PTFC Redevelopment Corporation announced that at its Special Meeting of the Board of Directors of the company held on 12 December 2022, approved to distribute its unrestricted retained earnings in the aggregate amount of (PHP 52,500,000.00) in the form of cash dividends to its stockholders of record as of 10 January 2023, in proportion to their respective shareholdings, or (PHP 1.50) per share; and (b) setting the distribution of the said cash dividends not later than 03 February 2023.