SHENZHEN, China, April 8, 2015 /PRNewswire/ -- On March 3, 2015, the Asean Development Fund Group (ADF) finally secured and achieved its long term goal, going public on the US Market, issuing USD$100 million worth of corporate bonds. Collaborative partners and directors from Southeast Asia, Hong Kong, Taiwan and mainland China gathered in Shenzhen's Sheraton Hotel to commemorate this meaningful and memorable moment.
During their Celebration Gala, ADF CEO Mr. Kashanbai said, "We shall leverage on our distinctive platform to expand our network and arms in China as well as its subsidiaries in other regions, bringing ADF to greater heights." He has also mentioned that the group shall rename themselves as ASEAN DEVELOPMENT FRONTIER INC.
Adding on to its successful IPO and its collaboration with Cambodia Tourism Board, ADF has also sealed a deal with Philippines Tele-communications (Telco), becoming the first foreign corporation in its Telco industry.
Playing an important role in the ASEAN construction industry, ADF strongly believes in the importance of ASEAN's development. Hence, the group and its subsidiaries have been maintaining active and stable connections with other parties for future collaboration and investments.
Following on, ADF has then involved itself in all sorts of industries such as Energy and Power, Property, Tele-communications, Tourism and Cultural. The group believes that after this successful listing, they will tap on the power of Capital Markets to achieve greater leaps and bounds, as a way to show their gratitude to investors and partners.
Photo - http://photos.prnasia.com/prnh/20150403/0861502622-a
Photo - http://photos.prnasia.com/prnh/20150403/0861502622-b
