Property developer’s bond issuance canceled following false information submission

Property developer’s bond issuance canceled following false information submission

The State Securities Commission (SSC) has decided to cancel nine separate bond issuances worth over 10 trillion VND (over 437 million USD) by subsidiaries of property developer Tan Hoang Minh Group because they submitted false information.
Real estate developer rejects Thu Thiem land plot

Real estate developer rejects Thu Thiem land plot

Real estate developer Binh Minh Investment and Trading Company Limited has rejected the purchase of land at Thu Thiem New Urban Area, Thu Duc City, despite initially winning the bid for it at auction. The move comes after Tan Hoang Minh Group earlier also did not go through with a planned purchase.
Tan Hoang Minh auction exit shines light on transactions

Tan Hoang Minh auction exit shines light on transactions

The case of Tan Hoang Minh Group suddenly dropping a deposit of $26 million from land plots in Thu Thiem New Urban Area could profoundly impact the real estate market as well as the law related to such auctions.
Assessing framework holes in wake of Thu Thiem auction

Assessing framework holes in wake of Thu Thiem auction

The controversial exit by Tan Hoang Minh Group from an auction for land in Thu Thiem New Urban Area has raised doubts on legal regulations for such events.
Divisive urban proposal

Divisive urban proposal

Public opinion is divided on the feasibility of a proposal submitted by Tan Hoang Minh Group to become a new investor in the Binh Quoi-Thanh Da Urban Area project, the second-largest urban development project in Ho Chi Minh City.