TTC GROUP INVESTORS CONFERENCE: “OPPORTUNITIES ARISING IN THE NEW NORMALCY”

On July 15th, “TTC Group Investors Conference (2021 – 2025)” was initially held with the theme: “Opportunities Arising in the New Normalcy”.

Conferences aimed to update the production and business results of key industries; predict the potential and development prospects of TTC and sectors; announce investment strategies and highlights from now to 2025; attract the attention, expanding cooperation opportunities of domestic and international investors, organizations, and individuals.

Established from June 28th, 1979, TTC Group is a multisector investor in segments: Agriculture, Energy, Real estate, Industrial Real estate, Hospitality and Education, operating in Vietnam, Laos, Cambodia, Singapore, …

Besides 4 Stock market listed Corporation: Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC Sugar – Code: SBT), Gia Lai Electricity Joint Stock Company (GEC – Code: GEG), Sai Gon Thuong Tin Real Estate Joint Stock Company (TTC Land – Code: SCR), Thanh Thanh Cong Hospitability Joint Stock Company (TTC Hospitality – Code: VNG); Affiliated Companies with diverse segments such as industrial real estate, commerce, logistics, construction, steel structure, food industry,… are continuously improved “Governance – Supervision – Management” activities to approach international standards.

Mr. Dang Van Thanh, Chairman of TTC Group delivered the opening speech, introducing TTC Group and key industries.

Speaking at the Conference, Mr. Dang Van Thanh – Chairman of TTC Group emphasized that 2022 is not only the pivotal moment for successes of TTC’s entire development strategy period 2021 - 2025, but also the year to build an essential foundation for the long-term development process ahead. With screening opportunity in challenge, along with the definition of “Vision is seeing what is invisible to others”, TTC board of manager applied these methods in several important decision-making.

In term of Agriculture, TTC currently owns over 66.000 hectares of raw material area in 3 Indochina countries, leading 46% sugar share market in Vietnam and supplying over 1 million tons of finished sugar products each year. In sustainable development strategy of the period 2021 – 2025, TTC Agriculture industry set a goal to expand up to 2000 hectares raw material area in Australia, increasing to 90.000 hectares of worldwide raw material area in total.

Ms. Diep Thi Phuong Thao – TTC Group Deputy General Manager presented TTC strategy orientation to 2025.

In term of Energy, GEC is the first Company providing commercial solar power with two factories: Phong Dien (Thua Thien Hue) and Krong Pa (Gia Lai). Up to now, GEC has owned 21 hydroelectric, solar and wind power plants with a total capacity of nearly 600 MWp, total investment in the field of solar and wind power is over VND 11.100 billion.

With total assets of VND 10.000 billion, TTC’s real estate segment possesses several prestigious projects and increasingly perfecting the closed system following the actual value chain. TTC presently owns the bank land which has prime locations in HCMC, Da Nang, Phu Quoc, Da Lat, suitable for development of residential, commercial and tourism real estate. At the same time, TTC also orients to broaden in Long An, Mekong Delta, Dong Nai, Lam Dong.

In particular, Vinh Dam Complex Project invested by TTC Phu Quoc consist of 2 main functional areas: Vinh Dam harbor warehouse – industrial real estate and Selavia resort complex with an investment capital up to VND 30.000 billion.

Regarding to Industrial Real estate, development strategy along with efficient utilizing in integration phase, Thanh Thanh Cong Industrial Real Estate Corporation owning Thanh Thanh Cong Industrial Zone Tan Hoi Industrial Cluster (Tay Ninh), and Tan Kim Industrial zone (Long An) with total area of over 1000 hectares. In addition, TTC also owns warehouse and logistics system operating on a scale of more than 52 hectares from HCMC, Tay Ninh, Long An, Binh Duong to Ba ria – Vung tau.

Recently, TTC Hospitality segment retains up to 20 attractive destinations stretched to key province and city, and a tourist spot at Siem Riep (Cambodia) with 4 closed segment operations: accommodation, entertainment, convention/restaurant, traveling.

In addition, Thanh Thanh Cong Trading Joint Stock Company (TTC Trading) has more than 4 decades of experience in the traditional trade of sugar, molasses, and alcohol. TTC Trading is known as the leading supplier, importer and exporter of molasses in Vietnam, providing about 300,000 tons each year, meeting the needs of more than 1,000 customers and businesses.

TTC Trading also owns TTC Logistics Company, with a scale of more than 200 vehicles and a wide linked satellite network, a warehouse area of over 100,000 m2 throughout the provinces, a system of tank warehouses with a capacity of more than 100,000 tons at international harbors and expanding food trading with brand Yufood.

Ms. Huynh Bich Ngoc - Permanent Deputy Chairwoman, General Director of TTC Group committed that they will preferentially focus resources on actualizing all targets.

Especially, TTC has just completed acquisition of Da Lat Yersin University and High School, re-establishing education sector, a portfolio that TTC had previously invested in. At the same time, there is a strategy to broaden the school system in different provinces and cities across country.