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Vista Land sets dividend rates for P5-B share sale
The Philippine Star
|September 07, 2024
Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, has set the dividend rates for its preferred shares offering of up to P5 billion.
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Vista Land is offering later this month up to 50 million Series 2 preferred shares at P100 apiece.
The dividend rate for the Series 2A is set at 7.9892 percent per annum, while Series 2B is at 8.4 percent.
"The proceeds of the offer shall be used to refinance existing indebtedness, purchase, develop, construct or improve assets, property or equipment and for general corporate purposes," Vista Land said.
Cette histoire est tirée de l'édition September 07, 2024 de The Philippine Star.
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