Sonkim Land Won The Awards Of Vietnam M&A Forum 2017
Ho Chi Minh city, on 11/8/2017 – SonKim Land is honored with the award of The Best Real Estate Deal of the Year 2016-2017 and The Company with Typical Public Disclosure of the Year 2016-2017 within the framework of the 9thVietnam Mergers and Acquisitions (M & A) Forum, 2017 with the theme of "Seeking a Big Push" held on 10/8/2017 at the GEM Conference Center (HCMC).
The honor ceremony of Deal and M&A Advisor is one of the annual activities of the Vietnam M&A Forum. A list of typical M&A deals selected by the Independent Appraisal Council will help businesses and investors assess and review the development of the size and nature of M&A in Vietnam in the past years.
This year, SonKim Land has successfully completed 100 million USD fundraising (the first round of this investment – 46 million USD – has been disbursed) from EXS Capital and ACA Investments through the Lemongrass Master Fund and this deal has been selected and honored to be The Best Real Estate Deal of the Year 2016-2017. This is the second cooperation between SonKim Land and EXS Capital through Lemongrass Master Fund after the initial successful investment of approximately 37 million USD in 2013.
In addition, SonKim Land has been also honored as The Company with Typical Public Disclosure of the Year 2016-2017. This is the first year, in which the M&A Forum in Vietnam has the best information disclosure Company/Dealer category to honor businesses, units or dealers, which have strategies and implement information disclosure policies transparently and effectively. Transparent communication and information disclosure strategies have contributed to the success of the deal as well as provided standard information to the public. SonKim Land is one of eight businesses honored in this category.
Vietnam M&A is a leading reputable forum in Vietnam, attracting the attention of a large number of local and international managers, economic experts, businesses and investors. The forum not only contributes to the promotion of foreign investment in Vietnam through M&A, investment connection between domestic and foreign partners but also offers many useful recommendations to the government authorities to improve the legal framework and policies on M&A, contributing to promote economic growth and international integration of Vietnam.