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Clark Devt Corp. remits P1.8-B cash dividends to national treasury

CLARK Development Corp. (CDC) remitted a total of P1.8 billion in cash dividends to the national government, posting another record figure for the state-run firm.

CDC President and Chief Executive Officer Agnes Devanadera presented the cheque for the remittance to Department of Finance (DoF) Secretary Ralph Recto at the Executive Tower, Finance Building, Roxas Boulevard in Malate.