SBS Philippines divests 35% stake in real estate firm Neschester for $1.2m

SBS Philippines divests 35% stake in real estate firm Neschester for $1.2m

Visual from the company website

SBS Philippines Corp, a listed chemical traders and distributor firm, has divested on Tuesday all of its shares in its real estate associate Neschester Corp – valued at an estimated 1.2 million or over P60.6 million.

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