Manila, Dec. 18 -- A total of 443 units of properties of listed firm Cebu Landmasters Inc. (CLI) have been given a go signal by the Securities and Exchange Commission (SEC) to be placed under rental pool agreements.

SEC, in a press release on Thursday, said its Commission En Banc approved the registration statements of CLI Premier Hotel International, Inc. for 180 rental units, and the 263 units under YHES Premier Hotel Inc., subject to compliance with remaining requirements.

CLI Premier is a subsidiary of CLI, while YHES Premier is a subsidiary of Yuson Huang Excellence Soberano, Inc., of which CLI has 50 percent ownership.

Under the agreement, CLI Premier Hotel will offer 132 studio executive units, 47 one-bedroom units, and one two-...