Latest news with #Proptech
Arabian Business
30-07-2025
- Business
- Arabian Business
Dubai Land Department in partnership with Second Century Ventures launch REACH Middle East
Dubai Land Department has partnered with Second Century Ventures to launch REACH Middle East, a real estate technology accelerator designed to transform the sector across the region. Officially opening applications for its first cohort in 2025, the program is inviting startups from all industries to apply. The initiative is led by PropTech (Property Technology) pioneers Siddiq Farid and Karim Helal, and marks a significant step in aligning the region's property market with global advancements in digital technology. REACH Middle East is structured as an eight-month, high-impact accelerator program that will select up to 10 promising startups. Chosen participants will gain access to funding, mentorship, pilot opportunities, and connections that can help them scale both regionally and internationally. Each selected startup may receive up to $250,000 in seed capital and will be introduced to strategic investors, paving the way for follow-on funding. Dubai launches regional proptech innovation hub The program is not limited to traditional real estate startups. Instead, it encourages applications from companies using emerging technologies, such as artificial intelligence, the IoT, and blockchain, with the potential to impact real estate, construction, sustainability, or property management. Revenue-generating startups between the seed and Series A stages are especially encouraged to apply. In addition to financial investment, REACH Middle East is said to offer direct access to major real estate developers, government entities, and facility managers, allowing startups to test and commercialise their technologies in real-world settings. Participants will also receive mentorship from global experts, successful founders, and seasoned real estate professionals. The accelerator aims to help startups plug into a global network of over 330 alumni companies and provide visibility at major industry events, trade shows, and conferences. The launch of REACH Middle East is in line with the UAE's broader digital transformation initiatives, including the UAE Digital Economy Strategy, Dubai Economic Agenda D33, and the Dubai Real Estate Sector Strategy 2033. These strategies collectively aim to add over $27 billion to the economy and promote the region as a leader in digital innovation. The program also complements other major regional initiatives, such as Abu Dhabi's Hub71, the Saudi Real Estate Development Fund, and the NEOM Innovation Hub, all of which support the innovation ecosystem under Saudi Arabia's Vision 2030. Second Century Ventures, the venture capital arm of the National Association of Realtors in the United States, is the driving force behind REACH globally and is recognised as the most active real estate tech fund worldwide. Its unique position allows it to leverage a vast network of real estate professionals, corporate executives, and technology leaders to support startup growth. Dr. Mahmoud AlBurai, Head of Policies and Innovation at Dubai Land Department, highlighted the strategic importance of the initiative. 'We are proud to collaborate with REACH Middle East to unlock the potential of real estate tech startups across the region. With Dubai as the starting point, this accelerator will provide unparalleled support to entrepreneurs, fostering solutions that resonate throughout the Middle East and contribute to the global real estate ecosystem.' Siddiq Farid, Managing Director of REACH Middle East, emphasised the practical value of the program. 'The MENA region is at the forefront of real estate innovation, and REACH Middle East is committed to empowering startups to solve real-world challenges. Our program bridges cutting-edge technology with practical real estate applications, driving sustainable growth for startups and the industry alike.' Dave Garland, Managing Partner at Second Century Ventures, called on ambitious founders to step forward. 'REACH offers a unique opportunity for startups to be part of a transformative ecosystem. We encourage ambitious startups to apply to join the next generation of PropTech trailblazers and help shape the future of real estate in the MENA region and beyond.'
Wamda
24-07-2025
- Business
- Wamda
MENA startup investment hits $2.1 billion in H1 2025, up 134% YoY
Startup funding in the Middle East and North Africa reached $2.1 billion during the first half of 2025, with 334 deals recorded across the region — a 134% increase compared to the same period in 2024. While this growth was partially fuelled by an uptick in debt-based financing, the figures nonetheless reflect a notable level of investor activity amid continued regional uncertainty. Q2 ends on a high note despite June slowdown The second quarter concluded with $583.4 million deployed across 149 deals, exceeding Q2 2024 in both value and deal count. The performance marks a rebound despite a weaker June, underlining investors' continued appetite for exposure to the region's startup ecosystem. Market conditions remained challenging throughout the first half of the year. Currency volatility, ongoing regional tensions, and fluctuations in global commodities — including gold, oil, and the US dollar — all contributed to a climate of uncertainty. However, select venture capital firms remained active, deploying capital with measured optimism. Fintech leads Q2; Saudi Arabia regains top funding position Fintech attracted the highest volume of capital in Q2, with 38 startups securing a combined $170 million. Proptech followed, raising $77 million across eight transactions, while traveltech recorded $40 million through two deals. Saudi Arabia emerged as the most funded market in the quarter, displacing the United Arab Emirates. A total of $231.5 million was invested in 38 Saudi startups, compared to $197.7 million across 52 transactions in the UAE. Egypt ranked third, attracting $133 million via 30 deals. By stage, mid-stage startups captured the largest share of capital, with $161 million allocated across 10 Series A deals. Early-stage startups accounted for the majority of transactions, with 67 deals recorded in the quarter. Only four debt transactions took place during the period, alongside two later-stage equity rounds. H1 totals show debt financing as a key driver Total investment in H1 2025 reached $2.1 billion, a significant increase from $898 million in H1 2024. However, when excluding debt-based transactions, which accounted for $930 million, the year-on-year growth narrows to 53%. This expansion coincided with renewed global attention on the region following the visit of US President Donald Trump, accompanied by a delegation of major Silicon Valley investors. The visit was widely interpreted as a signal of strategic interest in the region's tech infrastructure and market potential. Saudi Arabia captures 64% of regional investment Saudi Arabia accounted for approximately 64% of total capital deployed in MENA during the first half of the year. Investment volumes in the Kingdom surged 342% compared to H1 2024, underpinned by a policy-driven ecosystem and consistent government intervention. The majority of funding activity in Saudi Arabia was concentrated in fintech, which raised $969 million across 20 transactions. Contech and proptech followed, attracting $48 million and $39 million, respectively. The Saudi market benefited from sovereign wealth funds backing local VC firms, alongside government incentives designed to attract international founders and technologies. The dominance of male-led ventures remained evident. However, three female-founded startups raised a total of $60 million, and mixed-gender founding teams secured $34 million across seven deals. Funding activity was largely driven by domestic firms such as STV, Wa'ed Ventures, and Raed Ventures. International participation also surfaced, with JPMorgan backing a debt round raised by Lendo, signalling foreign institutional interest in the Saudi fintech market. UAE sees steady growth amid competitive pressure While no longer the region's top-funded market, the UAE continued to attract substantial investor interest. In H1, 114 UAE-based startups secured $541 million in capital — an 18% increase from the previous year. Debt represented just 19% of total UAE deal volume, reflecting a relatively healthier equity pipeline. Fintech led the sectoral breakdown with $265.8 million raised across 35 deals. Insurtech followed with $55 million across five deals. Web3 and AI startups each secured $44.7 million in funding — the former through 11 companies and the latter through 13. Eight female-led startups in the UAE raised $17.6 million, while mixed-gender teams secured $91.7 million. Despite those figures, male-founded startups continued to dominate the capital landscape. Egypt gains momentum despite macroeconomic strain Egypt registered a 106% year-on-year increase in funding volume, with $179 million raised across 52 deals. The uptick comes amid ongoing macroeconomic stress, with Egypt's external debt reaching 38.8% of GDP by the end of 2024. Debt financing accounted for 13% of the funding activity. Unlike Saudi Arabia and the UAE, Egypt's most funded sector was proptech, which received $75 million through three transactions. Fintech followed with $85.3 million raised by 10 companies, while e-commerce startups secured $24.8 million across seven deals. Female-founded ventures in Egypt received $425,000 in total, while mixed-gender teams secured $23 million. The remainder of the funding went to 37 male-led companies. Fintech, debt, and mid-stage Rounds Shape H1 Fintech maintained its position as the dominant sector across MENA in H1, capturing 62% of all deployed capital through 77 deals. Two of the region's three mega-deals during the period were directed toward fintech companies. A single large investment in iMena Group elevated venture studios to second place in sector rankings, followed by proptech, which secured $119 million across 16 startups. E-commerce recorded $65 million in 24 transactions. Debt-based financing played a central role in shaping the capital landscape. Approximately 44% of H1 funding — or $930 million — was provided through debt instruments, signalling a shift in investor behaviour amid global economic uncertainty. Early-stage activity remains strong; B2B prevail Early-stage companies (pre-seed to Series A) attracted $568 million in funding, while later-stage companies (pre-Series B to pre-IPO) secured $431.7 million. Despite the dominance of mid-sized rounds in capital volume, early-stage startups continued to lead in deal count. Business-to-business (B2B) models attracted the majority of investor capital. B2B startups raised $1.5 billion across 197 transactions, representing 70% of total funding in the first half. The remaining capital went to B2C startups or companies operating in hybrid models. Gender funding gap widens Funding allocation remained highly imbalanced across genders. Startups founded exclusively by men received nearly 89% of total H1 capital. Female-founded startups accounted for just 27 transactions, raising a combined $84.5 million. Mixed-gender founding teams secured $150 million.
Malay Mail
15-07-2025
- Business
- Malay Mail
Meey Group Hosts the 'Proptech Capitalization Strategy Forum: Born in Vietnam - Build for the World'
Affirming Its Pioneering Role in Realising Vietnam's National Digital Asset Policy Over 20 investment fund leaders and 20 top companies in attendance. Featuring partner ARC and senior Nasdaq representatives. Deep-dive sessions on capitalisation solutions and IPO roadmap for Vietnamese enterprises. Official signing of a comprehensive strategic cooperation between Meey Group and ARC The ceremony for official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group, July 14, 2025. Photo: Meey Group. HANOI, VIETNAM - Media OutReach Newswire - 15 July 2025 - Meey Group , Vietnam's leading property technology company, organises 'Proptech Capitalization Strategy Forum: Born in Vietnam, Build for the World' at the InterContinental Hanoi Westlake. This event is not only expected to open a new chapter for Vietnam's tech enterprises aiming for global IPOs but also considered as a strategic touchpoint between international capital markets and the domestic tech ecosystem, in alignment with the national digital transformation concretise of Vietnam's National Digital Transformation Programme approved by the Prime Minister in Decision No. 749/QĐ-TTg dated June 3, 2020 and gradually build a legal corridor for digital assets according to Decision No. 1255/QĐ-TTg, the role of pioneering tech enterprises is more critical than ever. Particularly in real estate, a sector contributing for a large proportion of the economy, digitalisation and asset tokenisation are seen as vital tools to unlock capital flows, increase transparency and attract high-quality the trend and in harmony with national direction, Meey Group initiates this event to connect its digital asset technology platform with the global capital market, offering a scalable model for other Vietnamese tech firms. The event is expected to not only accelerate market upgrades and real estate recovery but also pave the way for Vietnam's tech enterprises to step confidently onto the world about the upcoming event,, Chairman of Meey Group, said: "Our mission goes beyond building a successful tech enterprise, we aspire to contribute to the nation's development in general. This forum is our effort to create a strategic 'touchpoint' between international capital and Vietnam's tech ecosystem."By bringing in the best of global standards, experience and investment, we contribute to uplift our economy's competitiveness, promote transparency, and open a new chapter for the Vietnamese tech brand on the global map."Amidst the ongoing Fourth Industrial Revolution that is reshaping all industries and the Government of Vietnam's strong commitment to promoting national digital transformation, the 'Proptech Capitalization Strategy Forum' provides businesses with opportunities to anticipate capital flow shifts towards technology companies with solid foundations and global panel discussions is facilitated by senior experts from the US stock exchange Nasdaq and global financial advisory firm ARC Group. Playing key roles in guiding technology capital markets and providing professional IPO advisory services, these two partners will directly analyse the challenges and share success formulas for Vietnamese proptech enterprises on their international listing agenda goes beyond finance, diving deep into essential topics such as corporate governance, transparency and ESG standards - factors increasingly valued by global institutional investors. Notably, the sessions explore how capital strategy aligns with digital asset transformation - a core competitive advantage aligned with the national digital economy orientation and helps Vietnamese enterprises achieve higher valuations in international sets this forum apart is Meey Group's initiative in building a shared playground. By convening 20 top Vietnamese tech companies with IPO aspirations, Meey Group affirms its leadership not only through its own journey but also through its commitment to elevating the entire Vietnamese tech embodies the spirit of 'Born in Vietnam' - where the success of one enterprise becomes an inspiration and a lesson for the whole community. The direct networking session between these companies and international investment experts will unlock new possibilities for collaboration, knowledge exchange, and an important preparation step for the next generation of tech enterprise.A highlight of the forum is the official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group. Far from being the starting point, the event in Hanoi marks a critical milestone in a well-planned journey. While the March 2025 signing in Shanghai laid the foundation on global cooperation, this forum puts concrete strategies into motion through discussions and activate structured, phased approach demonstrates Meey Group's long-term vision and commitment to global market integration, reinforcing trust among investors and international Group was honoured to host a special panel discussion with the participation of Nasdaq representative Hiren Krishnani, Investor relations and IPO director, at the group's headquarters. The discussion focused on strategic topics regarding IPOs, post-listing corporate governance, and opportunities for ASEAN enterprises in accessing international capital panel discussion provided deep insights into the IPO process, development trends in global financial markets, and solutions to support enterprises in building and developing effective Investor Relations (IR) programs after listing. In particular, Hiren Krishnani shared experiences from advising over 50 successful IPOs, including major transactions such as the Grab" SPAC Combo and VinFast SPAC Combo, helping ASEAN enterprises better understand how to leverage opportunities from Krishnani said: "Nasdaq always accompanies companies in the ASEAN region to bring them to the world, opening up new opportunities in international capital markets. Particularly, with thorough preparation and the right strategy, enterprises can succeed after listing and increase sustainable value."The panel discussion was a valuable event for Vietnamese enterprises, especially Meey Group, to exchange and learn effective strategies for participating in international stock markets, while expanding relationships with potential investors from around the real estate continues to be a cornerstone of Vietnam's economy, estimated to contribute nearly 12 per cent to national GDP. The Government's issuance of Decision No. 1255/QĐ-TTg - approving the 'Scheme of completion of the legal framework on management of virtual assets, digital currencies and virtual currencies' is regarded as a strategic move with the potential to reshape the future of the industry. In this context, the role of pioneering tech enterprises like Meey Group becomes especially Group stands as the sole technology conglomerate in Vietnam to pioneer the development of a comprehensive proptech-fintech ecosystem - one that spans the entire value chain of the real estate industry: from data and management to transactions and achieve this, over the years, Meey Group has gone far beyond building standalone technology platforms. With an ecosystem of 26 integrated products, Meey has undertaken a much greater mission: to standardise, verify, and structure data for the real estate this ecosystem, millions of fragmented, unreliable data points on zoning plans, legal documentation, pricing, and more have been transformed into valuable digital assets that are traceable and verifiable. In doing so, Meey Group is not merely operating on the surface of information, but it is quietly building a massive and trusted digital asset 'repositories' for Vietnam's real estate Meey Group understands that digital assets can only reach their full potential in an environment where value can be unlocked and circulated. That is why the enterprise has established Meey Network, a trusted community platform where digital assets can be transparently connected and traded. Additionally, Meey Finance, a specialised fintech platform, provides the essential tools to 'capitalise' and unlock liquidity, transforming data value into real financial are the crucial elements that enable Meey Group to create an essential 'digital infrastructure', in alignment with the Government's orientation. When the legal framework for digital assets is issued, Meey Group will already be positioned at the forefront with a proven technology platform and data repository.A digital asset, regardless of its intrinsic value, needs market acceptance and a 'set of standards' for proper valuation and capitalization. The 'Proptech Capitalization Strategy Forum' organised by Meey Group aims to be the strategic "touchpoint" to address this the participation of global financial institutions like ARC and strategic consultation from Nasdaq, the forum provides more than just access to capital; it delivers an international 'set of standards' and a 'gateway' to global financial markets. Meey Group's proactive, forward-thinking, and policy-aligned approach not only demonstrates the strategic vision of the enterprise but also serves as a valuable reference model on how private enterprises can contribute to and realize the country's digital economic development +84 249 999 2999Email: [email protected] Website: Hashtag: #MeeyGroup The issuer is solely responsible for the content of this announcement.
Associated Press
14-07-2025
- Business
- Associated Press
Meey Group Hosts the 'Proptech Capitalization Strategy Forum: Born in Vietnam - Build for the World'
Affirming Its Pioneering Role in Realising Vietnam's National Digital Asset Policy HANOI, VIETNAM - Media OutReach Newswire - 14 July 2025 - Meey Group, Vietnam's leading property technology company, organises 'Proptech Capitalization Strategy Forum: Born in Vietnam, Build for the World' at the InterContinental Hanoi Westlake. This event is not only expected to open a new chapter for Vietnam's tech enterprises aiming for global IPOs but also considered as a strategic touchpoint between international capital markets and the domestic tech ecosystem, in alignment with the national digital transformation strategy. The ceremony for official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group, July 14, 2025. Photo: Meey Group. To concretise of Vietnam's National Digital Transformation Programme approved by the Prime Minister in Decision No. 749/QĐ-TTg dated June 3, 2020 and gradually build a legal corridor for digital assets according to Decision No. 1255/QĐ-TTg, the role of pioneering tech enterprises is more critical than ever. Particularly in real estate, a sector contributing for a large proportion of the economy, digitalisation and asset tokenisation are seen as vital tools to unlock capital flows, increase transparency and attract high-quality investment. Leading the trend and in harmony with national direction, Meey Group initiates this event to connect its digital asset technology platform with the global capital market, offering a scalable model for other Vietnamese tech firms. The event is expected to not only accelerate market upgrades and real estate recovery but also pave the way for Vietnam's tech enterprises to step confidently onto the world stage. Speaking about the upcoming event, Hoàng Mai Chung, Chairman of Meey Group, said: 'Our mission goes beyond building a successful tech enterprise, we aspire to contribute to the nation's development in general. This forum is our effort to create a strategic 'touchpoint' between international capital and Vietnam's tech ecosystem. 'By bringing in the best of global standards, experience and investment, we contribute to uplift our economy's competitiveness, promote transparency, and open a new chapter for the Vietnamese tech brand on the global map.' Expect to bring solutions, anticipate trends More than a traditional corporate gathering, the 'Proptech Capitalization Strategy Forum' organized by Meey Group is designed as a high-level, multidimensional dialogue platform. Amidst the ongoing Fourth Industrial Revolution that is reshaping all industries and the Government of Vietnam's strong commitment to promoting national digital transformation, the 'Proptech Capitalization Strategy Forum' provides businesses with opportunities to anticipate capital flow shifts towards technology companies with solid foundations and global vision. In-depth panel discussions is facilitated by senior experts from the US stock exchange Nasdaq and global financial advisory firm ARC Group. Playing key roles in guiding technology capital markets and providing professional IPO advisory services, these two partners will directly analyse the challenges and share success formulas for Vietnamese proptech enterprises on their international listing journey. The agenda goes beyond finance, diving deep into essential topics such as corporate governance, transparency and ESG standards - factors increasingly valued by global institutional investors. Notably, the sessions explore how capital strategy aligns with digital asset transformation - a core competitive advantage aligned with the national digital economy orientation and helps Vietnamese enterprises achieve higher valuations in international markets. Gathering 20 Potential tech companies: advancing the ecosystem together What sets this forum apart is Meey Group's initiative in building a shared playground. By convening 20 top Vietnamese tech companies with IPO aspirations, Meey Group affirms its leadership not only through its own journey but also through its commitment to elevating the entire Vietnamese tech ecosystem. This embodies the spirit of 'Born in Vietnam' - where the success of one enterprise becomes an inspiration and a lesson for the whole community. The direct networking session between these companies and international investment experts will unlock new possibilities for collaboration, knowledge exchange, and an important preparation step for the next generation of tech enterprise. Strategic cooperation official signing ceremony: concretise a well-planned voyage A highlight of the forum is the official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group. Far from being the starting point, the event in Hanoi marks a critical milestone in a well-planned journey. While the March 2025 signing in Shanghai laid the foundation on global cooperation, this forum puts concrete strategies into motion through discussions and activate connections. The structured, phased approach demonstrates Meey Group's long-term vision and commitment to global market integration, reinforcing trust among investors and international partners. Panel discussion between Nasdaq representatives and Meey Group: future orientation and IPO opportunities held the same afternoon at Meey Group's headquarters Meey Group was honoured to host a special panel discussion with the participation of Nasdaq representative Hiren Krishnani, Investor relations and IPO director, at the group's headquarters. The discussion focused on strategic topics regarding IPOs, post-listing corporate governance, and opportunities for ASEAN enterprises in accessing international capital markets. The panel discussion provided deep insights into the IPO process, development trends in global financial markets, and solutions to support enterprises in building and developing effective Investor Relations (IR) programs after listing. In particular, Hiren Krishnani shared experiences from advising over 50 successful IPOs, including major transactions such as the Grab' SPAC Combo and VinFast SPAC Combo, helping ASEAN enterprises better understand how to leverage opportunities from Nasdaq. Hiren Krishnani said: 'Nasdaq always accompanies companies in the ASEAN region to bring them to the world, opening up new opportunities in international capital markets. Particularly, with thorough preparation and the right strategy, enterprises can succeed after listing and increase sustainable value.' The panel discussion was a valuable event for Vietnamese enterprises, especially Meey Group, to exchange and learn effective strategies for participating in international stock markets, while expanding relationships with potential investors from around the world. Meey Group: actively accompanying and actualising the national digital assets policy As real estate continues to be a cornerstone of Vietnam's economy, estimated to contribute nearly 12 per cent to national GDP. The Government's issuance of Decision No. 1255/QĐ-TTg - approving the 'Scheme of completion of the legal framework on management of virtual assets, digital currencies and virtual currencies' is regarded as a strategic move with the potential to reshape the future of the industry. In this context, the role of pioneering tech enterprises like Meey Group becomes especially critical. Meey Group stands as the sole technology conglomerate in Vietnam to pioneer the development of a comprehensive proptech-fintech ecosystem - one that spans the entire value chain of the real estate industry: from data and management to transactions and investment. To achieve this, over the years, Meey Group has gone far beyond building standalone technology platforms. With an ecosystem of 26 integrated products, Meey has undertaken a much greater mission: to standardise, verify, and structure data for the real estate market. Through this ecosystem, millions of fragmented, unreliable data points on zoning plans, legal documentation, pricing, and more have been transformed into valuable digital assets that are traceable and verifiable. In doing so, Meey Group is not merely operating on the surface of information, but it is quietly building a massive and trusted digital asset 'repositories' for Vietnam's real estate market. Furthermore, Meey Group understands that digital assets can only reach their full potential in an environment where value can be unlocked and circulated. That is why the enterprise has established Meey Network, a trusted community platform where digital assets can be transparently connected and traded. Additionally, Meey Finance, a specialised fintech platform, provides the essential tools to 'capitalise' and unlock liquidity, transforming data value into real financial value. These are the crucial elements that enable Meey Group to create an essential 'digital infrastructure', in alignment with the Government's orientation. When the legal framework for digital assets is issued, Meey Group will already be positioned at the forefront with a proven technology platform and data repository. A digital asset, regardless of its intrinsic value, needs market acceptance and a 'set of standards' for proper valuation and capitalization. The 'Proptech Capitalization Strategy Forum' organised by Meey Group aims to be the strategic 'touchpoint' to address this need. With the participation of global financial institutions like ARC and strategic consultation from Nasdaq, the forum provides more than just access to capital; it delivers an international 'set of standards' and a 'gateway' to global financial markets. Meey Group's proactive, forward-thinking, and policy-aligned approach not only demonstrates the strategic vision of the enterprise but also serves as a valuable reference model on how private enterprises can contribute to and realize the country's digital economic development goals. For Media Inquiries: Meey Group Joint Stock Company Tel: +84 249 999 2999 Email: [email protected] Website: Hashtag: #MeeyGroup The issuer is solely responsible for the content of this announcement.
Zawya
14-07-2025
- Business
- Zawya
Meey Group Hosts the 'Proptech Capitalization Strategy Forum: Born in Vietnam - Build for the World'
Affirming Its Pioneering Role in Realising Vietnam's National Digital Asset Policy Over 20 investment fund leaders and 20 top companies in attendance. Featuring partner ARC and senior Nasdaq representatives. Deep-dive sessions on capitalisation solutions and IPO roadmap for Vietnamese enterprises. Official signing of a comprehensive strategic cooperation between Meey Group and ARC HANOI, VIETNAM - Media OutReach Newswire - 14 July 2025 - Meey Group, Vietnam's leading property technology company, organises 'Proptech Capitalization Strategy Forum: Born in Vietnam, Build for the World' at the InterContinental Hanoi Westlake. This event is not only expected to open a new chapter for Vietnam's tech enterprises aiming for global IPOs but also considered as a strategic touchpoint between international capital markets and the domestic tech ecosystem, in alignment with the national digital transformation strategy. To concretise of Vietnam's National Digital Transformation Programme approved by the Prime Minister in Decision No. 749/QĐ-TTg dated June 3, 2020 and gradually build a legal corridor for digital assets according to Decision No. 1255/QĐ-TTg, the role of pioneering tech enterprises is more critical than ever. Particularly in real estate, a sector contributing for a large proportion of the economy, digitalisation and asset tokenisation are seen as vital tools to unlock capital flows, increase transparency and attract high-quality investment. Leading the trend and in harmony with national direction, Meey Group initiates this event to connect its digital asset technology platform with the global capital market, offering a scalable model for other Vietnamese tech firms. The event is expected to not only accelerate market upgrades and real estate recovery but also pave the way for Vietnam's tech enterprises to step confidently onto the world stage. Speaking about the upcoming event, Hoàng Mai Chung, Chairman of Meey Group, said: "Our mission goes beyond building a successful tech enterprise, we aspire to contribute to the nation's development in general. This forum is our effort to create a strategic 'touchpoint' between international capital and Vietnam's tech ecosystem. "By bringing in the best of global standards, experience and investment, we contribute to uplift our economy's competitiveness, promote transparency, and open a new chapter for the Vietnamese tech brand on the global map." Expect to bring solutions, anticipate trends More than a traditional corporate gathering, the 'Proptech Capitalization Strategy Forum' organized by Meey Group is designed as a high-level, multidimensional dialogue platform. Amidst the ongoing Fourth Industrial Revolution that is reshaping all industries and the Government of Vietnam's strong commitment to promoting national digital transformation, the 'Proptech Capitalization Strategy Forum' provides businesses with opportunities to anticipate capital flow shifts towards technology companies with solid foundations and global vision. In-depth panel discussions is facilitated by senior experts from the US stock exchange Nasdaq and global financial advisory firm ARC Group. Playing key roles in guiding technology capital markets and providing professional IPO advisory services, these two partners will directly analyse the challenges and share success formulas for Vietnamese proptech enterprises on their international listing journey. The agenda goes beyond finance, diving deep into essential topics such as corporate governance, transparency and ESG standards - factors increasingly valued by global institutional investors. Notably, the sessions explore how capital strategy aligns with digital asset transformation - a core competitive advantage aligned with the national digital economy orientation and helps Vietnamese enterprises achieve higher valuations in international markets. Gathering 20 Potential tech companies: advancing the ecosystem together What sets this forum apart is Meey Group's initiative in building a shared playground. By convening 20 top Vietnamese tech companies with IPO aspirations, Meey Group affirms its leadership not only through its own journey but also through its commitment to elevating the entire Vietnamese tech ecosystem. This embodies the spirit of 'Born in Vietnam' - where the success of one enterprise becomes an inspiration and a lesson for the whole community. The direct networking session between these companies and international investment experts will unlock new possibilities for collaboration, knowledge exchange, and an important preparation step for the next generation of tech enterprise. Strategic cooperation official signing ceremony: concretise a well-planned voyage A highlight of the forum is the official signing of a comprehensive strategic cooperation agreement between Meey Group and ARC Group. Far from being the starting point, the event in Hanoi marks a critical milestone in a well-planned journey. While the March 2025 signing in Shanghai laid the foundation on global cooperation, this forum puts concrete strategies into motion through discussions and activate connections. The structured, phased approach demonstrates Meey Group's long-term vision and commitment to global market integration, reinforcing trust among investors and international partners. Panel discussion between Nasdaq representatives and Meey Group: future orientation and IPO opportunities held the same afternoon at Meey Group's headquarters Meey Group was honoured to host a special panel discussion with the participation of Nasdaq representative Hiren Krishnani, Investor relations and IPO director, at the group's headquarters. The discussion focused on strategic topics regarding IPOs, post-listing corporate governance, and opportunities for ASEAN enterprises in accessing international capital markets. The panel discussion provided deep insights into the IPO process, development trends in global financial markets, and solutions to support enterprises in building and developing effective Investor Relations (IR) programs after listing. In particular, Hiren Krishnani shared experiences from advising over 50 successful IPOs, including major transactions such as the Grab" SPAC Combo and VinFast SPAC Combo, helping ASEAN enterprises better understand how to leverage opportunities from Nasdaq. Hiren Krishnani said: "Nasdaq always accompanies companies in the ASEAN region to bring them to the world, opening up new opportunities in international capital markets. Particularly, with thorough preparation and the right strategy, enterprises can succeed after listing and increase sustainable value." The panel discussion was a valuable event for Vietnamese enterprises, especially Meey Group, to exchange and learn effective strategies for participating in international stock markets, while expanding relationships with potential investors from around the world. Meey Group: actively accompanying and actualising the national digital assets policy As real estate continues to be a cornerstone of Vietnam's economy, estimated to contribute nearly 12 per cent to national GDP. The Government's issuance of Decision No. 1255/QĐ-TTg - approving the 'Scheme of completion of the legal framework on management of virtual assets, digital currencies and virtual currencies' is regarded as a strategic move with the potential to reshape the future of the industry. In this context, the role of pioneering tech enterprises like Meey Group becomes especially critical. Meey Group stands as the sole technology conglomerate in Vietnam to pioneer the development of a comprehensive proptech-fintech ecosystem - one that spans the entire value chain of the real estate industry: from data and management to transactions and investment. To achieve this, over the years, Meey Group has gone far beyond building standalone technology platforms. With an ecosystem of 26 integrated products, Meey has undertaken a much greater mission: to standardise, verify, and structure data for the real estate market. Through this ecosystem, millions of fragmented, unreliable data points on zoning plans, legal documentation, pricing, and more have been transformed into valuable digital assets that are traceable and verifiable. In doing so, Meey Group is not merely operating on the surface of information, but it is quietly building a massive and trusted digital asset 'repositories' for Vietnam's real estate market. Furthermore, Meey Group understands that digital assets can only reach their full potential in an environment where value can be unlocked and circulated. That is why the enterprise has established Meey Network, a trusted community platform where digital assets can be transparently connected and traded. Additionally, Meey Finance, a specialised fintech platform, provides the essential tools to 'capitalise' and unlock liquidity, transforming data value into real financial value. These are the crucial elements that enable Meey Group to create an essential 'digital infrastructure', in alignment with the Government's orientation. When the legal framework for digital assets is issued, Meey Group will already be positioned at the forefront with a proven technology platform and data repository. A digital asset, regardless of its intrinsic value, needs market acceptance and a 'set of standards' for proper valuation and capitalization. The 'Proptech Capitalization Strategy Forum' organised by Meey Group aims to be the strategic "touchpoint" to address this need. With the participation of global financial institutions like ARC and strategic consultation from Nasdaq, the forum provides more than just access to capital; it delivers an international 'set of standards' and a 'gateway' to global financial markets. Meey Group's proactive, forward-thinking, and policy-aligned approach not only demonstrates the strategic vision of the enterprise but also serves as a valuable reference model on how private enterprises can contribute to and realize the country's digital economic development goals. For Media Inquiries: Meey Group Joint Stock Company Tel: +84 249 999 2999 Email: truyenthong@ Website: Hashtag: #MeeyGroup The issuer is solely responsible for the content of this announcement. Meey Group Joint Stock Company
