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...
Filinvest Land Inc. is planning to convert its wholly-owned subsidiary, Cyberzone Properties Inc. (CPI), into a Real Estate Investment Trust (REIT) Company. In a disclosure to the Philippine Stock Exchange, FLI said the move has been approved by its Board of Directors. “CPI is intended to be...
Filinvest Land Inc. reported that the Issue Credit Rating of subsdiary Cyberzone Properties, Inc.’s (CPI) P6 billion outstanding bonds was maintained at the highest PRS Aaa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). In a disclosure to the...
