GOTIANUN-LED property developer Filinvest Land Inc. (FLI) said Thursday it was dissolving two nonoperating subsidiaries to streamline its corporate structure.

In a disclosure to the stock exchange, FLI said it submitted, to the Securities and Exchange Commission, applications for the dissolution of LeisurePro Inc. and Filinvest Lifemalls Mimosa Inc. by shortening their corporate terms.

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