MP Holdings, formerly known as MERA GROUP, during the process of development and operation, along with the effects of the prolonged Covid-19 pandemic, the company’s Board of Directors recognized the problems of its business in particular. and Vietnamese businesses in general. From there, we wisely decided to restructure the business to build a strong business and become a “Unicorn” in the future.
The enterprise has worked with foreign investment fund advisors to outline a financial plan to follow the IPO roadmap.
Since the restructuring, MP Holdings has successfully raised 5 rounds of capital and grown its value and structure significantly. This is something not all businesses do well in the early stages. Currently, the Company is calling for the remaining capital in 2023. With this important task, the Board of Directors shared in the General Meeting of Shareholders and also showed their high determination in completing the year’s tasks. Mr. Nguyen Kien Trien – Member of the Board of Directors and General Director said: “2023 is an important year, the most important thing for the Company is to complete the capital call round to serve the Company’s business development goals.
In addition, Mr. Pham Van Liem – Communications Director also shared: “With the Company’s ability to mobilize capital, the Capital Development Board is determined to find quality Investors, in accordance with the Company’s criteria. company and at this rate the CFO capital round will soon close as planned.
Currently, MP Holdings continuously organizes sharing sessions with investors about opportunities to cooperate, invest in becoming shareholders of the Company and share the step-by-step development directions of the business in the future. The “CFO” round is also the last round of capital calling in the Co Founder rounds to find investors who will act as co-founders of the Company and soon move to Serri A round to not only mobilize investors in countries but also mobilize foreign investors such as Singapore, Malaysia, and South Africa to participate in the Company according to the consulting roadmap set out by the Fund Advisor.
Certainly, after this funding round ends, the Company will take the next leap forward, the valuation will change significantly, and most importantly, the business will stay on track with its set roadmap and business goals. These are potential opportunities for Vietnamese investors to own shares in businesses before listing shares on the stock exchange.
