In a stock exchange filing, RLC submitted its amended reinvestment plan from the proceeds from an earlier sale of RL Commercial REIT Inc. (RCR) shares.
The amended reinvestment plan outlines the adjustments in the order of priority of projects in building and property development as well as covers different projects lined-up for RLC.
Under the amended reinvestment plan, the projected disbursements for RLX Taytay, RLX San Fernando, RLX Calamba, RLX Montclair, Bridgetowne, Sierra Valley and Montclair were reduced.
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