(Bloomberg) Manuel Villar, the Philippines’ richest person, is seeking to raise up to 9.18 billion peso ($176 million) in the maiden share sale of a real estate investment trust that comprises some of his Vista Land & Lifescapes Inc. offices and shopping malls.
VistaREIT Inc.
Business tycoon Manuel Villar Jr. continues to expand his business empire, seeking once more to further grow his wealth through the country’s stock market with a P9.18-billion initial public offering of VistaREIT Inc..
Villar-led property developer Vista Land and Lifescapes Inc. has filed paperwork for the initial public offering (IPO) of its own real estate investment trust (REIT). Dubbed VistaREIT Inc., the company hopes to raise as much as P9.18 billion. It will offer up to 3.33 billion secondary common shares at a…
Eight out of 13 property developers have complied with the order by the Philippine Competition Commission (PCC) to open their properties to other internet service providers.
Philippine Competition Commission logo The eight compliant firms of the PCC’s Enforcement Advisory Letters (EALs) include
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