The Board of Directors of Raslag Corp. approved purchase of lots with an estimated aggregate area of 1,009,662 sqm. in Brgy.

Liwayway, Sto. Rosa, Nueva Ecija for the RASLAG VII and RASLAG VIII Solar Power Projects for an estimated purchase price of P 807,729,600.00, plus taxes and miscellaneous expenses, with further details in PSE Disclosure Form 4-1 -Acquisition or Disposition of Assets.