Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »Novaland goes for $1.2B more capital
Vietnam’s fourth-largest property developer Novaland wants to increase its capital by VND29.25 trillion (US$1.24 billion) by issuing 1.95 billion shares to existing shareholders, and another 975 million in private placement. Novaland’s existing shareholders would receive the new shares with a 1:1 ratio at a the selling price of at least …
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