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Shang Properties buys land in Fort Bonifacio
- Article from:
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The Manila Times
- Article date:
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May 31, 2008
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Copyright informationCopyright Content Parnership Pty Ltd May 31, 2008. Provided by ProQuest LLC. (Hide copyright information)
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THE developer of the Shangri-La Plaza mall told the Philippine Stock Exchange (PSE) that a subsidiary purchased a lot from the Fort Bonifacio Development Corp. (FBDC).
Shang Properties Inc. disclosed that unit Shang Global City Holdings Inc. completed the purchase of a 15,120-square-meter lot in the West Super Block, a prime location within the Bonifacio Global City. The area is the future site of the unified PSE trading floor to be built in partnership with Ayala Land Inc. The unified bourse is up for completion in three years.
The Manila Times failed to reach Federico Noel, Shang Properties corporate secretary, for further details.
At end-March, the company's consolidated net income ...
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