Toyo Ventures big move into Vietnam power biz

Managing director Steven Song (pic) and independent non-executive director K.C. Tham realised the need of a sustainable power generation to meet the demand in Vietnam, which led them to bring up the idea of investing in a power plant there.

IT was a eureka moment that has made Toyo Ventures Holdings Bhd inch closer towards securing its massive Vietnam power plant project.

The announcement of the power project, along with the subsequent questions about the deal, were finally answered when at the end of last year, Toyo Ventures announced the execution of the deal and has since harboured larger ambitions for its businesses in Vietnam.