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RCR issues new shares to Robinsons Land in P30.7-B property deal - BusinessWorld Online
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1 Articles
RCR issues new shares to Robinsons Land in P30.7-B property deal - BusinessWorld Online
RL COMMERCIAL REIT, INC. (RCR) has issued 3.83 billion shares to Robinsons Land Corp. (RLC) following the Securities and Exchange Commission’s (SEC) approval of their P30.67-billion property-for-share swap. “Further to the disclosure dated Sept. 5, 2025, please be advised that 3,834,357,500 shares of RL Commercial REIT, Inc. were issued today in exchange for the following assets from Robinsons Land Corp. pursuant to the deed of assignment dated …
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