Filinvest Land, Inc. (FLI) has successfully raised P10 billion for its capital expenditure program through the issuance of 4-year and 6-year peso fixed-rate bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bond offering was more than 4 times oversubscribed from the base...
Filinvest Land Inc., a member of the Gotianun Group, has obtained the highest Issue Credit Rating of PRS Aaa from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. The firm disclosed to the Philippine Stock Exchange that it is planning a P8.0...
Gotianun-led Filinvest Land, Inc. is planning to raise up to P10 billion through the sale of peso denominated retail bonds, the second tranche of the company's P30 billion shelf-registered bonds. In a disclosure to the Philippine Stock Exchange on Thursday, Sept. 23, FLI said its Board of Directors...
It has been said that 2021 is the year of the REIT (real estate investment trust)`after two initial public offerings with a combined market capitalization of P74.36 billion plus two more IPOs in the pipeline with a maximum combined market cap of P128.43 billion. Makati CBD skyline These four IPOs...
Filinvest REIT Corp. (FILREIT), formerly Cyberzone Properties, Inc. and a real estate investment trust (REIT), has pegged the final offer price of its initial public offering at P7.00 per share. In a disclosure to the Philippine Stock Exchange, the firm said the offer price is set at the mid-point...
The Philippine Stock Exchange, Inc. (PSE) has approved Filinvest REIT Corporation’s planned initial public offering (IPO) of up to P14.88 billion worth of shares. 18885 Set to be the third REIT company to be listed in the Exchange, Filinvest REIT is offering 1.63 billion secondary shares and up...
The Securities and Exchange Commission (SEC) has approved the planned P14.92 billion initial public offering (IPO) of the real estate investment trust (REIT) sponsored by Filinvest Land, Inc. (FLI). The Commission En Banc resolved to render effective the registration statement of Cyberzone...
In a meeting with the country's major mall and building owners, Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion garnered support for his proposal to champion and to finally establish “safe spaces” as a means to create herd immunity in areas where the private...
Filinvest Land, Inc. (FLI) reported a 45 percent fall in attributable net income to P736 million in the first quarter of 2021 from P1.35 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its first quarter performance resulted in gross revenues...
Filinvest Land, Inc. (FLI), the property arm of Filinvest Development Corporation (FDC), is banking on its P190 billion worth of projects in the pipeline, including new products to be launched, as part of its medium-term strategies. During the firm’s virtual Annual...
The fate of the stock market this week is seen to hinge on whether or not the growth of new COVID-19 cases in the country is arrested and if the imposition of strict quarantine measures will be extended further. (Photo credit: https://www.pse.com.ph) “Investors are expected to take cues from our...
Filinvest Land, Inc. (FLI) reported a 41 percent drop in attributable net income to P3.73 billion last year from the P6.28 billion earned in 2019 due to the impact of the pandemic lockdown on its malls and residential businesses. In a disclosure to the Philippine Stock Exchange, FLI said gross...
