Property developer Philippine Realty and Holdings Corp. slipped into a P22.6 million loss in the first six months of the year, hammered by the devastating effects of the coronavirus outbreak.
Universal Travel Corp. (UTC), a subsidiary of Philippine Realty and Holdings Corp. ceased operations citing continuing losses and increasing capital deficiency.
Philippine Realty Inc. is shutting down the operations of subsidiary Universal Travel Corp. due to continuing losses and increasing capital deficiency.
Philippine Realty and Holdings Corp. is selling close to 30 percent stake in Meridian Assurance Corp.
Property developer PhilRealty, Victorio Amante?s Imperial Resources, and Antonio Gregorio III?s investment holding company,