Capitaland increases stake in Vietnam affiliate in $17.9m deal

Capitaland increases stake in Vietnam affiliate in $17.9m deal

View of Ho Chi Minh City (Saigon) at night.

CapitaLand’s wholly-owned subsidiary, CLV Investment 5, has acquired an additional 20 per cent interest in Vietnam-incorporated CapitaLand-Thien Duc Company (CTD) for a cash consideration of $17.9 million.

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