Tuesday 23 July
Aug 27, 2018 @ 14:19

PDIC eyes over P100M from Mindanao asset sale

 

Up for bidding are thousands of memorial lots in Cagayan de Oro City.

The Philippine Deposit Insurance Corporation (PDIC) said they will hold a new public bidding on Wednesday, Sept. 26 where they are looking to raise at least P117.2 million.

What’s different about this auction is it will be held at the Bangko Sentral ng Pilipinas’ branch in Cagayan de Oro, given that bulk of the properties to be sold are located within Misamis Oriental and nearby provinces.

Up for bidding are 3,307 memorial lots at the Ma. Christina Gardens of Iligan and the Cagayan de Oro Gardens. These will be sold by block.

Other properties for disposal are residential and industrial lots seized from closed banks.

Please follow and like us:
error

Tags: , , , , ,

Related Stories
It's a good way to start the month.
Cars and homes are up for grabs!
Another problem bank bites the dust.
The insurer is free to proceed with the asset sale after this bank closure.


 

Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.