PHAT DAT COMPLETES VND 900 BILLION DEPOSIT PAYMENT UNDER MOU WITH LOTTE
Ho Chi Minh City, May 28, 2026 – Phat Dat Real Estate Development Corporation (PDR: HOSE) announces that it has officially completed the transfer of a VND 900 billion deposit in accordance with the terms agreed upon in the Memorandum of Understanding (MoU) between PDR and Lotte Properties HCMC Co., Ltd., related to the Thu Thiem Eco Smart City project.
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In the first nine months of 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE) recorded consolidated pre-tax profit of VND 662.7 billion, up 134.6% year-on-year. After-tax profit reached VND 231.7 billion, up 15.1%. These results reflect the impact of the Company's investment portfolio restructuring as it focuses its resources on strategic projects.
On October 30, 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE), in coordination with Firefighting and Rescue Team No. 3, held a fire prevention, firefighting, and rescue drill at Phat Dat Building, No. 39 Pham Ngoc Thach Street, Xuan Hoa Ward, HCMC. The drill is part of the Company's regular efforts to ensure fire safety at the building and in the surrounding area.
Located in the heart of Thu Thiem, Lotte Eco Smart City Thu Thiem is expected to become an architectural landmark and a modern mixed-use development, helping shape HCMC’s emerging administrative and financial center.
Following the successful Construction Commencement Ceremony of Lotte Eco Smart City Thu Thiem on October 23, 2026, Lotte Properties HCMC Co., Ltd. and Phat Dat Real Estate Development Corporation (PDR: HOSE) extend their sincere appreciation to distinguished leaders, valued partners, honored guests, and members of the media whose presence and support contributed to this significant mileston
HCMC, October 23, 2026 – Lotte and Phat Dat Real Estate Development Corporation (PDR: HOSE) officially commence construction of Lotte Eco Smart City Thu Thiem in Functional Zone 2A of Thu Thiem New Urban Area. The ceremony marks a major milestone in the project’s development and another step forward in the strategic partnership between Lotte and Phat Dat.
Lotte (Shopping, Hotel, E&C from South Korea) and Phat Dat Real Estate Development Corporation (PDR: HOSE) will jointly commence construction of the residential component and the commercial-service component integrated with office space at Lotte Eco Smart City Thu Thiem on October 23, 2026. The project is developed by LOTTE Properties HCMC Co., Ltd.
As of October 2026, construction continues across La Pura's various components, with several new milestones reached. Progress is as follows:
