SAVICO held Investor Conference with the participation of 30 investment organizations and individuals at REX Hotel, 141 Nguyen Hue Street, District 1, HCMC on Mar 30th 2012.

At the conference, SAVICO’s leaders provided the investors with the 2011 business situation as well as the corporation’s Draft plan and business solutions in 2012. Although the international and domestic context is still difficult, Savico’s gross sales in 2011 reached 123.4% of the plan, and the gross pretax profit 111.9% of the plan. Evaluating the potential, internal force, prospect and stategy for the development of the corporation in the future, Savico introduced and called for cooperation of the investors in some main projects, such as the apartment building project at 56 Ben Van Don Street, District 4, HCM; the apartment-office-hotel project at 66B-68 Nam Ky Khoi Nghia Street, District 1; the Hiep Binh Phuoc Residental area project in Tam Binh Ward, Thu Duc District; Mercure Son Tra Resort and Nam Cam Le (Da Nang province). Concurrently, the Business Services were also received the investors’ attention through the introduction of new partners and suppliers, or those who sponsored business premises to help SAVICO expand the automobile service system and investment companies specialized in motorbikes in Vietnam. Particularly, SAVICO expected to multiply the SAVICO’s MegaMall model in HCMC, Da Nang and Can Tho.

In a direct and straightforward interaction, the investors highly appreciated SAVICO’s efforts in difficulties to carry out the plan well, make high profit, and ensure the employees’ living conditions and the commitment to the shareholders. Moreover, due to the high interest rates, they also suggested that SAVICO continue to reaccess inventories, manage spending closely, reinforce solutions and take more determined actions in each field. Furthermore, SAVICO, a potential and prestigious corportation in business services, needs to bring into play its strength in the field of supplying accessories and services for cars and motorbikes; investigate retail business model to make high profit rates; in Real estate Services, strengthen in both the international and domestic market to find partners for cooperating, investing and developing Savico’s projects efficiently. What is more, Savico needed to focus on build up the image of the corporation more clearly by identifying specific operation strategist model to attract more partners to make the corporation’s development in the following years.

At the end of the conference, Mr. Nguyen Vinh Tho, Chairman of the Board of Directors cum General Dictors claimed: “I would like to express our gratitude to all the investors who always care and contributed to the corporation’s development, stand with SAVICO through tough times and have faith in the corporation. At the same time he answered all the questions from the investors, analyzing specific pros and cons in each field, especially the potential problems in mechanism and policies affecting the corporattion’s Business and Real estate Services… However, he ensured that an experienced and prestigious corporation like Savico would handle all the problems, and indicated that the Board of Directors always appreciates the integrity, responsibility for income all the customers brings, and welcomes all the suggestions from the investors to development the corporation in the future.