Savya Financial Center, was recently unveiled with His Excellency President Ferdinand R. Marcos Jr. leading the ribbon-cutting ceremony. During his keynote speech, the President said this new financial hub is a welcome space for small and medium local enterprises, to find and create meaningful opportunities for their businesses. Built in partnership between Arthaland, Esquire Financing Inc. and...
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Arthaland Corp., the property development company led by the Po family, said it has secured the permit to sell its P3-billion Asean Green Bonds from the Securities and Exchange Commission (SEC). The company’s Asean Green Bonds, some P2 billion of which is its primary offering and P1 billion is for oversubscription option, carry a coupon rate of 6.3517 percent per annum payable quarterly i...
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ARTHALAND Corp. has started its offer for up to P3-billion ASEAN green bonds after obtaining its permit to sell from the Securities and Exchange Commission (SEC). In a disclosure to the stock exchange Wednesday, the niche property developer said it had started its offer period yesterday, which will last until Jan. 28. The offer covers P2-billion ASEAN green bonds with an oversubscription option...
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ARTHALAND Corp. is eyeing to complete P60-billion worth of projects within the next two years as it fills its pipeline with new development projects in Makati City, Cebu City and Biñan, Laguna. The niche property developer said in a briefing in Taguig City yesterday it is looking to launch at least one high-end residential project within the Makati central business district within the ye...
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ARTHALAND Corp. has subscribed to P12.5 million worth of shares in its newly incorporated joint venture firm with Japanese partner Mitsubishi Estate Co., Ltd. In a disclosure to the stock exchange on Tuesday, the niche property developer said it incorporated Kashtha Holdings, Inc., after which it subscribed to 12.5 million shares worth P1 each. Arthaland earlier disclosed that its joint vent...
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ArthaLand Corporation (ALCO) recently signed an agreement with Mitsubishi Estate Company, Ltd. (MEC), which is one of the largest real estate developers in Japan. This agreement will be Mitsubishi Estate’s first venture in the Philippines. Mitsubishi Estate is acquiring from ALCO a 40% stake in ALCO’s ownership of Savya Land Development Corporation, which is developing the Savya...
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