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.
