proptech enterprise, Meey Land has a vision of becoming a "Multinational Business Group" with a "Technology - Real Estate Finance" Ecosystem, listed on SEHK (Hong Kong Stock Exchange). ) and has a capitalization value of billions of dollars.

Up to now, Meey Land has a strong team of nearly 400 high-quality employees with bachelor's, master's, and doctoral degrees. The Meey Land ecosystem includes many products that have been solving specific needs of the real estate market such as: Authentic real estate information portal 4.0 - meeyland.com and App Meey Land; The latest planning lookup map platform – Meey Map; Customer demand management application specifically for real estate brokers - Meey CRM; Real estate valuation tool applying AI technology - Meey Value; Platform providing 3D solutions in real estate transactions - Meey 3D... Among them, Meey CRM and Meey Map are two potential products expected to bring breakthrough revenue to Meey Land in the near future.

According to Mr. Hoang Mai Chung - Chairman of the Board of Directors of Meey Land: "The company is on the right path with the initially set goals. From the foundations and achievements we have achieved, we are completely confident in the future of the business. However, to go international and attract investment capital, we need to cooperate with reputable organizations and need systematic and professional financial advice and consulting. Cooperating with Alamat Capital Fund, we expect this to be a turning point to help Meey Land accelerate. With a strong financial foundation, proper structure, and use of capital for product and business development activities, Meey Land will move faster toward its goal of becoming a billion-dollar enterprise."

Mr Hoang Mai Chung - Chairman of the Board hopes that the cooperation will help Meey Land accelerate in the near future

At the ceremony, Mr. Nguyen Duc Tai - Chief Financial Officer of Meey Land also added that the strategic financial cooperation with Alamat Capital Fund (Singapore) marks an important milestone in the Company's development process, bringing Meey Land brand to regional and international markets. According to the signed agreement, the Fund will accompany Meey Land to consolidate all existing resources, strongly strengthen domestic business activities, and open up opportunities to access many large foreign capital sources in the future.

Mr. Nguyen Duc Tai - Chief Financial Officer of Meey Land shared at the strategic cooperation signing ceremony between Alamat Capital and Meey Land

With the corporation of a Fund like Alâmt Capital, Meey Land hopes to solve the problem of investment capital for businesses, stabilize the financial foundation and have more resources for a period of outstanding growth in revenue. profit and capitalization...

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