Vietnam: Singapore's Keppel Land buys out Saigon Sports City

Source: Saigon Sports City's Homepage

Singapore-based developer Keppel Land  has, through its wholly-owned subsidiary Oil (Asia) Pte Limited, acquired the remaining 10 per cent stake in Jencity Limited, which holds Saigon Sports City, for approximately $11.4 million.

Following the acquisition, Keppel Land will hold 100 per cent interest in Saigon Sports City, thus consolidating its full ownership of the township.

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