It will subscribe for 3 million Redeemable Preferred Shares (RPS) in Agathis One Ltd.
Proceeds from the RPS will be used by Agathis to invest in a proposed joint venture development project on a 25.6 acre land area in Tambon Bang Kaew, Ampur Bang Phi, Samutprakam Province, Thailand.
The investment will enable Mutiara Goodyear to participate in a potential high growth area in Bangkok, Thailand
By Business Times
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