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Ananda Development PCL Joins with Mitsui Fudosan Co Ltd to Develop Condominiums- Thai News Service

Wednesday, 4 Sep 2013 08:00pm EDT 

Thai News Service reported that Ananda Development PCL is counting on its tie-up with Mitsui Fudosan Co Ltd, to help strengthen its leadership in condominiums along Bangkok's mass transit routes, the Bangkok Post reports. Ananda and Mitsui Fudosan have signed an agreement to set up Ananda MF Asia Co, with initial capital of THB 1.8 billion. Ananda MF Asia will develop at least two real estate projects a year worth a combined THB 10 billion. Mitsui Fudosan and Ananda each own 49% of the joint venture and individual investors the rest. 

Company Quote

1 Jul 2015