Mori Trust Co., Ltd. acquired 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) for approximately THB 140 million on June 25, 2024. A cash consideration valued at THB 100 per share will be paid by MORI TRUST REIT, Inc to acquire 1.4 million shares. After the transaction Major Development Public Company Limited will hold 51% stake in MM Residences One Co., Ltd.

Mori Trust Co., Ltd. completed the acquisition of 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) on June 25, 2024.