Fortune Noble Limited acquired 13.3% stake in Suntrust Home Developers, Inc. (PSE:SUN) from Townsquare Development, Inc. and First Centro, Inc. for approximately PHP 300 million on October 26, 2019. The deal value includes 300 million shares purchased at PHP 1 per share of which 200 million shares were purchased from Townsquare Development and 100 million shares were purchased from First Centro, Inc. Fortune Noble Limited completed the acquisition of 13.3% stake in Suntrust Home Developers, Inc. (PSE:SUN) from Townsquare Development, Inc. and First Centro, Inc. on October 26, 2019.