ACCRALAW as Counsel for Century Properties Group Inc. in the Issuance of its Series B Preferred Shares

ACCRALAW acted as counsel for Century Properties Group Inc. (“CPGI”) in relation to its issuance of 20,000,000 Series B Preferred Shares which were listed and traded on the Main Board of the Philippine Stock Exchange on 22 February 2024. The Series B Preferred Shares were sold at an offer price of Php100.00 per share, or for a total consideration of Php2 Billion, with an initial dividend rate of 7.5432% per annum.

The Firm’s lawyers from the Corporate and Special Projects Department, namely, Partner Everlene O. Lee, Senior Associate Dan Bernard S. Sabilala, and Associates Christine Joy S. Escalante, Emma Rose R. Tomaneng, and Ralph Christian P. Rosales worked on the project.

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