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                    [ArticleID] => 261105
                    [Title] => Metro Pacific sells 10% stake in Landco to fund Nenaco rehab
                    [Summary] => Holding firm Metro Pacific Corp. (MPC) has sold a portion of its shareholdings in high-end real estate development subsidiary Landco Pacific Corp. for P60.5 million, the company said in a statement.


The sale involves 529,587 shares or 10.33 percent of Landco’s outstanding capital stock, reducing MPC’s stake in the company to 51 percent.


The buying parties were AB Holdings Corp., a private investment company, and certain individuals in the management of Landco, a multi-product property development firm.


                    [DatePublished] => 2004-08-13 00:00:00
                    [ColumnID] => 133272
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AUGUSTO PALISOC AND JEREMIAS CRUZABRA

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                    [ArticleID] => 261105
                    [Title] => Metro Pacific sells 10% stake in Landco to fund Nenaco rehab
                    [Summary] => Holding firm Metro Pacific Corp. (MPC) has sold a portion of its shareholdings in high-end real estate development subsidiary Landco Pacific Corp. for P60.5 million, the company said in a statement.


The sale involves 529,587 shares or 10.33 percent of Landco’s outstanding capital stock, reducing MPC’s stake in the company to 51 percent.


The buying parties were AB Holdings Corp., a private investment company, and certain individuals in the management of Landco, a multi-product property development firm.


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abtest

Metro Pacific sells 10% stake in Landco to fund Nenaco rehab

August 13, 2004 - 12:00am

Holding firm Metro Pacific Corp. (MPC) has sold a portion of its shareholdings in high-end real estate development subsidiary Landco Pacific Corp. for P60.5 million, the company said in a statement. The sale involves...

Business