Megaworld takes full control of CDO property

Megaworld has recently announced its 80.4 percent acquisition of Global-Estate Resorts Inc. (GERI), a leisure estate developer. In 2012, GERI assumed the 260 hectare property Mountain Meadows project in Cagayan de Oro.

Now that Megaworld has bought major share holder of GERI, this could accelerate the full development of Mountain Meadows.

Read further: abs-cbnnews.com HERE