The Philippine Stock Exchange, Inc. (PSE) has approved the initial public offering of VistaREIT, Inc., the real estate investment trust of the Villar group, worth up to P9.18 billion to be conducted from May 30 to June 3, 2022. In a statement, the bourse said VistaREIT The company is expected to li
The Philippine Stock Exchange Inc. (PSE) has approved the initial public offering of VistaREIT Inc. (VREIT), the real estate investment trust (REIT) led by the Villar Group. The company, which will be listed under the stock symbol VREIT, will be offering up to 3.33 billion firm shares and up to…
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings (IPO) of VistaREIT, Inc. of up to P9.18 billion and of Raslag Corporation worth up to P700 million. The Commission En Banc has resolved to render effective the registration statements of VistaREIT and Ras
MANILA - The Securities and Exchange Commission (SEC) has considered favorably the initial public offerings (IPO) of VistaREIT, Inc. of up to PHP9.178 billion and of Raslag Corp. worth up to PHP700 million. In its meeting on May 5, the commission en banc resolved to render effective the registration statements of VistaREIT and Raslag covering 7.5 billion common shares and 1.5 million common shares, respectively, subject to the companies' compliance with certain remaining requirements. VistaREIT VistaREIT is a real estate investment trust (REIT) sponsored by Villar-led companies - Masterpiece Asia Properties, Inc., Manuela Corporation, Vista Residences, Inc., Crown Asia Properties, Inc., and Communities Pampanga, Inc. The company will offer up to 3,337,500,000 common shares at a price of up to PHP2.50 per share, with an over allotment option of up to 333,750,000 common shares. The shares, which are currently owned by the sponsors, will be listed and traded on the Main Board of the P