The unit holders of the Tesco Lotus Retail Growth Freehold and Leasehold Property Fund (TLGF) have approved the proposed injection of five additional Tesco Lotus-anchored shopping malls into the Thailand-listed property fund.
The expansion was proposed on September 3rd and was given the green light at an extraordinary general meeting on October 5th, paving the way for the issuance and allocation of up to 650m new investment units on a public offering basis.
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