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Ayala Land, Inc.ALI
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS
- Annual Report
- Quarterly Report
| Subject of the Disclosure |
|---|
1Q 2024 Sponsor Progress Report on Disbursement of Proceeds from the sale of 205 million AREIT Shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc |
| Background/Description of the Disclosure |
1Q 2024 Report on the Application of Proceeds, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the sale of 205 million AREIT Shares. |
| Update or Status of the Reinvestment Plan |
Please be advised that from January 1 to March 31, 2024, Ayala Land disbursed proceeds amounting to Three Hundred Twelve Million, Two Hundred Thirty Thousand, Nine Hundred Sixty-Four Pesos (Php312,230,964) |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name : Arbor Lanes |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Arbor Lanes – 5-tower residential project in Taguig City |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Manager |