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Frasers Property Thailand acquires over 2,400 rai in Chonburi to establish a new industrial estate

Frasers Property (Thailand) Public Company Limited, or "FPT" has entered into a proposed sale and purchase agreement to acquire all of the shares in Nong Suea Chang Chonburi Company Limited, a company with landholdings of over 2,400 rai (384 hectares) in Nong Yai District, Chonburi Province, for a purchase consideration of THB 3,795 million. This strategic acquisition expands FPT's industrial and logistics footprint in Thailand's Eastern Economic Corridor (EEC) a key hub in attracting global

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