NEW YORK, June 26, 2017 (GLOBE NEWSWIRE) -- Southeast Asia Capital Group, Inc., (the “Company” or “SEA Capital Group”) a US company established in the state of Nevada in 2004 and engaged in finance, trade and project investment, today announced important corporate updates.
The Company has recently appointed Mrs. Huyen Thi Kim Nguyen as its CEO. SEA Capital Group has also partnered with Phanet Holding Corp. and VIET HP AMA Corp. to develop a number of choice projects that could potentially generate very significant profits for the Company.
About Southeast Asia Capital Group, Inc.
SEA Capital Group is an investor in Tra Ngo – Cai Lim Island Eco-tourist Complex located in Van Yen Commune, Van Don District, and Bai Tu Long bay area, Quang Ninh province. This is a very potential project with a total scale of more than 121 hectares of development land over an island area of over 1,000 hectares of natural forests, rock mountains and sea surface. In the master plan design of this project, we can plan to build 5-star hotels, VIP Resorts, golf-course area, entertainment club, casino and VIP beach. Estimated total investment is $US 300 million.
About Phanet Holding Corp.
Richard Phan, Chairman and CEO of Phanet Holding Corp. is one of the first Vietnamese global capital investor groups. Phanet Holding Corp, a prestigious funding company in finance and trade which is also investing into several stunning tourist resorts in Europe. Phanet Holding Corp. is partnering with VIET HP AMA to seek forfunder and prepare to invest into numerous prospective projects in Vietnam.
About VIET HP AMA Corp.
VIET HP AMA Corp., Southeast Asia Capital Group will focus on a number of potential projects in Vietnam, including the eco-resort of Tuy Lai lake located in Tuy Lai Commune, My Duc District, Hanoi with total scale of over 2,000 hectares and estimated total investment of $US 1.5 billion, and other real estate projects in Hanoi, Ho Chi Minh City, Quang Ninh Province and Thanh Hoa Province of Vietnam.
Safe Harbor
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995.