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MANILA, Philippines – Bright Kindle Resources and Investments Incorporated, a holding company owned by the family of House Speaker Martin Romualdez, is set to acquire a sand mining company for P5 billion. The board of Brightstar also approved the increase of its authorized capital stock to P7 billion, divided into 70 billion common shares with a par value of 10 centavos per share. showed that SBMDC has a total mining area of 7,411 hectares and has a mining period from 2007 to 2032.
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