^
+ Follow ARCH ASIA PROPERTY FUND Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 380662
                    [Title] => Ayala sells 23% stake in S’pore firm
                    [Summary] => 



Ayala International Holdings Ltd. (AIHL) has sold its 23.3-percent interest in Hermill Investments Pte Ltd. to the Singapore-based Hotel Properties Ltd. (HPL) for $47 million (about P1.5 billion).                 


AIHL is a 100 percent-owned subsidiary of Ayala International Pte. Ltd. which, in turn, is a 100-percent-owned subsidiary of Ayala Corp.

On the other hand, HPL currently owns 59 percent of Hermill, the holding company for The Forum Shopping Mall, a 17-story retail-cum-office development along Orchard Road in Singapore.
[DatePublished] => 2007-01-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ARCH ASIA PROPERTY FUND
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 380662
                    [Title] => Ayala sells 23% stake in S’pore firm
                    [Summary] => 



Ayala International Holdings Ltd. (AIHL) has sold its 23.3-percent interest in Hermill Investments Pte Ltd. to the Singapore-based Hotel Properties Ltd. (HPL) for $47 million (about P1.5 billion).                 


AIHL is a 100 percent-owned subsidiary of Ayala International Pte. Ltd. which, in turn, is a 100-percent-owned subsidiary of Ayala Corp.

On the other hand, HPL currently owns 59 percent of Hermill, the holding company for The Forum Shopping Mall, a 17-story retail-cum-office development along Orchard Road in Singapore.
[DatePublished] => 2007-01-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
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