“Top one” proptech enterprise is ready to compete on the international “playground”
It is known that this agreement is a concrete implementation of the commitments established between the two parties in Shanghai in March 2025. Accordingly, ARC Group will officially become Meey Group's exclusive financial consulting partner, supporting the company in all stages of the IPO preparation process (initial public offering) in the US, including: business valuation, financial and accounting consulting, coordination with third parties and drafting important documents.
The signing ceremony was attended by leaders of both sides, guests included Mr. Pham Quang Vinh - former Deputy Minister of Foreign Affairs, former Vietnamese Ambassador to the US; Dr. Dang Huy Dong - former Deputy Minister of Planning and Investment ; and nearly 300 guests who are experts in the fields of finance, real estate, representatives of many technology enterprises, partners, and domestic and foreign investors.
Mr. Hoang Mai Chung - Chairman of Meey Group Board of Directors speaking at the event |
Speaking at the signing ceremony of the strategic cooperation agreement between Meey Group and ARC named “Meey Group - A journey across the ocean with ARC”, Mr. Hoang Mai Chung - Chairman of the Board of Directors of Meey Group said that real estate is a field with great potential, having a profound influence on the economy but is operating in a very “manual” and “traditional” way, not yet technologically developed, and is facing a historic opportunity to transform.
Digitalization and creation of digital assets are the key to solving "bottlenecks" in transparency, efficiency, and liquidity, thereby unlocking resources and attracting high-quality investment capital flows.
“Therefore, the comprehensive and strategic cooperation with ARC Group is the beginning of a journey to the open sea, where Meey Group brings the world 's most stringent standards to serve Vietnamese aspirations and is our commitment to a transparent and professional IPO roadmap,” Mr. Chung emphasized.
Meey Group leaders and ARC representatives signed a comprehensive strategic cooperation agreement |
Appreciating the efforts of Meey Group, at the “In-depth Seminar on International Listing Opportunities with NASDAQ Representatives”, within the framework of the above event, Mr. Hiren Krishnani - Director of Investor Relations and IPO, in charge of capital market activities in the ASEAN region of NASDAQ said: “NASDAQ will support Meey Group as a trusted advisor. We will accompany you every step of the way to IPO and after IPO”.
It is known that Mr. Hiren Krishnami has more than 15 years of experience in finance, IPO, investor engagement, market data and has conducted more than 50 IPO transactions on the NASDAQ exchange, including the largest combined SPAC transaction ever with "Grab" in 2021, the SPAC transfer event with Vinfast in 2023 and helped many businesses successfully list on exchanges in the ASEAN region such as SGX, IDX...
Mr. Hiren Krishnani and guests visit Meey Group headquarters |
On the sidelines of the in-depth workshop, this expert said: To successfully IPO, businesses need to build a thorough internal control system from corporate governance structure, to compliance with PCAOB (Public Company Accounting Oversight Board), to compliance with SOX (Sarbanes-Oxley Act) to always be ready for "going public".
In addition, businesses, especially in the fintech sector, should meet with US investors before IPO, instead of waiting until after listing to seek feedback. Because US investors are very knowledgeable about the market and have a high risk-taking spirit, they will give specific suggestions to help businesses adjust their strategies, increasing the chance of a successful IPO.
Impressive numbers from our partners
According to research, Meey Group's partner, ARC (established in 2015), is one of the world's leading prestigious financial management and banking consulting groups in the mid-range segment, specializing in providing comprehensive services related to IPO (initial public offering), M&A (mergers and acquisitions), corporate finance and SPAC (special purpose acquisition company)... with transaction value of tens of billions of dollars.
In 2024, ARC Group was honored to receive the “Company of the Year” award from Frost & Sullivan and the “Deal of the Year” award from M&A Worldwide. ARC has also been the exclusive partner of M&A Worldwide in China since 2019 and is one of the important partners of Nasdaq and New York Stock Exchange in the US.
Talking about the cooperation event with Meey Group, Mr. Carlos Lopez - CEO of ARC Group emphasized his trust in Meey Group's vision and capacity.
“We are proud to accompany Meey Group on its journey to seek an IPO in the US. Meey Group is a dynamic, innovative enterprise, ready to compete on the international “playground”. The company owns a smart technology ecosystem, which has been systematically invested in and built; has a management and financial system that is gradually approaching international standards... This is what has created its appeal to foreign investors,” said Mr. Carlos Lopez.
According to the assessment of the ARC Group leader, aiming for an international IPO will create conditions for Meey Group to access many long-term financial resources, thereby expanding its scale of operations, promoting core technology development and enhancing competitiveness.
Recently, Meey Group also received an investment commitment of up to 80 million USD (with some conditions attached) from the Global Emerging Markets (GEM) fund, an American investment group with an investment portfolio of more than 3.4 billion USD.
Source: https://baodautu.vn/meey-group-chinh-thuc-khoi-dong-lo-trinh-ipo-quoc-te-cung-tap-doan-tai-chinh-arc-d334142.html
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