atans1

GIC invests US$1.3 bn in Vietnam

In GIC on 18/04/2018 at 6:38 am

Vingroup’s Vinhomes has got GIC to invest US$1.3bn from GIC as Vinhomes prepares for Vietnam’s biggest ever share sale or IPO.

Vinhomes is the property arm oif Vingroup, a conglomerate. Property in hot in Vietnam especially in Ho Chi Minh City where Vinhomes is a big player.

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  1. This one I approve … although 2 years late… Hence may need to be prepared for losses & drawdowns in the short-to-medium term before reaping the 10-bagger gains.

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