Megaworld to buy ‘prime’ Manila property for P1.89B - BusinessWorld Online

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MEGAWORLD Corp. announced on Wednesday that it had forged a memorandum of agreement with Manila Jockey Club, Inc. to buy a 2.2-hectare property in Sta. Cruz, Manila. READ:

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In a disclosure filed with the stock exchange, the listed township developer described the property as “part of the historic 16-hectare San Lazaro Tourism and Business Park in the northern part of Manila.” It also said that the “prime” real estate would boost the company’s presence in the city.

“The definitive sale agreements shall be executed upon the submission of closing documents to the satisfaction of buyer,” it said. “When we finalize the purchase of this land in San Lazaro, this will surely be part of our township portfolio expansion in Metro Manila,” he added.

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SCAM WARNING!!! If You want to lose all your life savings, invest in MegaWORST! They habitually break contracts & violate Maceda Law + Presidential Decree 957. Endless delays, excuses, lies and deceit. They delay the turnover (2 YEARS!), withhold your title (5 YEARS!!!).

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