The Securities and Exchange Commission (SEC) has granted regulatory approval for two key transactions: the direct public offering (DPO) of Allied Care Experts (ACE) Medical Center – Pateros Inc. and the rental pool program of Arthaland Corp., a leading property developer.
ACE Pateros is set to offer 15,000 common shares, structured as 1,500 blocks of 10 shares each, with a maximum price of P1,000 per share. This DPO was registered under the SEC’s Securing and Expanding Capital for Hospital Entrepreneurs (SEC HOPES) program, an initiative designed to streamline registration for public offerings that fund hospital development projects. The approval marks a significant step in the company’s efforts to raise capital for its healthcare infrastructure goals through a simplified regulatory pathway tailored for the sector.
Concurrently, the SEC approved Arthaland’s rental pool program, which covers 166 consolidated leasing agreements under its consolidated leasing solution framework. These agreements include 142 units in a Cebu City property project and 24 units in a Taguig City development. The program was registered under the agency’s streamlined guidelines for Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT), a specialized regulatory window aimed at facilitating capital raising in the real estate sector. The approval formalizes the company’s structured leasing arrangement across its key projects in Visayas and Metro Manila.
