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NEON EQUITY AG signs letter of intent with Asian multi-family office

EQS-News: NEON EQUITY AG / Key word(s): ESG/Miscellaneous
NEON EQUITY AG signs letter of intent with Asian multi-family office

16.04.2024 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


NEON EQUITY AG signs letter of intent with Asian multi-family office 

Frankfurt am Main, April 16, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, has signed a Letter of Intent (LoI) with Multi Billion Pacific Limited ("Multi Billion"), a multi-family office based in Hong Kong. Multi Billion is invested in companies that focus on future industries such as e-mobility, smart mobility and AI. One of Multi Billion's goals is to build a sustainable ecosystem in the field of e-mobility. The Chairman of Multi Billion is the renowned Chinese entrepreneur and philanthropist Jackson Lam, whose ancestors founded Ka Wah Bank. This has been owned by the Chinese CITIC Group since 1998. As part of the LoI, NEON EQUITY will gain access to potential customers and investment opportunities through Multi Billon's network. It is also planned that NEON EQUITY will support the Asian company's investments in financing and capital market issues, among other things, and help them to enter the European market.

Thomas Olek, CEO and founder of NEON EQUITY: "The cooperation agreement with Multi Billion creates many synergies for both parties. The planned cooperation with Multi Billion will give us the opportunity to acquire fast-growing companies with innovative business models as potential clients. We can also support Multi Billion and its holdings in increasing their visibility on the European capital market."

About NEON EQUITY

NEON EQUITY AG invests in ESG-compliant companies with high growth opportunities in future industries such as AI, mobility, nutrition, health and energy and accompanies them in successful IPOs. NEON EQUITY is one of the leading providers in advising on IPOs and capital market transactions and connects fast-growing ESG companies with international institutional investors. NEON EQUITY pursues a sustainable and stock market relevant strategy and advises its portfolio partners independently of banks on all capital market instruments.

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16.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:English
Company:NEON EQUITY AG
Mörfelder Landstraße 277
60598 Frankfurt
Germany
E-mail:info@neon-equity.com
ISIN:DE000A3DW408
WKN:A3DW40
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich
EQS News ID:1881583

 
End of NewsEQS News Service

1881583  16.04.2024 CET/CEST

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