Filinvest net rises by 10% to P4B
By Doris C. DumlaoGotianun-led conglomerate Filinvest Development Corp. grew its net profit last year by about 10 percent to P4.06 billion on higher earnings from real estate, banking, hotel and sugar operations.
Gotianun-led conglomerate Filinvest Development Corp. grew its net profit last year by about 10 percent to P4.06 billion on higher earnings from real estate, banking, hotel and sugar operations.
Gotianun-led conglomerate Filinvest Development Corp. plans to raise as much as $300 million from the issuance of offshore bonds to fund capital spending this year.
WHAT A difference almost 20 years make. In the early 1990s, this 244-hectare expanse of land in what was then the town of Muntinlupa was a stock farm, offered by the government to the best bidder.
Property developer Filinvest Land Inc. yesterday said its income for the first nine months of the year improved significantly on the back of higher real estate sales and rental income.
What do Cebu Property Ventures and Development Inc., SM Development Corp., Filinvest Development Corp., Belle Corp. and Tiger Resorts, Leisure and Entertainment have in common?
Filinvest Land Inc. increased its first quarter net profit by 21 percent to P748 million year-on-year on higher earnings booked from residential sales as well as rental of shopping mall and office space.
Taipan Andrew Gotianun’s Filinvest Development Corp. (FDC) is looking to establish itself as one of the most respected names in the country’s retail sector as it sets out on the multi-billion revamp of its current projects.
The real estate developer Filinvest Land Inc. is to expand its office property portfolio by 43 percent to 258,000 square meters in gross floor area in the next two to three years, upbeat on demand from business process outsourcing firms.
Filinvest Land Inc. plans to offer up to P3 billion worth of long-term retail bonds within the month to fund its expansion activities this year. The property developer of the Gotianun family on Thursday reported to the Philippine Stock Exchange that its executive committee had approved the plan to issue and float via public offering [...]
The Filinvest group has teamed up with a Singaporean firm to roll out starting this year a nationwide chain of budget hotels, adding to its array of tourism-oriented products for different market segments. During the company’s stockholders’ meeting on Friday, Filinvest Development Corp. president Josephine Gotianun-Yap said a joint-venture company had been set up with [...]
GOTIANUN-LED Filinvest Development Corp. plans to develop four liquefied natural gas (LNG) power plants across the country with a total capacity of 1,500 to 1,800 megawatts over the next five years. The project will be implemented through FDC’s wholly owned subsidiary, FDC Utilities, which expects to invest about $1.8 billion to build the “greenfield” power [...]
