Arthaland to inject P45M in subsidiary

By Brix Lelis

Mar 22, 2024 12:29 am

REAL estate developer Arthaland Corp. said Thursday it planned to infuse P45 million in subsidiary Bhavya Properties Inc. to help finance an ongoing residential development in Makati City.

This followed board approval for the company's subscription to up to 450,000 preferred shares of Bhavya at a price of P100 each, Arthaland told the stock exchange on Thursday.

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