Arthaland eyes P6B from share offering

By Brix Lelis

Apr 13, 2024 12:19 am

LISTED real estate firm Arthaland Corp. is looking to strengthen its capital structure with a planned public offering of up to P6.0 billion worth of preferred shares.

The board authorized the sale of up to 4.0 million preferred shares, with an oversubscription option of up to 2.0 million, at a price of P500 each, Arthaland told the stock exchange on Friday.

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