Hong Kong S.A.R. – 08-09-2019 (PRDistribution.com) — The premier Asia-focused independent private equity investment firm, Queen Capital International Limited (“Queen Capital”) has expanded its Asia-Pacific footprint with the opening of a new investment coordination office in Ho Chi Minh City, Vietnam. The expansion is in response to the successful completion of the new round of USD1 Billion funding from a major shareholder Mr. William Luong.
This latest round of investment will bring Queen Capital’s total investment portfolio to close to USD5 Billion while the new funds will be used to accelerate the Company’s plans for deepened platform capabilities and increased international expansion. Queen Capital is also pleased to announce the partnership with Lee & Lee Joint Stock Company, a Vietnam conglomerate with a focus in real estate investment and property refinancing, to co-invest into the local property projects which will absolutely accelerate Queen Capital’ growth strategies in the area.
Vietnam’s development for the past 30 years has been remarkable and will remain a priority for investors. According to a Vietnam Briefing report, Vietnam continues to attract record foreign direct investment (FDI). The latest data from the Foreign Investment Agency (FIA) shows that FDI in Vietnam in the first five months of 2019 reached a four year high of US$16.74 billion. This inflow represents a year-on-year increase of 69.1 percent. Investment has been mainly driven by the investments from Japan, South Korea, China and Singapore.
“We will continue to invest in opportunities that reflect our differentiated investment strategy, deep sector expertise, and focus on operational improvement. Vietnam cannot be a wrong choice. With the opening of our Vietnam office, we can better support our team to locate good investment opportunities across Vietnam.” said Kristy Tran, Chief Investment Officer for Queen Capital. Queen Capital’s investment strategy is to invest into real estate, financial services, energy and infrastructure projects that can yield long term capital gain and short term constant dividend return.
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