Pi Group member to delay bond interest payment, cites ailing property market

Pi Group member to delay bond interest payment, cites ailing property market

Phuong Dong Land, a subsidiary of Ho Chi Minh City-based real estate developer Pi Group, has said it will delay bond interest payments of more than VND53.5 billion ($2.1 million).

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

Binh Duong high-rise apartment project raises capital without construction permit

Binh Duong high-rise apartment project raises capital without construction permit

A trade, office and high-rise apartment complex project of Pi Group in Binh Duong province, which borders Ho Chi Minh City, has received sales deposits although it has no construction permit or permission to open for sale.

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