Full legality helps Malaysia’s Gamuda make wholesome realty gains in Vietnam

Full legality helps Malaysia’s Gamuda make wholesome realty gains in Vietnam

Amidst Vietnam’s real estate relative stagnation in 2022-2023, Malaysia’s Gamuda Berhad has managed to buck the trend, earning big revenues and starting work on big projects.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam becomes biggest overseas market for Malaysia giant Gamuda Land

Vietnam becomes biggest overseas market for Malaysia giant Gamuda Land

Gamuda Land, the realty arm of Malaysian infrastructure giant Gamuda, recorded overseas sales of RM2 billion ($424.8 million) in fiscal year 2023 (ending July 2023), with Vietnam accounting for the biggest portion at 76%.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Malaysia’s Gamuda to spend $316 mln on Vietnam real estate project acquisition

Malaysia’s Gamuda to spend $316 mln on Vietnam real estate project acquisition

Gamuda Land, the property arm of Malaysia’s Gamuda Berhad, will spend VND7.2 trillion ($315.8 million) to acquire 100% of equity in Vietnam’s Tam Luc Real Estate Corporation.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

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