Signing Ceremony of the Memorandum of Understanding between IDC and Mastern Partners

PHNOM PENH: Yesterday ID Capital Plc. “IDC” represented by Dr. Hor Sereyvath, Chairman of the Board of Directors and accompanied by IDC's Board Members and CEO, formalized the partnership with Partners Corporation “Mastern” represented by Mr. Shin Chang Moo, CEO.

Through the Memorandum of Understanding (MOU), the parties will collaborate and support each other closely to identify and co-invest in potential real estate projects in the Kingdom of Cambodia. Additionally, the collaboration will allow both parties to help promote and strengthen each other's potential through informal sharing sessions/training to share information and expertise on each other's services and markets.

Mastern is a private equity firm licensed to operate in South Korea and has coverage/branches in the United States, Europe, and Asia. Master focuses on medium- to large-scale investments in potential investment projects in real estate, finance, or special projects that have operating revenues. As of 2022, Mastern has a total Asset Under Management (AUM) of more than $27 billion.

IDI and IDC take great pride in the diversity of our 101 local founding investors' expertise that brings us valuable knowledge and experience in the Cambodian market. We are dedicated and designed to foster dynamic partnerships, while also leveraging as a platform of commercial support to our investors, partners, and entrepreneurs.

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