ARTHALAND Corp. has secured another regulatory approval for its planned preferred share offering of up to P3 billion, with proceeds earmarked to refinance maturing obligations and support ongoing project development, according to a disclosure reported by BusinessWorld.

In a disclosure on Wednesday, the company said it received a Certificate of Filing of Enabling Resolution from the Securities and Exchange Commission (SEC), dated July 23, 2026. This follows previous clearances needed for the share sale, which is part of the developer’s broader capital-raising strategy.

The offering is expected to help Arthaland manage upcoming debt payments while ensuring sufficient liquidity for its real estate projects. The company has not yet set a timetable for the offer’s launch, pending final regulatory and shareholder approvals.