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Frasers Property to acquire 75 per cent stake of Phu An Dien Real Estate JSC

Frasers Property Investment in Vietnam, a wholly-owned subsidiary of Frasers Property Limited has just agreed to acquire 75 per cent stake, equivalent to 45 million ordinary shares of Phu An Dien Real Estate JSC from Tran Thai Lands Company with an amount of $35 million.

Frasers Property becomes prevalent controller after acquiring 75 per cent stake in Phu An Khang

Frasers Property Investments, a wholly-owned subsidiary of Singapore-based Frasers Property has entered into a conditional share purchase agreement with Tran Thai Land to acquire 24 million ordinary shares of Phu An Khang.

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