By cbs welcome to cbs this jirk welcome to cbs this morning. Norah and i are in vatican city today. Were on the eve of history. The first time any of us have ever watched a living pope succeeded. 115 gathering today before they begin their conclave. Thats when theyll start the voting to pick the next leader of more than 1 billion company man catholics. Allen pizzey, good morning. Reporter good morning. The list of potential winners is long rather than limited, and they come from four different continents. The cardinals filed into the vatican to meet one last time as a group before theyre locked into the cone of silence in what is the conclave. The mood was summed up by this cardinal. Surely you jest. Reporter the list among them is the longest vatican watchers can remember with no clear favorites facing off. Theyre the biggest voting bloc after the italians who have 28. On sunday many preached at their titular roman churches. The most important thing all of us can do right now is simpl
The 83-page report, which was issued by the committee late last month and released to the public on Thursday, cites fraud in the manner in which most of the properties ended up in the hands of.
Ayala Land to issue over 609-M common shares for merger with subsidiaries
May 4, 2021 | 12:07 am
Of the total shares issued, 491,306,375 shares will be treated as treasury shares.
Cebu Holdings, along with Asian I-Office Properties, Inc., Arca South Commercial Ventures Corp., and Central Block Developers, Inc., will be absorbed by Ayala Land through the merger.
Ayala Land has a 71.13% stake in Cebu Holdings. The company will issue 0.19 common shares for each of Cebu Holdings’ issued and outstanding shares, which means Ayala Land will issue a total of 409,783,760 common shares to the firm.
Wholly owned Cebu Holdings subsidiary Asian I-Office Properties is also part of the merger and will receive 3.29 Ayala Land common shares for every share. The transaction will total 22,244,841 of Ayala Land common shares.