TGV & FPT Capital sign strategic partnership

July, 27/2022 - 11:04
On July 26, Times Garden Vietnam JSC (TGV) and FPT Fund Management JSC (FPT Capital) signed a strategic cooperation agreement for development in the fields of real estate, finance, and services in Vietnamese and international markets. At the same time, FPT Capital will also become a strategic shareholder of TGV with a 25 per cent stake.

On July 26, Times Garden Vietnam JSC (TGV) and FPT Fund Management JSC (FPT Capital) signed a strategic cooperation agreement for development in the fields of real estate, finance, and services in Vietnamese and international markets. At the same time, FPT Capital will also become a strategic shareholder of TGV with a 25 per cent stake.

Do Vu Dien (left) - General Director of TGV, and Nguyen Thi Thu Nguyet - General Director of FPT Capital, represent the two sides in signing a strategic cooperation agreement.

The signing ceremony was attended by Ngo Thanh Hai - Chairman of FPT Capital, Nguyen Thi Thu Nguyet - General Director of FPT Capital, and Masashi Nakajima - Chairman of the Board of Directors of TGV, Do Vu Dien - General Director of TGV, and many other representatives.

With the mission of building modern works but still keeping sustainable values, actively expanding projects in localities where there is a dynamic, good and potential business environment; bringing high-class values ​​to the thriving provinces, creating a regional uniform economic development as well as meeting the needs of local people, TGV always encourages creativity in its all design, planning and business activities.

In addition, TGV constantly creates modern works based on environmental protection and preservation of local culture, harmonising all factors for sustainable development and the community’s interests.

FPT Capital is a significant and reputable investment and fund management enterprise founded by the country's leading technology group, FPT and SBI Holding (Japan).

During the ceremony,  Masashi Nakajima - the representative of FPT Capital for fund management in TGV, received high trust from the Board of Directors and was elected as the new Chairman of the Board of Directors of TGV for the term 2022-2027.

Nakajima is a Japanese citizen who has various business experience. Hehas worked in banking automation and real estate in the US, Canada, Japan and Korea, as well as many large foreign companies in Taiwan, Hong Kong, and the Asia Pacific.

Masashi Nakajima – TGV’s new Chairman of the Board of Directors

Delivering a speech at the ceremony, Nakajima said: “In my new position, it comes beyond my expectation that everything has gone so smoothly like this. Pairing FPT Capital with the participation of strategic shareholders who are extensively experienced businessmen has a special meaning for TGV."

"This is an important milestone in TGV’s formation, development and international integration. It is sure that in the coming time, TGV will continue to grow and fully mobilise its potential and strengths in real estate.”

TGV and FPT Capital leaders at the signing ceremony

By cooperating with a company that has a wealth of experience in the management of domestic and international investment funds, such as FPT Capital, TGV will have many new opportunities to promote the development of business activities, distribute real estate products in residences, tourism, industry and services as well as focus on developing M&A to realise its ambitious dreams.

According to Nakajima, going forward TGV will continue to cooperate with other big investment funds to promote activities the company’s strengths and make TGV grow stronger and bring better value to the community and wider society.

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