Thursday 28 Mar 2024
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“This investment exemplifies the type of platinum brands and management teams KKR looks to work with in Southeast Asia.” — Ashish Shastry, co-head of private equity for KKR Asia Pacific & Head of Southeast Asia.

HANOI (June 16): A KKR-led consortium of investors, which includes Temasek Holdings, have invested 15.1 trillion Vietnamese dong (US$650 million or RM2.78 billion) for a 6% stake in Vietnam’s largest developer Vinhomes.

Vinhomes, listed on the Ho Chi Minh Stock Exchange, has a real estate portfolio across residential, commercial and industrial sectors.

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