CapitaLand forms wholly-owned Vietnam subsidiary

It will provide real estate consultancy and management.

CapitaLand adds to the roster of subsidiaries it is forming with the establishment of wholly-owned CapitaLand Property Consultancy Company Limited.

According to an announcement, the company will be incorporated in Vietnam to provide real estate consultancy and management services.

It has a charter capital of $271,700 (US$200,000).

The subsidiary is not expected to affect company performance for the financial year.

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