The housing developer Quality Houses Plc and its shareholder Land and Houses Plc are in talks to sell their combined 49.98% stake in the building materials retailer Home Product Center Plc to foreign investors.
"We have been in talks with several foreign partners. The timing will depend on when we can conclude the negotiations," Quality Houses (QH) president Rutt Phanijphand told Reuters yesterday.
"We want to sell the entire stake if the price is attractive."
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