A Dutch firm  has bought into a newly formed subsidiary of boutique building developer Arthaland Corp. to develop a prime lot in Cebu aimed at the booming information technology and business process outsourcing (IT-BPO) sector.

In a disclosure to the Philippine Stock Exchange on Wednesday, Arthaland said Rock & Salt B.V. of Netherlands would get two seats in the five-seat board of its new subsidiary, Cebu Lavana Land Corp. (CLLC).

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