SIP [BUY +34.7%] - Recurring income growth to drive earnings stability - Update
We cut our target price (TP) for SIP by 17% to VND85,000/share but upgrade our rating to BUY from OUTPERFORM as SIP’s share price has declined ~27%...
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Saigon VRG Investment (SIP VN)
Saigon VRG Investment (SIP VN)
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Analysis
Real Estate • Vietnam
Saigon VRG Investment Corporation specializes in the development and construction of industrial parks, residential areas, and commercial centers. The company provides industrial land, ready-built factories, and warehouses for lease, alongside utility services like electricity and water distribution. Saigon VRG Investment Corporation was incorporated in 2007 and is headquartered in Ho Chi Minh City, Vietnam.
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