19 January 2023

Allen & Gledhill (Vietnam), as transaction counsel, advised Vard Vung Tau Ltd ("Vard Vung Tau"), a Vietnamese subsidiary of Vard Group AS, on the purchase of land use rights over a parcel of land with an estimated area of around two hectares and facilities attached to such land located in Dong Xuyen Industrial Park, Vung Tau City, Vietnam, from Southern Petroleum Construction Joint Stock Company.

Advising Vard Vung Tau was Allen & Gledhill (Vietnam) Partner Tran Thi Phuong Thao.

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