Philippines: Robinsons, Shang Properties form $191m JV; PSE to not raise PDS bid

Philippines: Robinsons, Shang Properties form $191m JV; PSE to not raise PDS bid

Visual from Robinsons Land Corp homepage

Listed real estate firm Robinsons Land is building an upscale mixed-used complex through a joint venture with property developer Shang Properties, while the Philippine Stock Exchange said it will not engage in a bidding war against Landbank for the acquisition of PDS Holdings.

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