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Vietnam's Son Kim Land raises US$121M in equity financing round

Son Kim Investments' Son Kim Land subsidiary raised US$121 million in its third equity financing round, DealStreetAsia reported.

The Vietnamese property developer raised the capital from a consortium led by EXS Capital, ACA Investments Pte. Ltd. and Credit Suisse Group AG. Real estate investment firm Skymont Capital also participated in the fundraising round.

Son Kim Land will use proceeds from the fundraising to finance its development pipeline in Vietnam, the Aug. 2 report added.