Philrealty exits rehab, sets strong comeback
April 01, 2014
MANILA, Philippines – Reeling under debt for 12 years, property developer Philippine Realty Corp. is making a strong comeback following its exit from court-assisted corporate rehabilitation.
In a briefing yesterday, Philrealty president Amador Bacani said the company is hoping to capitalize on a resurgent real estate market after the Quezon City Regional Trial Court terminated the rehabilitation proceedings following the full settlement of the firm’s obligations.
Read more about it here:
http://www.philstar.com/business/2014/04/01/1307311/philrealty-exits-rehab-sets-strong-comeback