Tranche Update on Cebu Landmasters, Inc.'s Equity Buyback Plan announced on March 30, 2020.
May 17, 2021 at 08:14 pm EDT
Share
From October 1, 2020 to December 31, 2020, the company has repurchased 2,470,981 shares, representing 0.07% for PHP 11.92 million. With this, the company has completed the repurchase of 107,819,602 shares, representing 2.92% for PHP 485.66 million under the buyback announced on March 30, 2020.
Cebu Landmasters, Inc. is a Philippines-based residential developer in Visayas and Mindanao. The Company has more than 115 projects in different development stages and has a diverse portfolio of residences, offices, hotels, mixed-use properties and townships across 16 areas in the VisMin region. Its segments include Real Estate, Hotel Operations, Rental and Management Services. The Company's real estate segment covers the development and sale of residential and office units to individual and corporate buyers. Its rental segment includes leasing of office and commercial spaces to corporate organizations. Its management services segment is focused on the management of real estate projects and upkeep services to condominium corporations and housing associations. Its hotel operations segment relates to the management of hotel business operations that caters to hotel guests. Its subsidiaries include CLI Premier Hotels Intâl. Inc. and Cebu Landmasters Property Management, Inc.
CEBU LANDMASTERS, INC. 
