- Song Da Urban & Industrial Zone Investment & Development JSC (HOSE: SJS) is one of the leading real estate developers in Vietnam. Some of the company’s notable projects include the My Dinh–Me Tri Urban Area and the Nam An Khanh Urban Area.

- SJS started as a wholly State-owned member company of Song Da Holdings, but it was fully divested from Song Da Holdings in 2022. 

- The complete SOE divestment should allow SJS to have more flexibility in project implementation and better capital funding moving forward, in our view. 

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