Thakral increases its stake in an Indian real estate company to over 95% | Lianhe Zaobao
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Thakral Corporation plans to increase its stake in the Indian real estate company TIL by 93.9 million yuan through its wholly-owned subsidiary Paramount, raising its ownership to 95.28% upon completion. The transaction has been agreed upon with companies such as Thakral Investments Holdings. Thakral stated that the Indian real estate market is rapidly developing, with rising demand, and it will increase investments in new markets to complement existing investments
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