PH's Ayala Land surfaces as 9% anchor investor in MY's MCT

PH's Ayala Land surfaces as 9% anchor investor in MY's MCT

MCT executives watching the movement of the share price at the opening bell. DSA pix.

Philippines’s largest real estate firm Ayala Land Inc has acquired a substantial stake in newly listed Malaysian property developer MCT Bhd, emerging as an anchor investor alongside Malaysia’s Pilgrims Fund Board.

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