Read this in The Manila Times digital edition.
SHAREHOLDERS of property developer Cebu Landmasters Inc. (CLI) have ratified the company's public offering of P5.0 billion worth of Series A preferred shares.
In a filing with the stock exchange, CLI said that its stockholders, in a special meeting on Wednesday, authorized the issuance of an initial 3.0 million preferred shares plus an oversubscription option of up to 2.0 million shares, at a price of P1,000 apiece.
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