SCR

TTC Land (SCR) plans to issue nearly 186 million shares to swap for a 43.2% stake in TTN, raising its ownership to 99.6% and consolidating VND 1,300 billion in assets. This move aims to combine SCR's land bank with TTN's established property management and high-occupancy rental portfolio to create a more stable, recurring cash flow model amid a restructuring real estate market.

TTC Land (SCR) is proposing a share issuance to swap for shares in Thanh Thanh Nam (TTN), aiming to expand its operating asset portfolio and increase stable rental income. The transaction would add over 42,000 m² of leasable space, boosting SCR's total portfolio to over 208,000 m², while integrating TTN's property management expertise to enhance operational efficiency.

TTC Land (SCR) plans to merge with Thanh Thanh Nam (TTN) by issuing shares to swap for TTN shares, aiming to acquire cash-generating assets in office leasing and diversify revenue streams. This strategic move is expected to enhance SCR's asset quality and long-term growth stability.