An unknown buyer agreed to acquire Bhavana Properties, Inc. from Arthaland Corporation (PSE:ALCO) for approximately PHP 260 million on December 15, 2021. The transaction also includes & Shareholder Advances Therein With A Principal Balance Of PHP 197.5 million. Board of Directors of Arthaland approved the deal on December 15, 2021.

An unknown buyer completed the acquisition of Bhavana Properties, Inc. from Arthaland Corporation (PSE:ALCO) for approximately PHP 260 million on December 23, 2021.