Chinabank ready to sell asset bought from Uy 

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THE China Banking Corp.(Chinabank) is ready to sell the property it recently acquired from Chelsea Logistics and Infrastructure Holdings Corp., a company led by Davao businessman Dennis A.Uy.

We gave them a chance,” the Chinabank executive added.

However, Sy said they gave the Davao businessman 18 months to reclaim the property.“They have a lease back.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: PhilippinesChina

Topics: Property Added Company Cash Dividend Gave Sell Percent Chelsea Logistics Chinabank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-04 @ 16:01:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28369511

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 81 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #37

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