Vingroup gets US$1.3 billion from Singaporean firm
Friday, April 20,2018AsemconnectVietnam - Vietnamese firm Vingroup has raised around US$1.3 billion from selling shares in two of its subsidiaries to Singapore’s GIC Private Limited and through a loan, also from the sovereign wealth fund, said the Vietnamese company in a statement on April 17.
One of the subsidiaries is the high-end residential property developer Vinhomes, according to Vingroup, which did not name the other unit, news website VnExpress reports.
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