On 17 January 2024, Pegasus Binh Dinh Investment and Consultancy JSC (“Pegasus”), part of KinderWorld Group of Companies, signed the royalty agreement to operate Dhawa Residences Beachfront Quy Nhon, Vietnam – a total of 55 villas, as part of Dhawa Quy Nhon with expected operational date in 2025. His Excellency Mr. Mai Phuong Dung, Ambassador of Vietnam to Singapore was the guest-of-honour for this event. The royalty agreement was co-signed by Mr. Ricky Tan (Chairman of KinderWorld) and Mr. Ho Kwon Ping (Chairman of Banyan Group).
Mr. Ricky Tan and Mr. Ho Kwon Ping with the signed Royalty Agreement
[L – R] Mr. Stefan Tan, Mr. Ricky Tan, Mrs. Carol Tan, H.E Mr. Mai Phuoc Dung, Ms. Claire Chiang, Mr. Ho Kwon Ping, Mr. Ho Ren Chun
Aiming to create an international tourist destination with beautiful landscape and architectural design, Dhawa Quy Nhon Vietnam will be managed by the global independent hospitality company Banyan Group – under its Dhawa brand. In 2023, Dhawa Resort Quy Nhon was awarded with the Best Resort Interior Design at the Asia Architecture & Design Awards. The resort design is praised for featuring distinct zones inspired by different aspects of Quy Nho’s cultural treasures, celebrating local culture which seamlessly blends with the natural surroundings, emphasizing the region’s rustic charms.
For more information, visit www.dhawa.com/residences.