MANILA, Philippines — The PBA board has approved the transfer of the franchise of the Columbian Autocar Corp.-owned Columbian Dyip to its sister company Terra Firma Realty Dev’t Corp.
Dyip governor and current PBA vice chairman Bobby Rosales said he presented the letter of transfer request on behalf of Columbian and Terra Firma owner Palawan Gov. Jose Alvarez during Wednesday’s board meeting and got the greenlight.
“Most likely we will retain the name of the Dyip but wala ng Columbian,” Rosales.