Peninsula Land has entered into a Securities Purchase Agreement to acquire 86% of the Equity Shares of Rockfirst Real Estate thereby making it a wholly-owned subsidiary of the Company.
Further, the company has also, through its wholly-owned subsidiary Peninsula Holding and Investment (PHIPL) entered into Securities Purchase Agreements to acquire 86% Equity shares of Goodhome Realty and Truewin Realty thereby making them step-down wholly-owned subsidiaries of the company.
Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.
