In a disclosure to the Philippine Stock Exchange on Wednesday, Arthaland said it received a property in Binan, Laguna which measures 8,182 hectares from YCLA Sugar Development Corporation and South Industrial Facilities, Inc.
The employer said the transaction may be made via its absolutely owned subsidiary Cazneau, Inc.
Arthaland did no longer expose the specific plans for the development of the property.
In an earlier interview, Arthaland president Angela de Villa-Lacson said they are inside the making plans segment for the Laguna challenge “and we plan to launch it by the second 1/2 of next yr.”