The State Bank of Viet Nam’s branch in Khanh Hoa has asked credit institutions in the province to report on outstanding loans, payments and guarantees for real estate developer Hoang Quan relating to its stagnant social housing project HQC.
PYN Elite Fund (Non-UCITS), managed by Finnish PYN Fund Management Ltd,
has been actively buying shares in many real estate companies in Viet
Nam with an eye to the future.
Shareholders of Hoang Quan Consulting, Trading and Real Estate Services
Joint-Stock Co''s agreed last Saturday (March 28) on a plan to double the
company''s charter capital to VND4 trillion (US$190.4 million) this
year.
Hoang Quan Consulting Trading Service Real Estate Corporation (HQC)
announced it has ed three strategic investors, all domestic
construction companies, for a sale of 50 million shares.
