Alphaland Corp., the upscale property developer behind the Balesin Island Club, is keeping its doors open for a potential return to the stock market.

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MANILA, Philippines — Alphaland Corp. is open to bringing in partners for the development of the next Balesin Island, a resort project that has been shelved due to its huge capital requirement.

Alphaland chairman and CEO Eric Recto told The STAR that the company, which was delisted on the Philippine Stock Exchange (PSE) in 2014, is still open to list in the stock market again to ...