+ Follow ARCH ASIA PROPERTY FUND Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 380662
[Title] => Ayala sells 23% stake in S’pore firm
[Summary] =>
Ayala International Holdings Ltd. (AIHL) has sold its 23.3-percent interest in Hermill Investments Pte Ltd. to the Singapore-based Hotel Properties Ltd. (HPL) for $47 million (about P1.5 billion).
AIHL is a 100 percent-owned subsidiary of Ayala International Pte. Ltd. which, in turn, is a 100-percent-owned subsidiary of Ayala Corp.
On the other hand, HPL currently owns 59 percent of Hermill, the holding company for The Forum Shopping Mall, a 17-story retail-cum-office development along Orchard Road in Singapore.
[DatePublished] => 2007-01-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
ARCH ASIA PROPERTY FUND
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 380662
[Title] => Ayala sells 23% stake in S’pore firm
[Summary] =>
Ayala International Holdings Ltd. (AIHL) has sold its 23.3-percent interest in Hermill Investments Pte Ltd. to the Singapore-based Hotel Properties Ltd. (HPL) for $47 million (about P1.5 billion).
AIHL is a 100 percent-owned subsidiary of Ayala International Pte. Ltd. which, in turn, is a 100-percent-owned subsidiary of Ayala Corp.
On the other hand, HPL currently owns 59 percent of Hermill, the holding company for The Forum Shopping Mall, a 17-story retail-cum-office development along Orchard Road in Singapore.
[DatePublished] => 2007-01-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
