A Subsidiary under Warburg Pincus Invests US$200M in Vincom Retail

Pedaily.cn 29 May 2013
It was reported by Pedaily.cn on May 29 that Vingroup Joint Stock Company, Vietnam’s largest private real estate operator and one of the largest companies listed on Ho Chi Minh City Stock Exchange in terms of market capitalization, announced to raise US$200M from a consortium headed by a subsidiary affiliated to Warburg Pincus, with the aim of substantially expanding Vingroup’s retail real estate business, namely Vincom Retail.
Reportedly, Vincom Retail is composed of seven major assets worth of around US$1.1B. As Vietnam’s largest owner and operator of shopping centers, it owns and runs a series of shopping malls, including world-class shopping, entertainment and restaurant facilities. Warburg Pincus is a global leading PE investment company specializing in growth investments.
Source: http://www.pedaily.cn/Item.aspx?id=219342