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Alaska Co. preference shares Valdez Co. ordinary shares Totals Cost P200,000 160,000 P360,000 Fair value-12/31/x1 P240,000 60,000 P300,000

Alaska Co. preference shares Valdez Co. ordinary shares Totals Cost P200,000 160,000 P360,000 Fair value-12/31/x1 P240,000 60,000 P300,000

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