Evergreen Assets Management Announces Signing of MOU with Passion Venture Capital, a MAS- Licensed Venture Capital Fund Management Firm on Potential Investments into Evergreen Assets Management


Singapore,Singapore–(Newsfile Corp. – August 5, 2020) – Evergreen Assets Management Pte Ltd (EGAM) has entered into a memorandum of understanding (MOU) with Passion Venture Capital Pte Ltd (PVC) to invest into EGAM. EGAM has operations in Cambodia and Singapore, with further plans to expand existing businesses into Vietnam and Myanmar.

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About EGAM:

Evergreen Assets Management is a holding company of Evergreen Group, which specializes in the fundamental approach and growth of the existing businesses in the portfolio through meticulous planning and diligence in the ASEAN region. The Evergreen Group has a business presence in 6 countries – Singapore, Myanmar, Vietnam, Cambodia, Hong Kong and South Korea.

It started in the timber processing and trading business before diversifying into a variety of fields that include the corporate financing, real estate and automobile industries.