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Cebu Landmasters, Inc. raises P4.28B from Series A preferred shares

Cebu Landmasters, Inc. (CLI) had its first equity capital raising after its 2017 maiden offering. The property firm raised Php 4.28 billion from the sale of Series A-1 and Series A-2 preferred shares. The shares were listed on the Philippine Stock Exchange (PSE) under the ticker symbol CLIA1 and CLIA2.  “This offering was 1.43 times…
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