Joining us youre watching the weekly here on our teams in. The mask a state media reporting that the syrian army has begun moving to the north of the country thats where turkeys carrying out an offensive against the kurds. Has details. Were just receiving reports that the Kurdish Administration and the Syrian Government have signed an agreement that will see the syrian Army Deployed along the whole border with turkey nasr in state media is reporting that the Syrian Army Forces are making their way to the north of the country in an effort to stage off what they call an offensive by turkey on syrian territory at the same time were hearing from live in this television reporting that some of the Syrian Forces have a really interesting in more than just the in town of money bish and that they were able to do so because kurdish fighters simply let them pass through their checkpoints Lebanese Television also reporting that damascus and the kurdish that Syrian Democratic forces have signed an
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.