SkyWorld acquires 1.3-acre land in Ho Chi Minh City for RM68m
The company said it acquired the land by way to purchasing 100% stake or 1.
The company said it acquired the land by way to purchasing 100% stake or 1.
The company said this mixed-use development site has a projected gross development value (GDV) of US$1.
Since the launch of the first project in 2014, SkyWorld has scored a take-up rate of 98%, for which executive chairman Datuk Seri Ng Thien Ping attributed to the group’s strategy of delivering the right product with right pricing and at the right location, coupled with good quality and workmanship.
The enlarged issued share capital of approximately one billion shares will translate to a market capitalisation of approximately RM800 million.
The Parkson group set foot in Vietnam in 2005 and developed a premium shopping mall chain in the major cities of Ho Chi Minh City, Hanoi and Haiphong.
KUALA LUMPUR (May 13): Kein Hing International Bhd on Thursday announced it has awarded an RM5 million construction contract to a third party main contractor in Vietnam for the proposed construction of a single-storey factory.
KUALA LUMPUR (Oct 18): Gamuda Bhd’s wholly-owned sub-subsidiary in Vietnam, Gamuda Land HCMC Joint Stock Company, has acquired 5.
SINGAPORE (Oct 13): CapitaLand’s wholly owned lodging business unit, The Ascott, has partnered Sun Group, one of the biggest real estate developers in Vietnam, to manage Vietnam’s largest serviced residence integrated development, it announced.
PETALING JAYA (Sept 13): Japanese electronic giant Toshiba will be closing its 30-year-old production facility in Dalian, China, by the end of September this year, reported South China Morning Post (SCMP) on Sept 9.
KIEN GIANG (June 28): The resort island in southern Vietnam is now in progress to fully vaccinate its residents, to prepare for the holiday island reopening as early as September, reported Inside Asian Gaming news portal.