SINGAPORE (Feb 11): APAC Realty said it is making headway in its Southeast Asia expansion plans.

In Indonesia, the group has partnered with current ERA Indonesia CEO, Darmadi Darmawangsa, and the management team, to fund the acquisition of the Indonesia country master franchise operations from its current shareholders.

In Thailand, the group has entered into a strategic cooperation agreement with Voradet Sivatachanon, CEO and Managing Director of Thailand’s master franchise operations, to collaborate on the growth and development of the real estate brokerage and franchise in Thailand.

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