Abstract:
Boulevard Holdings, Inc. on tuesday said that it will get an upfront cash of P1.3 billion from Ayala Land Inc. for the purchase of part of its tracts of land in Ternate, Cavite and the remaining will be payable in the next 18 years.
J. Marcel Panlilio, Boulevard's Chairman and chief executive officer, said it sold part of the company's land for P2.4 billion. He did not give details for the acquisition.
Info
| Source Institution | Securities and Exchange Commission |
| Source URL | http://www.sec.gov.ph/aboutsec/SEC%20News/SEC%20News%20031914.pdf |
| Page Count | 11 |
| Place of Publication | Mandaluyong City |
| Original Publication Date | March 19, 2014 |
| Tags | Newsletter |