With a total floor area of over 106,000 square meters, the tower offers premium A+ office spaces and a shopping mall, attracting multinational corporations and major financial institutions. It is estimated that around 10,000 professionals will be working in this vibrant hub.
The Saigon Marina IFC Tower, also known as Marina Central Tower, was inaugurated on August 19, 2025.
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Developed by Capitaland Tower Company Limited, Saigon Marina IFC is a landmark project. As of the end of June 2024, the company’s total assets amounted to 18,475 billion VND, with liabilities totaling 17,676 billion VND.
According to our sources, there has been a recent change in the company’s capital contributors. Prior to this change, the company had a charter capital of 2,020 billion VND, with three individuals contributing capital: Mr. Luong Phan Son holding 95%, and Mr. Nguyen Manh Kien and Mr. Nguyen Tan Hung, each with a 2.5% stake.
However, the company’s capital saw a significant surge to 22,520 billion VND with the entrance of a new major investor, Ms. Le Thi Huyen Linh from Hanoi, who invested 20.5 trillion VND, acquiring a 91.03% stake. Consequently, the ownership percentages of the other three individuals decreased, with Mr. Son holding 8.522%, and Mr. Kien and Mr. Hung each at 0.224%.
The company is currently legally represented by Mr. Son, Chairman of the Members’ Council, and Mr. Nguyen Diep Anh, General Director.
This is not the first time that the ownership of the third-tallest financial tower in Ho Chi Minh City has changed hands. Previously, the company was wholly foreign-owned. In November 2023, Mr. Son acquired a 95% stake, and by March 2024, the company was entirely domestically owned, and the project was vigorously developed under the name Marina Central Tower.
According to the Hanoi Stock Exchange (HNX), Capitaland Tower has four bond lots, from CPLCB2328001 to 004, all issued on July 25, 2023, with a term of 60 months and a maturity date of July 25, 2028. These bonds carry an interest rate of just 1% per annum, and their total face value is nearly 12,240 billion VND. At the time of issuance, the bonds were secured by the company’s entire charter capital of 2,070 billion VND, the right to use land and future assets attached to the land of the The Sun project, all movable property and financial rights arising from and related to the The Sun project, and additional and/or substitute assets (if necessary) belonging to Capitaland Tower and/or third parties.
Mr. Luong Phan Son and the Vincom Retail Deal
 Marina Central Tower’s Owner, Capitaland Tower, Reports Negative Capital of Nearly VND 800 Billion
– 12:08, August 19, 2025
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