Tag: MREIT

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Megaworld to reinvest MREIT proceeds in townships

Corporate Context.ph Context.ph -
Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...

Megaworld reinvests P2.21B in MREIT projects

Corporate Context.ph Context.ph -
Megaworld Corp., the property arm of billionaire Andrew Tan, announced it will reinvest P2.21 billion into township development projects under its real estate investment trust (REIT) vehicle, MREIT Inc. The move follows the sale of 168.6 million MREIT common shares, averaging P13.28 per share, which generated the reinvestment proceeds.

Megaworld raises P2.24B from sale of MREIT shares

Property Context.ph Context.ph -
Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.
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Gun fire shots heard at Senate

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Live broadcasts within the Senate building showed commotion within the second floor, with gun shots heard and uniformed personnel armed with long fire arms and clad in bulletproof vests trying to secure the area. It remains unclear what happened, with security personnel refusing to reply to media queries.

PH signs fisheries cooperation deals with PNG, Marshall Islands

Agriculture 0
The Department of Agriculture (Philippines) and Bureau of Fisheries and Aquatic Resources have signed new agreements with Papua New Guinea and the Marshall Islands to strengthen cooperation in the fisheries sector.

PH lifts ban on poultry imports from California

Agriculture 0
The Department of Agriculture (DA) has lifted the ban on poultry and poultry products from California in the United States.

Canada joins Luzon Economic Corridor partnership  

Trade & Investments 0
The Philippines showcased significant progress in legal and regulatory reforms during the Luzon Economic Corridor (LEC) Steering Committee meeting on May 12, highlighting efforts to create a transparent, competitive, and investment-friendly business environment.

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