RL Commercial REIT Approves Property-For-Share Swap Transaction With Robinsons Land Corporation

About this update from Rl Commercial Reit, Inc.

RL Commercial REIT Inc PSE:RCR:APPROVED PROPERTY-FOR-SHARE SWAP TRANSACTION BETWEEN ROBINSONS LAND CORPORATION AND COTRANSACTION IS COMPRISED OF 6 MALL ASSETSROBINSON LAND WILL SUBSCRIBE TO 1.29 BILLION COMMON SHARES OF CO AT 8.25 PESOS/SHARE FOR 10.62 BILLION PESOS

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