INVESTCORP visits and works with KAM HING Group in China

On a business trip to China from July 31, 2019 to August 8, 2019, the Board of Directors of INVESTCORP led by Mr. Do Ngoc Dao - Chairman of the Board of Directors and General Director visited and worked with Leadership of KAM HING Group - The world's leading manufacturer of textile, dyeing, bleaching, shaping and vertically integrated finish.

On the evening of July 31, 2019, the Chairman of KAM HING Group - Mr. Doi Cam Xuan and the Chief financial officer - Mr. Ly Huong Dan held a party to welcome the delegation. Next, on August 1, 2019, the delegation visited and worked at the first manufacturing factory of KAM HING Group in Panyu district, Guangzhou, China.

Here, the two parties had a meeting and made some agreements on the KAM HING’s projects that will be invested in Vietnam. The Chairman of KAM HING Group highly appreciated INVESTCORP's ability and acknowledged INVESTCORP's support and advice while KAM HING carried out surveying projects in Vietnam and said the projects implemented in Vietnam would be invested with similar model and production process to the ones of the KAM HING’s existing factories in Guangdong but there should be improvements to suit production and conditions in Vietnam. Representative of INVESTCORP's Board of Directors, Mr. Do Ngoc Dao committed to supporting maximally KAM HING Group on investment-related issues in Vietnam, ensuring to bring KAM HING good quality products and competitive prices in the spirit of long-term cooperation.

On August 2, 2019, the delegation visited another KAM HING factory in Enping district, Guangdong province, built in 2008 and put it into use in 2009 with a total area of 150ha. KAM HING Group's factories are equipped with modern machines, closed-chain production line to minimize workers' effort.

With an increasingly-expanding production scale, KAM HING Group is constantly improving its sustainable development ability. At each factory, KAM HING built thermoelectric generators and wastewater treatment center to bring the group initiative in production and improvement of profit while contributing significantly to the fuel saving and environmental protection for the locality.

Other news