Taisei Oncho Vietnam

Searee, a member of Searefico Group, signed a Share Subscription Agreement with Taisei Oncho Vietnam and a Shareholders' Agreement to jointly develop the Searee Industrial Building project in Da Nang, Vietnam, with operations starting January 2026.

Searee Mechanical and Refrigeration announced on June 27, 2025 that it signed a Share Subscription Agreement with Taisei Oncho Vietnam and secured a mid-term credit facility from Techcombank, mobilizing approximately VND120 billion ($4.7 million) to accelerate construction of the Searee Industrial Building in Danang.