Thakral subsidiary to acquire property investment unit
It is acquiring the remaining 49% stake in Thakral Capital Australia from four vendors
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Singapore
MAINBOARD-LISTED Thakral Corporation and its wholly-owned subsidiary, Thakral Capital Holdings (TCH), on Thursday entered into a share sale agreement to acquire 49 per cent of Thakral Capital Australia (TCAP)'s share capital from four vendors.
TCAP is Thakral's real estate investment subsidiary. Currently, TCH owns 51 per cent of TCAP's share capital.
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