Ho Chi Minh City-based property developer SonKim Land has managed to raise additional capital from existing and new investors in early August and its CEO Andy Han Suk Jung now shares with TheLEADER on how it will spend the fund to back its future growth and upcoming IPO.
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.
Hongkong Land is showing great interest in the country’s luxury residential market.
High growth of middle income people and rapid urbanization power the Vietnamese real estate market to grow, according to SonKim Land CEO Andy Han Suk Jung.
Quoc Loc Phat Joint Stock Company together with SonKim Land and Vietcombank have successfully signed a strategic cooperation agreement to officially kick off the Metropole Thu Thiem project in Thu Thiem New Urban Area, District 2, Ho Chi Minh City.
In the memory of entrepreneurs, former Prime Minister Phan Van Khai is a great contributor to the recognition and development of the Vietnam private business sector.
Investment funds managed by Dragon Capital have invested in real estate companies, namely Century Land Joint Stock Company (CEN Land) and Hai Phat Investment Joint Stock Company (Hai Phat Invest).
