M&A SIGNING CEREMONY BETWEEN FGROUP, HOA LONG INVEST AND KIM LONG

M&A SIGNING CEREMONY BETWEEN FGROUP, HOA LONG INVEST AND KIM LONG

On the morning of April 24, 2021 at Fgroup Building, Fgroup Investment Joint Stock Company (Fgroup) and Hoa Long Construction Investment Joint Stock Company (Hoa Long Invest) – members of Fgroup completed the signing ceremony of the public M&A agreement with Kim Long Environmental Technology Joint Stock Company (Kim Long).

Attending the signing ceremony, on Fgroup’s side, Ms. Ngo Thi Phuong Thuy – Chairwoman of the Board of Directors of Fgroup, Mr. Le Viet Tung – General Director of Fgroup.

On Hoa Long Invest’s side, the representative attending the signing was Ms. Ngo Thi Minh Tuyen – General Director of Hoa Long Invest.

Representing Kim Long is Mr. Kelvin Chau – General Director of the company, along with representatives of  operating departments of the Company.

Representatives of the three parties signed the M&A agreement

Speaking at the ceremony, Fgroup Chairwoman of the Board of Directors, Ms. Ngo Thi Phuong Thuy shared: “As the”first ” and”core ” member of Fgroup, Hoa Long Invest has had many significant achievements in the field of Industrial Real Estate. And to create momentum to continue to grow and develop sustainably, Hoa Long Invest needs cooperation and support from other companies in the industrial sector.

With the M&A of Kim Long, we believe it will help accelerate the process of improving Hoa Long Invest’s products through the application of superior technology, modern techniques and the companionship of experts from Kim Long.”

Fgroup Chairman of the Board of Directors, Ms. Ngo Thi Phuong Thuy shared at the signing ceremony

Representative of Kim Long, Mr. Kelvin Chau affirmed: “Protecting the environment and enhancing the value of life with customers is the mission that Kim Long wants to aim for. With the rapid development and replication of industrial parks recently, the environment in Vietnam is also facing serious pressure, partly because the treatment system and technology have not been completed and have not yet met high standards. Through the M&A with Fgroup and Hoa Long Invest, Kim Long wishes to be able to carry out its mission, accompanying together to develop green – hygiene – smart industrial parks, friendly to the environment and people’s lives. “.

Representative of Kim Long, Mr. Kelvin Chau, General Director of the company spoke at the signing ceremony

After the official agreement is signed, Kim Long will officially become one of the members of Fgroup Investment Joint Stock Company, playing the role of a key member possessing modern technology, techniques and a team leading expert in the field of environmental treatment.

The cooperation with Kim Long is a stepping stone to help Hoa Long Invest become even stronger on the path of future development. In particular, Hoa Long Invest is committed to ensuring that it improves and provides the Vietnamese industrial real estate market with high quality factory, warehouse, and industrial park infrastructure products, utilities, and comprehensive services.

Mr. Kelvin Chau, General Director of Kim Long and Mr. Le Viet Tung, General Director of Fgroup raised their glasses to congratulate

Fgroup believes that in the future, this tripartite cooperation will strengthen the potential of all three businesses, working side by side to create great and sustainable economic values.