Gamuda Land, a property arm of Malaysian Gamuda Bhd, is continuing to expand its portfolio in Vietnam by acquiring a third project in Ho Chi Minh City after two acquisitions done last year.
The New Strait Times on July 20 said that Gamuda Land has signed a share transfer agreement to acquire Tam Luc Real Estate Corporation, which owns a 3.68 hectare project site in Thu Duc City in Ho Chi Minh City, Vietnam, for $315.8 million.