PCC clears NTT UD Asia stake in Cebu Landmasters’ Luzon arm
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THE PHILIPPINE Competition Commission (PCC) has cleared Singapore-based real estate firm NTT UD Asia Pte. Ltd. to acquire a 40% stake in Cebu Landmasters, Inc.’s (CLI) Luzon subsidiary, CLI Luzon Ventures, allowing the Visayas-Mindanao developer to proceed with its planned residential and mixed-use expansions in Luzon. In a regulatory filing on Monday, CLI said the […]
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