Philippines Has Priciest Property Stock on Business Hub Plan

(Bloomberg) — A Philippine cemetery chain’s ambition to create a new business hub for the nation has its stock trading at an eye-popping 100 times book value.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesWhere New York City’s Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Designers Diller ScofidioRead More