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Business > Corporate News
Central Azucarera OK's land sale to Aboitiz unit
By Brix Lelis
Oct 12, 2023 12:16 am

LISTED sugar milling firm Central Azucarera de Tarlac said Wednesday that its board of directors had greenlit the proposed sale by a subsidiary of a 200-hectare property to Aboitiz-led Lima Land Inc.

In a disclosure, Central Azucarera said that wholly owned unit Luisita Land Corp. was selling the property, located in Tarlac City, but clarified that the transaction was still subject to closing conditions.

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