Philippine Digest: Ayala Land ups stake in Prime Orion; PSE eyes more shares in PDS Holdings

Philippine Digest: Ayala Land ups stake in Prime Orion; PSE eyes more shares in PDS Holdings

A trader takes orders on a telephone at the Philippine Stock Exchange. Source: Reuters

Philippine real estate giant Ayala Land Inc has paid about $9.7 million to acquire additional shares in Prime Orion Philippines Inc while the Philippine Stock Exchange said it is complying with ownership rules to secure approval for its additional shares acquisition in PDS Holdings.

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