MANILA, Philippines – The appraiser of the assets of Villar Land Holdings Corp. has been ordered to explain its trillion-peso valuation of the listed firm’s properties as the Securities and Exchange Commission (SEC) deepens its investigation.
The Office of the General Accountant at the SEC issued a show cause order against E-Value Phils Inc. regarding the valuation figures.
https://business.inquirer.net/551323/villar-land-valuer-told-to-explain-trillion-peso-tag