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.

A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia