Vinamilk shuts down its real estate company
HA NOI (VNS)— The Viet Nam Dairy Product Joint-Stock Company (Vinamilk) has announced the closure of its real estate and investment company.
This was disclosed in a letter sent to the State Securities Commission and the HCM City Stock Exchange on Monday by Vinamilk's general director Mai Kieu Lien.
Lien said the VND160 billion (US$7.6million) real estate company International Real Estate Investment One-Member Co Ltd was established as a Vinamilk subsidiary for real estate businesses such as those involved in the brokerage and leasing of real estate and warehouses in HCM City, in 2006. — VNS