Meey Group signs international IPO consulting cooperation agreement with ARC Group Limited

On March 31, Meey Land Group Joint Stock Company (Meey Group), a leading proptech company, signed an international IPO consulting cooperation agreement with ARC Group Limited in Shanghai (China). What role does Meey Group's strategic partner play for Asian companies looking to enter the US market?

Impressive financial deals from ARC

It is known that Meey Group's partner this time is ARC Group (established in 2015), 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).

Meey Group Chairman Hoang Mai Chung and Mr. Carlos Lopez - COO of ARC Group signed a cooperation agreement in Shanghai).

With a team of experienced and veteran experts who have worked at famous financial "empires" such as Goldman Sachs and Bank of America Merrill Lynch, along with extensive partnerships everywhere, ARC Group plays an important role in connecting Asian businesses to key markets such as the US and Europe.

ARC Group has 49 offices in 38 countries, including the US, China, Singapore, India, Sweden, UAE, Mexico, Malaysia, Indonesia, Vietnam…

In the past 5 years, ARC Group has advised on 48 international stock listings with a total transaction value of up to 17.7 billion USD; successfully advised on 35 IPOs and RTOs with a total transaction value of 3.6 billion USD; 29 successful SPAC IPOs with a total transaction value of 3.4 billion USD, advised on 13 DeSPAC transactions with a total transaction value of 14.1 billion USD...

Some notable deals from ARC Group include financial advisory to help AimeiHealth (a Chinese healthcare company) successfully raise $69 million on the Nasdaq; HongliGroup Inc., (a cold-rolled steel manufacturer) successfully IPO in the US on March 31, 2023, raising $8.25 million; acting as an advisor, implementing corporate restructuring strategies to help Graphjet Technology - a Malaysian unicorn in the palm kernel graphene industry, successfully merge with Energem Corp...

With these impressive successes, 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 Stock Exchange and New York Stock Exchange in the US.

Laying the foundation for the journey to seek an IPO in the US

It can be said that by “joining hands” with the “boss” of IPO and financial consulting ARC Group this time, the technology start-up, pioneer in digital transformation of real estate Meey Group, shows its ambition and determination to reach out to the big sea. Partner ARC will accompany Meey Group in the role of financial advisor, preparing the necessary and solid steps on the journey to seek IPO at the Nasdaq or New York Stock Exchange (USA). ARC will focus on implementing goals such as Developing an IPO plan for the company; Valuing the company; Providing accounting and financial support; Coordinating with all third parties involved in the IPO process; Drafting related documents…

ARC Group commits to be a financial advisor to Meey Group in the near future.

Mr. Hoang Mai Chung, Chairman of the Board of Directors of Meey Group, said: With the vision of becoming a multinational technology corporation to create a world-class real estate financial ecosystem, listed with a capitalization value of billions of dollars, connecting with partners like ARC is extremely important, demonstrating the Company's efforts on the journey towards IPO in the US.

“To pursue the dream of an international IPO, we still have a lot of work to do. To build a beautiful house, laying the first bricks of the foundation is equally important. In addition to the scope of IPO consulting, we hope that with its reputation and large network of operations around the world, ARC will help Meey Group approach giants in the fields of proptech, fintech, real estate, etc., opening up many other potential cooperation opportunities,” Mr. Chung shared.

According to the assessment, Meey Group is a pioneering and leading group in the field of real estate technology in Vietnam, and has been building a solid position in the industry through the development of a comprehensive and intelligent technology ecosystem.

With products such as Meey Map, Meey CRM, Meey 3D, Meey Value, Meey Finance… and many other products in the ecosystem, Meey Group effectively applies technology to meet the needs of participants in the real estate market. Thereby, contributing to increasing transparency as well as promoting market transactions.

With its active contribution to the digital transformation of real estate, at the event honoring the leading real estate brand in 2024 - 2025 and the 5th annual Spring Real Estate Forum held in Hanoi recently, Meey Group was honored to win the award "Top One leading brand in the proptech industry in 2024"...

In addition, in 2024, Meey Group also continuously received prestigious awards such as Dot Property Vietnam Awards 2024 in the category of Best Innovation and Technology Application in the Real Estate Sector; continued to be listed in the "golden list" at Top Industry 4.0 Vietnam; was awarded the certificate "Enterprise owning the digital transformation technology solution set in the real estate sector with the largest number of products in Vietnam" by the Vietnam Record Association and the Vietnam Record Organization (VietKings)...

To perfect the organizational structure, operate according to international standards, and seek IPO in the US, Meey Group previously cooperated with PwC Vietnam; joined hands with Richard Moore Associates to consult on brand strategy; connected with BSI Vietnam to apply quality management system, information security management; applied BSC/KPI - the world's most advanced strategy implementation management toolkit today as a "compass" to guide the development journey; applied ESG (environment, society and governance) in operations by proactively seeking reputable partners in the world to accompany and plan training for staff on ESG knowledge...

It is expected that after the strategic cooperation signing ceremony in Shanghai (China), Meey Group and its partner ARC Group will hold a signing ceremony in Vietnam in May 2025.

Ha An

Source: https://vtcnews.vn/meey-group-ky-thoa-thuan-hop-tac-tu-van-ipo-quoc-te-voi-arc-group-limited-ar935012.html