Vietnam property developer Hung Thinh Land files for local IPO after $103m PE funding

Vietnamese property developer Hung Thinh Land, which raised $103 million in a funding round recently, has filed for an initial public offering (IPO) on the Ho Chi Minh City Stock Exchange (HOSE), the company said in a statement on Friday.

Hung Thinh Land said it submitted its IPO application to the State Securities Commission on July 19, while it expected to list in 2023. In Vietnam, publicly listing takes place within a year from the IPO date.

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