Friday, September 20 2019


Real estate firm teams up with Indonesian bank

Update: March, 28/2013 - 10:25

HCM CITY (VNS)— Property developer Hoa Binh (HBC) and PT Nikko Securities Indonesia, a member of the Sumitomo Mitsui Banking Group, agreed on Tuesday that the Vietnamese real estate company would issued 10 million shares at VND20,681 (nearly US$1) to the Jakarta-based investment banking firm.

The issuance is expected to be finished by Sunday.

HBC shares lost 1.1 per cent to VND17,400 ($0.8) yesterday. — VNS

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