FLI’s P29-B bonds keep top rating

Date: July 12, 2017

Filinvest Land, Inc. (FLI), the property development arm of the Gotianun family, has retained the highest issue credit rating of PRS Aaa from Philippine Rating Services Corporation (PhilRatings) for its P29 billion outstanding bonds. The bonds consist of P7.0 billion due in 2019, P4.3 billion due in 2020, P5.3 billion due in 2021, P7.0 billion… Read more »

Corp News 2017 - Over 10,000 join Blacklight Run

Over 10,000 join Blacklight Run

Date: June 6, 2017

Wet and Colored Black Light Run. Thank you @colormanila for one amazing night. Can’t wait to join you again. #5kFinisher A post shared by Pia Elaine 🌸 (@pia.ea) on May 29, 2017 at 6:36pm PDT More than 10,000 runners braved a sudden downpour and answered the starting gun of Color Manila’s CM Blacklight Run held… Read more »

Sixth FEU campus takes form

Date: June 4, 2017

Far Eastern University (FEU) marked the construction of its newest campus at Filinvest City in Alabang, Muntinlupa City, with the first pouring of its concrete foundation. In time for the university’s 90th anniversary, FEU Alabang aims to welcome up to 18,000 students in 2018. As the first tertiary campus to be located inside Filinvest City’s… Read more »

Gotianun’s FDC earns P2.4B in January – March

Date: May 17, 2017

EARNINGS of Filinvest Development Corp. (FDC) grew by 9% in the first quarter of 2017, as revenues rose by double-digits on the steady growth of its property and banking businesses. The Gotianun-led holding firm disclosed on Monday a net income of P2.4 billion in the three months ending March, as revenues climbed by 17% to… Read more »

Corp News 2017 - Filinvest to invest P5B in Mindanao housing projects

Filinvest to invest P5B in Mindanao housing projects

Date: May 16, 2017

DEVELOPER Filinvest Land, Inc. said it will invest an additional P5 billion in Mindanao over the next three years to expand its Futura Homes economic housing brand and Spatial mid-rise condominium developments. New projects are expected to be launched particularly in South Cotabato and Davao City, the company said in a statement Monday, May 15…. Read more »

Filinvest studying Luzon hydro plant

Date: May 2, 2017

Conglomerate Filinvest Development Corporation plans to expand its power business portfolio to include renewable energy projects, such as a hydropower facility in Luzon. FDC president Josephine Gotianun Yap said in a recent interview that the group was looking at developing a hydropower plant in Luzon, after it completed a 405-megawatt coal-fired power plant in Mindanao…. Read more »

Filinvest allots P40B for capex this year

Date: May 2, 2017

Gotianun-led conglomerate Filinvest Development Corp. (FDC) has earmarked about P40 billion in a mix of capital expenditures and fresh equity investments this year, expanding various businesses as a vote of confidence in the fast-growing domestic economy. The amount of capital outlays planned by FDC this year is more aggressive than the P25 billion in spending… Read more »

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