Oxley Holdings completes sale of Phu Thinh Land

The group will receive approximately $11.5 m.

Oxley Holdings Limited has announced in a bourse filing on 8 September 2025, the completion of the sale of the entire capital of Phu Thinh Land Co.

The group initially had an effective stake of 80% in Phu Thinh Land. It subsequently reduced to 18% over the years.

The group will receive $11.5m (VND240b) from the sale proceeds. According to Oxley, the completion of the sale is not expected to have any material impact on the net tangible assets or earnings of the company for the financial year ending 30 June 2026.

With the sale now completed, the group has ceased to have any interest in Phu Thinh Land.

Oxley said none of its directors or controlling shareholders of the company has any interest, directly or indirectly, in the sale, save through their shareholding in the company, if any.