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Frasers Property, parent to acquire more shares in Ticon

This allows the group to extend its presence in Thai industrial and logistics market


A JOINT venture between Frasers Property and its parent TCC Group has agreed to acquire 26.1 per cent interest in Ticon Industrial Connection Public Company for 8.57 billion baht (S$359 million) or 17.90 Thai baht per share.

Frasers Property has an existing 40.95 per cent

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