SEC approves P15.46 B AREIT, ALI asset-for-equity swap : vim

SEC approves P15.46 B AREIT, ALI asset-for-equity swap

The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc.
In a disclosure to the Philippine Stock Exchange, AREIT said the SEC h

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