Property giant Ayala Land Inc. (ALI) is asking Mayor Antonio Calixto of Pasay City to put on hold the unsolicited proposal to reclaim 300 hectares of land from Manila Bay.
ALI had up to Monday to submit a counterproposal to the unsolicited proposal of SM Land Inc. to reclaim 300 hectares of land from Manila Bay. ALI asked for a 60-day extension to prepare its counterproposal, but this was turned down by the Pasay City government last week.
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