मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Arthaland buys Cebu land parcels worth P2.5 billion for project use
Business World Philippines
|August 19, 2025
LISTED real estate developer Arthaland Corp., through its subsidiary Furusato Land Corp. (FLC), has acquired a 50% interest in 14 land parcels along Banilad Road in Cebu City valued at P2.5 billion for a planned project.
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"This transaction will be subject to the ratification of the corporation’s board of directors at its next meeting," Arthaland said in a regulatory filing on Monday.
Arthaland’s board approved the incorporation of FLC in May. The company also infused P500 million into FLC through a share subscription.
FLC serves as Arthaland’s project vehicle for acquiring property for the planned development. The company has yet to disclose details of the project.
यह कहानी Business World Philippines के August 19, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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