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bworldonline.com - 6 month ago

Ayala Land secures SEC approval for merger with 29 subsidiaries

LISTED property developer Ayala Land, Inc. (ALI) has secured approval from the Securities and Exchange Commission (SEC) to absorb 29 corporations as part of its internal restructuring efforts. The real estate company received the SEC’s approval of the articles and plan of merger on March 31, which subsequently took effect on April 1, ALI said [ ]


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