[Hong Kong, 6 August 2024] – Computime Group Limited (the “Company”), together with its subsidiaries (the “Group”), is excited to announce the signing of a Memorandum of Understanding (the “MOU”) with the Standard Chartered Bank (Hong Kong) Limited (the “Standard Chartered Bank”). This MOU marks the beginning of a collaboration aimed at driving our business expansion and development in Vietnam.
The MOU, signed on 2 August 2024, signifies a strengthened relationship between the Group and the Standard Chartered Bank, with a shared vision of seizing business opportunities in the dynamic Hong Kong-Vietnam corridor. The Group aims to enhance its business operations and to establish new manufacturing plants in the region by leveraging the Standard Chartered Bank’s extensive network and capabilities in Vietnam.
Mr. AUYANG Pak Hong Bernard, Chairman, Executive Director, and Chief Executive Officer of Computime Group, expressed his excitement about the strategic partnership, “We strongly believe that the collaboration with the Standard Chartered Bank will open up remarkable opportunities for our Group. The close trade relationship and trade investment partnership between Hong Kong and Vietnam unleash enormous development potential for our Group. We are confident that this strategic partnership will accelerate our business expansion and significantly enhance our operational capabilities in the region. The strategic partnership aligns with our global footprint strategies and highlights our dedication to maximizing shareholders’ value.”
This strategic partnership is a testament to the Group’s ongoing efforts to diversify our revenue streams and enhance our profitability. The Group firmly believes that this MOU will drive our business growth, thereby increasing long-term value for the Group and our stakeholders.
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