Last weekend, Nam Long Group (NLG) and two top Japanese investors Hankyu Realty and Nishi Nippon Railroad signed an agreement to co-develop Fuji Residence in District 9, HCMC. In accordance, these two foreign investors will buy 50pct of stake of NLG from its subsidiary ASPL-PLB-Nam Long, and share the project development costs with NLG following this ratio.
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