Friday 4 January 2019

Nova Buildings acquires key assets in Vietnam

KUALA LUMPUR, Jan 3 (Bernama) – Nova Buildings Group has finalised the acquisition of BlueScope Buildings’ key fabrication assets in Bien Hoa City, Dong Nai Province, Vietnam.

The plant will serve as Nova Buildings’ key manufacturing hub for supply of pre-engineered buildings across Southeast Asia.

Nova Buildings was founded by a group of seasoned and experienced management previously from BlueScope, providing steel, building products, pre-engineered buildings and multinational construction services in the region.

“Nova Buildings’ management collectively has worked with multinationals and large domestic clients in design, engineering and completion of thousands of pre-engineered buildings in logistics and distribution, retail hypermarkets, agriculture, food and beverage, and aviation facilities in Southeast Asia,” said Nova Buildings chief executive officer, Cheong Ku Wei, in a statement today.

“We will continue to provide support to clients looking to further invest and expand in this fast growing region,” he added.

Nova Buildings is headquartered in Singapore, with local business entities incorporated in Indonesia, Malaysia, Thailand and Vietnam.

These entities, with their experienced in-market sales and engineering teams, will work closely with clients to provide competitive and functional pre-engineered buildings integrated with a broad range of quality building products and systems sourced locally with strong domestic aftersales support.

“Nova Buildings is supported by several prominent companies in the construction industry. This certainly is an affirmation of the founding management team, and the synergy with our investors in regional market expansion in a high-growth construction industry in Southeast Asia,” said Cheong.

For more information, visit www.novabuildingsasia.com.

-- BERNAMA

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