In a stock exchange filing, ALI said it sold 75 million common shares of AREIT at P36.2 apiece under a placement agreement with UBS AG Singapore Branch and BPI Capital Corp.
ALI expects the proceeds from the block sale to be settled on Sept. 24, subject to the terms and conditions of the placement agreement.
"The transaction was multiple times oversubscribed, given the solid demand from high-quality, long-only institutional investors," the company said.
Esta historia es de la edición September 21, 2024 de The Philippine Star.
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Esta historia es de la edición September 21, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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Dylan Menor hopes to carve a place in showbiz
Dylan Menor, born Dylan Nabil Cosgayon Menor, is a 22-year-old Filipino singer and actor who is making his mark in the world of Philippine entertainment.
Julia Barretto's Viu series 'Secret Ingredient' wins at Cannes Corporate Media & TV Awards 2024
The Viu Original \"Secret Ingredient,\" a production bringing together characters from the Philippines, Indonesia, and South Korea, has received a Silver Dolphin trophy for Branded Content Videos and a Black Dolphin trophy for Best Cast/On-Camera Talent at the recently concluded Cannes Corporate Media & TV Awards 2024.
A musical, pulpy crime thriller, 'Emilia Pérez' swings for the fences
There is so much going on in \"Emilia Pérez,\" the audacious musical/melodrama/crime-thriller from filmmaker Jacques Audiard, it's impossible not to appreciate the sheer ambition of it all.
BEYOND THE GLITZ OF PHL SHOWBIZ'S BIGGEST HALLOWEEN PARTY
If no one is going to do it, rest assured Alist celebrity and event expert Mond Gutierrez will be the trailblazer who would step in to create a platform for personalities to inspire and be inspired to express themselves in one of the most enjoyable occasions of the year — Halloween.
5 PRACTICAL TIPS FOR BATHROOMS THAT SPARK JOY
Making necessary changes in our life can be scary or overwhelming at times, but it can also be a beautiful process. The same can be said about transforming your bathroom into a space that sparks joy in you.
HERE'S HOW TO SHOP GLOBAL WITHOUT TRAVELING
The Mother of All Bazaars, which ushers in the Christmas season, is happening tomorrow.
Klook contributes $7.2 B to Asia-Pacific tourism economy
Klook, Asia's leading platform for experiences and travel services, contributed approximately $7.2 billion in gross domestic product and supported over 219,000 jobs in Asia-Pacific in 2023, reaffirming its pivotal role as an economic engine in the region's tourism sector, according to a study conducted by Oxford Economics.
Korean Air increases Manila-Incheon flights
South Korea's flag carrier is increasing its flight volume between Manila and Incheon to enhance connectivity options and support travel demand along this corridor.
Bukidnon leads provinces in agri, fisheries output
Bukidnon led the provinces in 2023 in terms of the value of agricultural and fisheries production in 2023, accounting for at least six percent of the country's total output, the Philippine Statistics Authority (PSA) said.
Semirara targets 16 MMT coal production this year
Semirara Mining and Power Corp. (SMPC), the leading coal producer in the country, is hoping to end the year on a high note with a production target of 16 million metric tons (MMT).
