On 14/7, Hiren Krishnani, Nasdaq's director of investor relations and IPOs in ASEAN, met with Meey Group leaders at the company's headquarters in Hanoi. This meeting was part of the Proptech Enterprise Capitalization Strategy Forum organized by Meey Group.

Mr. Krishnani is a leading financial expert at Nasdaq in Southeast Asia. He has successfully executed over 50 IPOs, including two major transactions: the Grab SPAC combo in 2021 and the Vinfast SPAC Combo Switch in 2023.

Mr. Krishnani confirmed his commitment to supporting Meey Group from pre-IPO preparation to post-listing and expressed optimism about the company's access to international capital.

Mr. Hiren Krishnani (second from right) visits Meey Group headquarters. Photo: Meey Group

Mr. Hiren Krishnani (second from right) visits Meey Group headquarters. Photo: Meey Group

At the meeting, Hoang Mai Chung, founder and chairman of Meey Group, shared the company's current resources and future development plans. Mr. Chung pointed out that the domestic real estate market has significant opportunities arising from the fourth industrial revolution. "Technology helps solve fundamental market problems, increasing transparency and liquidity," he emphasized.

According to Mr. Chung, to meet development requirements, Meey Group needs substantial resources, especially capital for innovation and building a suitable financial model. Listing on Nasdaq would help the company develop both domestically and internationally, bringing greater value to customers and the market.

Mr. Hoang Mai Chung (left), chairman of Meey Group, and Mr. Krishnani (right) during their meeting. Photo: Meey Group

Mr. Hoang Mai Chung (left), chairman of Meey Group, and Mr. Krishnani (right) during their meeting. Photo: Meey Group

Mr. Chung also emphasized his desire to contribute to the nation's prosperity by bringing international standards to Vietnam. He believes this will elevate the economy and affirm the Vietnamese technology brand on the world stage.

At the forum, Mr. Krishnani advised Vietnamese businesses to establish internal control systems early and prepare an internal structure ready for the IPO process. "Companies should operate like a public company even before listing and should report quarterly to get accustomed to this practice for when they officially list. The first two quarters after the IPO are crucial for demonstrating value to investors," he stressed.

Mr. Krishnani sharing his insights with Vietnamese business leaders. Photo: Meey Group

Mr. Krishnani sharing his insights with Vietnamese business leaders. Photo: Meey Group

Additionally, the Nasdaq director of investor relations and IPOs suggested that fintech companies meet with U.S. investors before their IPO to receive feedback and specific recommendations on necessary steps. Given the achievements of Vietnamese businesses in recent years, he expressed optimism about Vietnam's potential for upcoming IPO opportunities.

Nasdaq is a stock exchange and financial advisory firm with a market capitalization of nearly 30,000 billion USD. Companies that meet Nasdaq's stringent standards gain trust from the global investment community due to their transparent and sustainable operations.

Mr. Hiren Krishnani (fourth from right), Nasdaq's director of investor relations and IPOs, visits Meey Group headquarters. Photo: Meey Group

Mr. Hiren Krishnani (fourth from right), Nasdaq's director of investor relations and IPOs, visits Meey Group headquarters. Photo: Meey Group

In addition to Nasdaq, Meey Group is also collaborating with ARC Group, a firm with 48 successful international listings in the past five years. This collaboration helps Meey Group access best practices and prepare for the IPO process according to international standards.

"The interest from Nasdaq and ARC Group is a significant competitive advantage in conquering the international capital market. With 26 proprietary technology products, we are well-positioned for a future listing on Nasdaq," a Meey Group representative affirmed.

Dan Minh