Vietnamese real estate developer Hoang Anh Gia Lai
Co (HAG) and Singapore-based Rowsley Ltd, which is partly owned by
billionaire Peter Lim, decided to call off their agreement to build a
US$550-million mixed-use development in Yangon, Myanmar, the two
companies told media.
The Hoang Anh Gia Lai Joint Stock Company (HAGL) has entered a joint
venture (JV) with real-estate and investment firm Rowsley Ltd. for
developing a mixed-use project in Yangon, Myanmar.