Philippine billionaire Villar may merge his residential, mall units
Tycoon is turning housing projects across country into self-contained communities
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Manila
PHILIPPINE billionaire Manuel Villar, who made a fortune building affordable homes, is considering merging his residential and shopping mall units as he turns housing projects across the country into self-contained communities.
Combining Vista Land & Lifescapes Inc, the biggest Philippine homebuilder, with the income stream from shopping centre developer Starmalls Inc "could make sense", according to Mr Villar, a former politician who's chairman of both companies.
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