SonKim Land raises $121 million in follow-up funding
The Ho Chi Minh City-based property developer has successfully closed nearly $121 million in fundraising from a group of investors including EXS Capital, ACA Investments, and Credit Suisse AG.
The Ho Chi Minh City-based property developer has successfully closed nearly $121 million in fundraising from a group of investors including EXS Capital, ACA Investments, and Credit Suisse AG.
After ACA Investments, Japan-based Scroll Corporation has become the second largest stakeholder of Cat Dong, which owns e-commerce sites Cungmua.com, Shipto.vn and Nhommua.com with 26.9 per cent stake.
According to Hiroyuki Ono from ACA Investments, a Japanese fund manager under the Sumitomo Group, Vietnam market is more attractive to Japanese enterprises than Thailand and Indonesia.