Indochina Capital invests US $1.1 million into BVI-controlled Navigos Group
Last month, the investor fund Indochina Capital made additional investments into the Navigos Group, in the amount of US $1.1 million. Total invested capital to the Group from Indochina made US $3.1 million.
Navigos Group is a US-invested brand owned and operated by Management Consulting Group Ltd, a British Virgin Islands company. It’s main focus is providing human resources services in Vietnam, and investing of local well-known websitevietnamworks.com. According to the Group’s information, about 900,000 people have accessed to this website for job vacancies.
Indochina’s managing director Tung Kim the most important factors luring fund’s capital are rapid growth of Navigos, and the success of the above-named job website.
BVI-controlled Group also plans to list on the local bourse and launch an Initial Public Offering by 2010. Some years ago, Navigos Group’s shares have fetched at the price of US $2.5 per one from US $0.01.