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Oxley announces sale of land in Vietnam for $28.3 mil

Lim Hui Jie
Lim Hui Jie8/15/2022 07:41 PM GMT+08  • 1 min read
Oxley announces sale of land in Vietnam for $28.3 mil
Photo credit: Oxley Holdings
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Property developer Oxley Holdings has announced a sale of land in Ho Chih Minh City, Vietnam for about VND480 billion ($28.3 million) via its associate, MK Thao Dien Project.

Oxley has a 36% interest in the associate, and a refundable deposit of VND47.5 billion had been received for the proposed transaction, which has an area of 2,952.22 square metres.

Upon signing a formal agreement for the transaction, VND144.5 billion will be received by MK Thao Dien Project. The remaining sum of the sale price will be received by the completion of the transaction.

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