MANILA, Philippines – Property developer Sta. Lucia Land Inc. (SLI) has deferred a follow-on offering (FOO) or re-initial public offering of shares worth P8.4 billion, citing “volatile” market conditions. The decision to defer the FOO was made upon further consideration and extensive discussions between SLI and China Bank Capital, issue manager, underwriter and bookrunner, SLI...
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LISTED Sta. Lucia Land Inc. (SLI) announced on Friday that it recently opened its P500-million mixed-use development at Barangay Rizal, Silay City, Negros Occidental. In a filing with the local bourse, the listed property developer said that the 67-hectare (ha) La Alegria Residential Estates, which it described as the “Paris of Negros Occidental,” is the second project development o...
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STA. LUCIA Land, Inc. (SLI) continues to expand its land bank with the planned acquisition of more than 100,000 square meters (sq.m.) of land in provincial areas. In a disclosure to the stock exchange on Wednesday, the listed property developer said its board of directors has authorized the firm to acquire parcels of land spanning 74,490 sq.m. in Davao; 35,588 sq.m. in Zambales, 917 sq.m. in Ri...
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