LHN acquires Cambodian condominium block for US$12.5m
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Singapore
LHN is acquiring 108 freehold apartment units in Cambodia for US$12.5 million, the property developer said on Thursday.
The units comprise all the condominium units in Block 1A of Axis Residences (right), which is to be developed by the seller, Spring CJW Development. LHN intends to nominate its indirect wholly-owned subsidiary, LHN Cambodia, to hold the target units.
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