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.
Denne historien er fra September 21, 2024-utgaven av The Philippine Star.
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Denne historien er fra September 21, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
WHAT DO WE LOVE ABOUT J MALL?
We asked Cebu's most in-the-know locals and the country's globe-trotting tastemakers about their favorites from Cebu's hottest opening.
HENRY SY FOUNDATION EMPOWERS EDUCATION ADVANCEMENT WITH UNIVERSITY OF SAN CARLOS PARTNERSHIP
The Henry Sy Foundation, Inc. (HSFI) has extended support to the University of San Carlos (USC) as part of its Diamond Jubilee initiatives, furthering HSFI's commitment to empowering Filipino youth and fostering achievement.
J MALL: WHERE TRADITION MEETS INNOVATION
Central Visayas has seen the highest growth rate among the country's regions at 7.3%, and at its heart is Mandaue City, the industrial hub of the region, hosting around 10,000 industrial and commercial locators.
A NEW ERA OF URBAN RENEWAL
It is easier to tear old structures down and build a completely new one from the ground up, but SM Prime Holdings wasn't eyeing \"easy\" when they envisioned SM J Mall.
SPRINGTIME TOKYO IN CEBU
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KORINA SANCHEZ COMES FULL CIRCLE WITH 'FACE TO FACE'
If we're not mistaken, the award-winning broadcaster and producer currently has the most number of programs across different networks and platforms.
Jonathan Roumie of 'The Chosen' is coming to Phl
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Ely Buendia: Fame didn't mix well with me
OPM icon Ely Buendia marks a fresh chapter in his solo career with the release of his sophomore album, Method Adaptor, now available via Offshore Music and Sony Music Entertainment.
FOR DULCE, LOVE IS WORTHLESS IF YOU DON'T GIVE YOUR ALL
Dulce and I share a beautiful friendship for life. We know each other so well, which makes it difficult for me to sit down with her for a one-on-one interview.
P-pop girl group KAIA shares music advice from SB19
The members of the P-pop girl group KAIA are grateful for the support that they are getting from other P-pop groups, especially SB19.
