Arthaland Infusing P765 Million into Zileya Land

​Arthaland Corporation will subscribe to an additional 7,655,000 Preferred Shares of Zileya at a subscription price of P100.00 per share or the total amount of P765,500,000.00. 

On January 22, 2025, it was disclosed that the Corporation already subscribed to 7,100,000 Preferred Shares of Zileya at a subscription price of P100.00 per share, or the total amount of P710,000,000.00, which shall be issued from the proposed increase of its authorized capital stock by 20,000,000 redeemable, cumulative, and voting preferred shares at a par value of P1.00 per share, once approved by the Securities and Exchange Commission. The application for capital increase is presently in process.

The terms and conditions of the transaction:

Number of shares to be acquired or disposed: 7,655,000
Percentage to the total outstanding shares of the company subject of the transaction: 35.6%
Price per share: P100 (Php765,500,000.00 to be paid in cash)
 
Zileya is a wholly-owned subsidiary of the Corporation which is in the process of completing the acquisition of a property which will be the site of a new sustainable development.

Arthaland Corporation is the only real estate developer in the Philippines with a residential and commercial portfolio 100% certified as sustainable by local and global organizations. It has made its mark in the Philippine real estate industry by pioneering the development and management of exceptional best-in-class properties that adhere to international and local standards.