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Liu Chong Hing Investment to acquire Choengmon Real Estate from Nye Estate and SBPS Mauritius for $79m.

Synopsis

Liu Chong Hing Investment, an investment holding company principally engaged in property development, agreed to acquire Choengmon Real Estate, a hotels and resort hotels companies provider In Thailand, from Nye Estate and SBPS Mauritius for $79m. As one or more of the applicable percentage ratios in respect of the acquisition exceed 5%.

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