VisMin developer Cebu Landmasters Inc. (CLI) has joined the growing number of companies offering co-working spaces in response to increasing demand for flexible work arrangements. In a disclosure to the Philippine Stock Exchange (PSE), the firm announced the launch of WorkNook, its first co-working...
VisMin developer Cebu Landmasters Inc. is planning to raise up to P5 billion from the planned issuance of Sustainability-Linked Bonds which will be the second tranche of its three-year Shelf Registration program amounting to P15 billion. Philippine Rating Services Corporation (PhilRatings) said it...
CEBU CITY – A Cebu-based real estate giant has sought a court injunction to stop a contractor’s initial step of foreclosing an integrated beachfront condominium project in a coastal village in Lapu-Lapu City, Cebu. In a 15-page Petition for Permanent Injunction, the Cebu Landmasters Inc. (CLI)...
Leading VisMin developer Cebu Landmasters Inc. (CLI) reported a seven percent improvement in attributable net income to P2.3 billion in the first three quarters of 2024 from the P2.2 billion earned in the same period last year. In an online media briefing from Cebu, CLI Executive Vice President and...
VisMin developer Cebu Landmasters Inc. (CLI) posted a 24 percent increase in net income to P1.7 billion in the first half of 2024 from the P1.37 billion registered in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its first half revenue also grew by...
VisMin developer Cebu Landmasters Inc. (CLI) has forged a P373.59 million joint venture with landowner Martinez Agricultural Corporation (MAC) to develop a mixed-use condominium project. In a disclosure to the Philippine Stock Exchange (PSE), CLI said it has signed a Joint Venture Agreement with...
VisMin developer Cebu Landmasters, Inc. (CLI) reported that its Velmiro Heights Davao, its second horizontal project in Davao City, sold out in just two days, generating P2.7 billion in sales. In a disclosure to the Philippine Stock Exchange, the firm said the 362-unit Velmiro Heights Davao...
VisMin developer Cebu Landmasters Inc. (CLI) has opened the P2 billion Citadines Bacolod City, its first hotel outside Cebu City and the largest international hotel in Negros. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is expanding its footprint in the Visayas and...
VisMin developer Cebu Landmasters Inc. is expanding its high-end residential business while biding its time for its planned public offering of shares of its real estate investment trust (REIT) for hotels and commercial properties. CLI Chairman and CEO Jose Soberano III During the firm’s annual...
VisMin developer Cebu Landmasters Inc. (CLI) reported a 15 percent growth in its first quarter 2024 net income to P978 million from P847 million in the same period of 2023. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenue rose 31 percent to P6.26 billion in...
VisMin developer Cebu Landmasters Inc. (CLI) has raised P4.28 billion from its follow-on offering of preferred shares including the exercise of the oversubscription option to meet demand. The company formally listed its Series A-1 and Series A-2 Preferred shares on April 12, 2024, after a listing...
VisMin developer Cebu Landmasters Inc. (CLI) is planning to raise up to P5 billion from the proposed issuance of Series “A” preferred shares that will be listed at the Philippine Stock Exchange (PSE). The firm disclosed to the PSE that it has filed with the Securities and Exchange...
