TO ALL THOSE STOCKHOLDERS WHO VOTED FOR ME AS BOARD OF DIRECTOR OF NVAT, I am cordially inviting you to see for yourselves a purchased lot at the far end of the Compound by the present Management led by the GENERAL MANAGER of course and favorably authorized by the BOARD with a vote of 8 vs 1 . The staggering price is 1,350.00 pesos per square meter. Simultaneously, there was an offer of a 1.2 has. Lot also adjacent n at the back of H BUILDING( in effect still infront of the compound ) which was priced at 650 pesos / sq.m. N still negotiable. NVAT have already released 1million pesos while the documents are being processed for transfer. The Legal Adviser of the institution says that the transaction is LEGAL by virtue of a TEMPORARY DEED OF CONVEYANCE and pending the processing of the documents the balance of another 1.8 million is held in abeyance? So the price of the 2,074 sq. meters is 2.8 million. Meanwhile our 100 pesos per share has a par value of 96 pesos only(todate).
Posted on: Sat, 15 Nov 2014 05:47:50 +0000
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