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Zileya Land

Arthaland Cebu Creates Unit to Develop Property

Artha Land Cebu

PROPERTY developer ArthaLand Corp. on Thursday said it created a subsidiary, which will be used to acquire other properties for development. The company said in its disclosure to the Philippine Stock Exchange, it incorporated Zileya Land Development Corp. and subscribed to its 499,995 common shares at P100 per share. “This wholly owned subsidiary will be…