Gamuda Land acquires prime space in Vietnam


PETALING JAYA: Gamuda Land Sdn Bhd, the property arm of Gamuda Bhd, has acquired 9.1-acres of prime land in Ho Chi Minh City (HCMC), Vietnam, for RM1.47bil.

In a filing with Bursa Malaysia, Gamuda said the land will be developed into a mixed-use development and have a projected gross development value (GDV) of US$1.1bil (RM5bil).

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