In particular, the “inaccurate” information that NLG refers to is the expectation that the Company will complete the transfer of 8.9 hectares of land to the Aeon Group this year, thereby generating revenue of over $50 million. The land in question is located in An Thanh, Ben Luc district, Long An province, on the Ring Road 4, belonging to the Waterpoint project, which is developed by Nam Long VCD, a subsidiary of NLG.

Inaccurate information was corrected by NLG

Source: NLG

Accordingly, NLG states that the above information is inaccurate and affirms: “We would like to emphasize that any information regarding our collaboration with partners (if any) will be officially announced through the Corporation’s official communication channels.”

Upper Jade

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