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Billionaire Phuong Thao

Billionaire Phuong Thao's company acquires 50 per cent of Splendora urban project

Phu Long Real Estate JSC, which is part of billionaire Phuong Thao’s Sovico Group, received VND2.3 trillion (US$ 101.4 million) of additional capital before acquiring a 50 per cent stake in Splendora urban project and replacing Korean investor Posco E & C.

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