Ayala Land's HK unit invests $92m to raise its holding in Malaysia's MCT to 33%

Ayala Land's HK unit invests $92m to raise its holding in Malaysia's MCT to 33%

Visual from Ayala Land homepage

Philippine property conglomerate Ayala Land Inc (ALI) has, through its unit in Hong Kong, raised its stake in Malaysian development and construction company MCT Bhd by investing $92 million.

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