FLC implements $1bn investment, eyes Singapore listing

FLC implements $1bn investment, eyes Singapore listing

FLC Group chairman speaks at the company's shareholder meeting

Vietnamese property developer FLC Group is executing a spate of realty projects with a total investment capital of $1 billion. Some of these projects will be opened for sale from the first quarter, and may translate into increased revenue and profit for the company this year, that is forecast to reach VND5.5 trillion ($255.8 million) and VND1.16 trillion ($54 million), respectively, both increasing by 2.5 times when compared to the same period a year earlier.

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