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United Overseas Australia Commits AU$104.7M to Prime Ho Chi Minh City Land

2:11pm on Wednesday 16th of July, 2025 AEST Real Estate
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United Overseas Australia Commits AU$104.7M to Prime Ho Chi Minh City Land

2:11pm on Wednesday 16th of July, 2025 AEST
Key Points
  • Binding agreement to acquire 100% shares in VIAS Hong Ngoc Bao Joint Stock Company
  • Land parcel over 2,000 sqm in District 1, Ho Chi Minh City
  • Planned commercial office development with 20,160 sqm gross floor area
  • Acquisition valued at approximately AU$104.7 million, funded from reserves
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