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Phat Dat settles $22.5 million foreign loan


Phat Dat settles $22.5 million foreign loan
14:34 | 10/05/2021
Ho Chi Minh City-based developer Phat Dat has demonstrated its high commitment and strong financial stead with the prompt settlement of $22.5 million foreign loans.
The timely settlement of the loan reflects Phat Dat s prestige and commitment to domestic and foreign investors
The announcement on May 4 by Phat Dat Real Estate Development Corporation (HSX: PDR) follows the company’s impressive business results in the first quarter, especially the early redemption of all bonds issued in 2019.
Phat Dat took out a loan of $22.5 million in April 2019 from Samty Asia Investment Pte., Ltd., a subsidiary of Samty Corporation and a Japanese leading real estate enterprise via Vietnam New Urban Centre LP Fund. The capital was used to finance the company’s projects, especially those in Ho Chi Minh City. ....

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Phat Dat Real Estate might be added to the FTSE ETF portfolio with restructuring


Phat Dat Real Estate might be added to the FTSE ETF portfolio with restructuring
08:00 | 08/02/2021
Phat Dat Real Estate could appear in two major ETF portfolios in March
Two ETFs Vaneck Vectors Vietnam ETF (VNM ETF) and DB x-trackers FTSE Vietnam UCITS ETF (FTSE ETF) will restructure their portfolios by March 22.
Based on the price data at the closing of the trading day on February 3, Phat Dat Real Estate (HSX: PDR) shares may be added to the FTSE ETF s portfolio with a weight of about 1.7 per cent corresponding to about 2.6 million purchased shares, according to Bao Viet Securities Company (BVSC).
Data from the Ho Chi Minh City Stock Exchange revealed that PDR s average capitalisation in the second half of 2020 was over VND14.7 trillion ($639.13 million), ranking 31st in the whole market. ....

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Vinhomes to cooperate with Samty corporation in development of the Sakura project - Brand-info - Vietnam News | Politics, Business, Economy, Society, Life, Sports


At the end of December 2020, Vinhomes Joint Stock Company signed a partnership agreement on development of The Sakura - Vinhomes Smart City (Ha Noi) project with Samty Corporation, the leading Japanese Real Estate Group. The partnership of the two leading real estate brands promises to set a new standard of living in Vinhomes Smart City in particular and the real estate market in Viet Nam in general.
Accordingly, the two sides will join hands for the development of The Sakura project in Vinhomes Smart City (Ha Noi) to provide residents with a delicate and distinct Japanese living space and standard. Inspired by the cherry blossoms that represent good qualities of Japanese people and an important symbol of the identity of Japan, The Sakura is an ideal place to live for the growing Japanese community in Viet Nam and those who love Japanese culture and lifestyle. ....

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