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MEG unit pre-sold 1 st tower of Davao Project

30 Jan

BY F. YAP SECURITIES / 2TRADEASIA

Megaworld Corporation (MEG) via unit, Suntrust Properties (SP), completed the sale of all units in the 1 st tower of One Lakeshore Drive, prompting SP to launch its 2 nd this January ahead of original plans.

One Lakeshore is a 4-tower, 21-storey, residential condominium cluster on 11.2ha Davao Park District.

Which stocks to BUY or SELL? Find out on PinoyInvestor.com!

MEG is expecting PHP 2 billion sales from the project & plans to construct a PHP 1.2 billion Davao Finance Center.

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Posted by on January 30, 2015 in Corporate News, MEG, Stock Market

 

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