Sustainable development will be the foundation for restructuring and orienting its businesses, Novaland Investment Group Corporation told shareholders at its annual general meeting on Thursday.
Real estate developer Novaland Investment Group JSC has received investment of US$250 million from a consortium led by Warburg Pincus, which it plans to use to complete some important projects.
Novaland Investment Group Corporation has announced a net profit of over VND2 trillion for the second quarter of this year, a 71 per cent year-on-year increase.
Novaland Investment Group Joint Stock Company (Novaland) has successfully issued US$300 million worth of international convertible bonds without warrants or collateral to foreign investors.
Real estate developer Novaland Investment Group Corporation has reported consolidated revenues of nearly VND4.4 trillion for the first half of the year.
Giant property developer Novaland Investment Group Corporation (NVL) said it had achieved its annual target with after-tax profit rising to nearly VND3.4 trillion.
Novaland Investment Group Corporation has reported steady growth and a significant increase in consolidated net revenues in the first three quarters of this year.
Property developer Novaland Investment Group Corporation on Wednesday announced that it successfully listed its US$160 million offering of convertible bonds on the Singapore Exchange Limited last week.
Recent returns have shown that investments in pre-listing companies promise big gains for investors who make bets on the firms with impressive business results and clear listing plans.