In early September 2025, Amata VN approved the transfer of 51% of its shares in two subsidiaries that own the Amata Long Thanh Service Urban Area project to the joint venture Nova Rivergate and Rồng Trading and Investment JSC for approximately 1.176 trillion VND. This divestment comes as the project is under scrutiny by the Government Inspectorate. Amata VN aims to boost liquidity and focus on long-term strategies, with Nova Rivergate being a member of Novaland. Amata VN’s financial results show an 18% revenue decline in H1 2025, affecting net profits as well. Despite the financial challenges, Amata VN continues to make strategic investments, including expanding in industrial zones and solar energy collaboration. Conversely, its parent, Amata Corporation PCL in Thailand, reports a 6% revenue increase and a 39% rise in net profit.
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