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COMMERCIAL PROPERTY | , Singapore
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Frasers Centrepoint boosts its stakes in Thailand's Ticon to 40.19%

Purchase consideration of additional shares is around $1.1m.

Singapore-listed property developer Frasers Centrepoint will further boost its stakes in Thai industrial property developer Ticon Industrial Connection Public Company Limited.

The group will be purchasing 659,300 more shares in Ticon, upping its stakes from 40.07% to 40.19%.
 

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