Ho Chi Minh City, September 09, 2024 – Searefico Corporation (“Searefico Corp”), one of Vietnam’s top three M&E (Mechanical & Electrical) contractors in 2024, is pleased to officially announce the appointment of Mr. Nguyễn Khoa Đăng as the new Chief Executive Officer of Searefico Corp.
Prior to his appointment, Mr. Nguyễn Khoa Đăng dedicated nearly eight years to Searefico Group’s continuous development. His remarkable accomplishments include the successful restructuring of Searee, following its 2021 merger with Searefico Engineering & Construction (Searefico E&C). This merger revitalized Searee, which recovered from the pandemic’s impact, expanded its business into commercial sectors, and made a strategic move into industrial warehouse leasing. Notably, the Searee Logistic Center in Da Nang was inaugurated on March 29, 2024, and reached full leasing capacity by August 02, 2024. This success generated consistent revenue and profits for Searee, Searefico E&C—where Mr. Đăng serves as CEO—and contributed significantly to Searefico Corp’s overall growth.
In 2023, under Mr. Đăng’s leadership, Searefico E&C surpassed the 1,000 billion VND revenue milestone for the first time in its four-year history, positioning the company among Vietnam’s top contractors. Despite a challenging real estate market, Searefico E&C achieved substantial profits, enabling a 5% cash dividend distribution. By early 2024, Searefico E&C maintained stability with major M&E contracts, and the Board of Directors approved a 2% interim cash dividend, reflecting the company’s resilience and value creation for Searefico Corp.
Recognizing these achievements, the Board of Directors of Searefico Corp has further entrusted Mr. Đăng with key leadership positions across the Group’s subsidiaries, including CEO of Searefico E&C, Board Member of Searee, and Board Member of Asia Refrigeration Industry Joint Stock Company (“Arico”).
Mr. Nguyễn Khoa Đăng embodies the “One Searefico Spirit,” committed to aligning the interests of customers, the company, and shareholders, while ensuring the well-being of its workforce. With his passion, vision, and relentless drive for innovation, the Board is confident that Mr. Đăng will continue to lead Searefico towards even greater accomplishments in the future.
As Searefico Corp approaches its fifth decade, the company continues to affirm its leadership in two core fields—Industrial Refrigeration and M&E Construction—while simultaneously pursuing its ambition to become a diversified Engineering and Technology Group. By embracing the Holding model, Searefico Corp is focused on high-tech industries with significant market potential, aspiring to lead in key sectors and foster growth across its subsidiaries.
Stay tuned for further updates on this exciting new chapter.
Source: Searefico
