PropNex strikes master franchise deal in Vietnam

Published Tue, Aug 14, 2018 · 09:50 PM

Singapore

REAL estate agency PropNex has entered into a master franchise agreement with PropNex Realty (Vietnam) to grow its business in Vietnam.

The agreement will give Singapore-based PropNex a 25 per cent stake in the Vietnam franchisee for a nominal sum of US$1, the company announced on Tuesday during the mid-day trading break.