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Megaworld Corp. has now gained full control of the Mountain Meadows project in Cagayan de Oro after it acquired 80.4 percent of Global-Estate Resorts Inc. (GERI), its leisure estate developer.

Last 2012, GERI assumed the 260-hectare property (LINK). With Megaworld’s acquisition of GERI, the full development Mountain Meadows could be realized sooner. Photo above shows the view from the site.

Read more details in BusinessWorld’s article HERE.

photo by sheilalu.com

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