C02336-2025 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
---|
Second Quarterly Progress Report on the Application of Proceeds from Block Placement of 318,902,800 RL Commercial REIT, Inc. (RCR) Shares |
Background/Description of the Disclosure |
Quarterly progress report on the application of proceeds received from the block placement of RCR shares as of and for the quarter ended March 31, 2025, including the report of RLC’s external auditor. |
Update or Status of the Reinvestment Plan |
As of March 31, 2025, the remaining balance of the proceeds from the block placement of RCR shares amounted to Nine Hundred Forty-Three Million Three Hundred Ninety Thousand Eighty-Eight Pesos and 30/100 (₽943,390,088.30). |
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: The Sapphire Bloc |
Description of Real Estate Assets and/or Infrastructure Projects for the Period |
The Sapphire Bloc is a four-tower development that features a lifestyle retail podium located in Ortigas Center, Pasig City. |
Other Relevant Information |
None. |
Name | Sheila Jean Francisco |
---|---|
Designation | Vice President - Controller |