ArthaLand Sets Eye on Cebu

Taguig—(PHStocks)—ArthaLand Corp. (PSE: ALCO) recently incorporated Cebu Lavana Land Corp. and subscribed to 499,995 common shares thereof at PhP100.00 per share.

This wholly-owned subsidiary is the vehicle ALCO used to acquire two parcels of adjacent land in Cebu City, Philippines with a total area of 8,440 square meters.

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