FERN Realty Corporation acquired a.004157% stake in The Far Eastern University, Incorporated for PHP 0.53 million.
March 21, 2022
Share
FERN Realty Corporation acquired a.004157% stake in The Far Eastern University, Incorporated (PSE:FEU) for PHP 0.53 million on March 22, 2022. As part of the transaction, FERN Realty acquired 1000 shares of The Far Eastern University for an offer price of PHP 530.50 per share. FERN Realty Corporation now holds 0.31% stake in The Far Eastern University.
FERN Realty Corporation completed the acquisition of a.004157% stake in The Far Eastern University, Incorporated (PSE:FEU) on March 22, 2022.
Far Eastern University, Incorporated is a Philippines-based educational institution. It operates through three segments: FEU Main, Trimestral Schools, and Other Schools. It is comprised of seven institutes, which includes the Institute of Accounts, Business and Finance, Institute of Architecture and Fine Arts, Institute of Arts and Sciences, Institute of Education, Institute of Heath Sciences and Nursing, Institute of Law, and Institute of Tourism and Hotel Management. The Companyâs flagship programs include teacher education and business administration. It also offers senior high school programs in FEU High School, FEU Alabang, FEU Cavite, and FEU Diliman. It has also partnered with the Jerudong Park Medical Centre (JPMC) to establish the first private health science college in Brunei Darussalam, the JPMC College of Health Sciences. Its subsidiaries include East Asia Computer Center, Inc., Far Eastern College Silang, Inc., FEU Alabang, Inc., and FEU High School, Inc.