Singapore's Frasers Property to acquire 75% stake in Vietnamese realty firm PAD

Singapore's Frasers Property to acquire 75% stake in Vietnamese realty firm PAD

Ho Chi Minh City, Vietnam. Photo: Pixabay

SGX-listed Frasers Property has announced that it will buy 75 per cent stake in Ho Chi Minh City-based Phu An Dien Real Estate Joint Stock Company (PAD) for VND799 billion ($34.3 million), according to a disclosure on the Singapore Exchange.

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