PETALING JAYA (July 27): SkyWorld Development Bhd has established its first permanent overseas presence with the opening of a sales gallery and office in Ho Chi Minh City, Vietnam.
PETALING JAYA (July 15): SkyWorld Development Bhd has broken ground on SkySOLIS, its first residential development outside Malaysia, marking its entry into the Vietnam property market under its SkyWorld 2040 long-term strategic plan.
PETALING JAYA (May 27): JAKS Resources Bhd started its financial year ending Dec 31, 2026 with higher contributions from its Vietnam power joint venture (JV) cushioning weaker results from property investment and construction-related activities.
Setia Gardens Residences, set for completion in 2027, is designed to be a new landmark in the Northern corridor of Ho Chi Minh City.
The group said its wholly-owned subsidiary, Berjaya Leisure (Cayman) Ltd, is divesting the 80% stake in Berjaya-Handico12 Co Ltd (BHandico12) to two Vietnamese firms, namely Dong Thinh Phat Land JSC and Green Hill Construction Investment JSC.
The group has, via its wholly owned SkyWorld Development (Vietnam) Co Ltd (SkyWorld Vietnam), inked a memorandum of understanding (MOU) with Dong Me Kong Construction Manufacture Trading Service Co Ltd (DMK) and Phu My Development Investment Joint Stock Company (PM) for the purpose.
The recent Asia Real Estate Leaders study trip revealed multi-faceted insights into the Vietnam property landscape, giving a clearer picture on how opportunities could be gleaned amidst challenges including local demand, bureaucratic red tapes and indefinite legislations.
Eaton Park is located 6.
The group said its wholly-owned unit, SkyWorld Development (Vietnam) Company Ltd, has entered into a memorandum of understanding (MOU) with SkyVenue Land Group Joint Stock Company, SkyBridge Company Ltd and the shareholders of SkyVenue to jointly develop the remaining plots of the Guocoland Commercial Complex project in Thuan An City.
The company said it acquired the land by way to purchasing 100% stake or 1.
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