News

Arthaland gets SEC nod to sell P3-billion green bonds

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 incorporates new unit

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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