FILRT stake offered to FLI shareholders

By Earl John Alfaro

Sep 26, 2024 12:25 am

PROPERTY developer Filinvest Land Inc. (FLI) on Wednesday said that its board had approved a voluntary tender offer to reacquire 1.866 billion common shares in exchange for Filinvest REIT Corp. (FILRT) shares.

FLI shareholders will get one FILRT share for every 3.11 FLI shares tendered.

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