(VOVWORLD) - A group of investors led by US-based private equity firm KKR and Temasek Holdings of Singapore has invested 650 million USD in Vinhomes Joint Stock Company.
 An apartment complex of Vinhomes (Photo: Vinhomes) |
Ashish Shastry, co-head of Private Equity for KKR Asia Pacific and Head of Southeast Asia, said the investment exemplifies the type of platinum brands and management teams KKR looks to work with in Southeast Asia.
The investment demonstrates trust in Vinhomes and the attractiveness of the Vietnamese market, said Nguyen Dieu Linh, Vinhomes’ chairwoman.
Vinhomes is a subsidiary of Vingroup, which is listed on the Ho Chi Minh Stock Exchange. Vinhomes develops and sells residential, commercial, and industrial real estate, and provides real estate management and related services.