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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 |
|---|
4Q 2023 Progress Report on the 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 |
4Q 2023 Report on the Application of Proceeds for the Fourth Quarter of 2023, 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 |
As of December 31, 2023, ALI already disbursed total proceeds amounting to Six Billion, Five Hundred Thirty-Six Million,One Hundred Sixty-Seven Thousand Pesos (Php6,536,167,000) in accordance with the Reinvestment Plan. |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: Metro Manila Property |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Metro Manila Property - Land Acquisition in Metro Manila |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Manager |