- We suspend our rating on Novaland (NVL) as we are unable to determine a target price due to insufficient fundamental information amid the current restructuring of the company’s operations and financing arrangements.

- Our last target price was VND75,000/share and our last rating was MARKET PERFORM, as published in our update report on August 31, 2022.

- Our previous forecasts and recommendation on the stock are no longer in effect and should not be relied upon. 

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