PC1 signs share purchase agreement to acquire Nomura Asia Investment (Singapore)

On July 25, the PC1 Group Joint Stock Company (PC1) announced that it has signed a share purchase agreement for all shares of Nomura Asia Investment (Singapore) Pte. Ltd. (NAIV), subject to regulatory approval.

NAIV is a Singapore-based legal entity with 70 per cent of capital contributed by Nomura Holdings Inc. (NOMURA) and 30 per cent by the JAFCO Group Co. (JAFCO). NAIV holds 70 per cent of charter capital in the Nomura-Haiphong Industrial Zone Development Corporation (NHIZ). This transaction is part of PC1’s plan to develop industrial real estate investment, in order to add to the value chain of its investment strategy and gradually develop its ecosystem.

With core business and investment sectors, PC1 is deploying its investment strategy to develop high-quality industrial zones in key economic regions. For the NHIZ, PC1 plans to exploit its strengths, such as clean energy solutions for factories in the industrial zone; the application of intelligent management software and digital transformation; support for logistics activities, legal matters, and local relations; and support for clients to expand and develop production scale in industrial zones PC1 is investing in, creating favorable development conditions for clients, employees, and localities.

NOMURA is a global financial services group with an integrated network spanning over 30 countries and regions, providing financial services to clients and business partners, including individuals, organizations, enterprises, and governments through three business lines: Retail, Wholesale (Global Market and Investment Banking), and Investment Management.