News about Ho Chi Minh

PETALING JAYA (March 21): The first citizenM (pictured) hotel in Malaysia will open its doors in the Bukit Bintang area in Kuala Lumpur next year.

SINGAPORE (March 20): Keppel Land has increased its stakeholdings in Saigon Centre shopping complex.

SINGAPORE (Feb 14): CapitaLand announced Monday that its wholly-owned subsidiary CLV Investment 5 has acquired an additional 20% interest in CapitaLand-Thien Duc Company (CTD) for a cash consideration of US$17.

PETALING JAYA (Jan 25): Vietnam will stand out as a rising star in the Southeast Asia property market with strong demand growth in the office, residential and retail sectors as well as increasing foreign direct investment (FDI) to the country, according to international real estate services firm JLL.

SINGAPORE (Jan 17): CapitaLand is acquiring a prime commercial site in the CBD of Ho Chi Minh City to develop its first international Grade A office tower in Vietnam.

SINGAPORE (Sept 27): OCBC Investment Research is keeping CapitaLand at “buy” with an unchanged fair value estimate of S$3.

SINGAPORE (Sept 23): CapitaLand has made its third acquisition in Vietnam within 14 months with the purchase of a prime site in Ho Chi Minh City, for US$51.

KUALA LUMPUR (Aug 4): Malaysia's Genting Group and Pavilion Group are partnering with Vietnam-based property developer Van Thinh Phat Group Corp to develop the US$6 billion (about RM24 billion) Saigon Peninsula mixed project in Ho Chi Minh City, Vietnam.

Gamuda Bhd (March 10, RM4.

S P Setia Bhd’s three-month “Jet Set with Setia” campaign, held in conjunction with its 40th anniversary, found a grand prize winner in Lee Sheng Jie at the concluding lucky draw on Dec 12 last year.