On August 1, 2025, Savico, a subsidiary of Tasco, completed the transfer of its equity stake in the Luxury Residential Area project in Can Gio to CTCP Infrastructure Gelex for 619.44 billion VND. The project covers an area of 29.83 hectares, located in Can Gio, Ho Chi Minh City, and was auctioned publicly by Vạn Thành An Auction Company. Tasco stated that this divestment is part of its strategy to restructure its real estate portfolio, focusing on core business activities in 2025. The collaboration between Savico and Fideco (each holding a 50% stake) is still pending legal completion and is expected to provide various housing types, including commercial townhouses, villas, and resettlement houses.
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