(Nov 11): A developer of luxury homes in Vietnam is riding the country’s property boom and will seek a market value of about US$1 billion ($1.36 billion) after an IPO.

“We’re trying to go for an IPO in the next couple of years, and we wish to have a lot of Japanese strategic partners [on] financial and project development,” SonKim Land Corp CEO Andy Han Suk Jung says in Tokyo. “Our projects look very optimistic in the future” given the supply and demand situation, he adds.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW