Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 335372
                    [Title] => C&P Homes posts net income of P141M in 2005
                    [Summary] => C&P Homes Inc., a real estate development firm owned by the family of Sen. Manuel Villar, posted a net income of P141.02 million last year, more than three times the P41.85 million profit reported in 2004.


In a financial report filed with the Securities and Exchange Commission, C&P Homes said the rise in profit was due to lower interest expense.


Net sales reached P1 billion last year or a decline of 30 percent from P1.43 billion in 2004, mainly due to the effect of deconsolidated subsidiaries which normally contributes 25 percent of total sales.  


                    [DatePublished] => 2006-05-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 310045
                    [Title] => SEC okays C&P Homes’ capital increase to P7B
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the plan of low-cost housing developer C&P Homes Inc. to raise its authorized capital stock to P7 billion, from P500 million.  


The capital build-up forms part of C&P’s capital and debt restructuring program aimed at cleaning up its books.


C&P said the increase in capital stock would allow it to invest, purchase and own properties that would further boost the company’s operations.


                    [DatePublished] => 2005-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 304660
                    [Title] => Brittany allots P12B for Laguna, Cavite projects
                    [Summary] => Brittany Corp., a sister firm of Camella and Palmera (C&P) Homes, has earmarked P12 billion for the development of an IT (information technology) park and a residential subdivision.


Brittany corporate communications officer Nova Naval said the company is planning to convert a 30-hectare property owned by the Quiros family into a residential subdivision catering to the upper-middle class. The property is situated in Sta. Rosa, Laguna. 


Naval said the project is estimated to cost around P5 billion.


                    [DatePublished] => 2005-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 298937
                    [Title] => C&P Homes to restructure $150-M floating rate notes
                    [Summary] => Low-cost housing builder C&P Homes has approved plans to restructure $150 million of its floating rate notes (FRNs) as part of a wider capital restructuring program.


In a disclosure to the Philippine Stock Exchange, C&P Homes said the restructuring plan, aimed at cleaning up its books, will be presented for approval by its shareholders on Nov. 14. Shareholders on record as of Oct. 10 are qualified to vote on the plan.


The FRNs were issued by C&P Homes International Ltd. and carry a guarantee from the parent firm.


                    [DatePublished] => 2005-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 248198
                    [Title] => C&P Homes cuts losses to P59M
                    [Summary] => Low-cost housing developer C&P Homes Inc. cut its losses by 94 percent last year to P59 million, from P971.73 million in 2002, largely due to cost-cutting measures adopted by management.


In a financial report to the Securities and Exchange Commission, C&P Homes said despite positive operating results, the company still turned in a net loss due to interest charges and higher foreign exchange losses of P1.22 billion. The property developer also booked losses on assets totaling P125.2 million. 


                    [DatePublished] => 2004-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

CAMELLA AND PALMERA

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 335372
                    [Title] => C&P Homes posts net income of P141M in 2005
                    [Summary] => C&P Homes Inc., a real estate development firm owned by the family of Sen. Manuel Villar, posted a net income of P141.02 million last year, more than three times the P41.85 million profit reported in 2004.


In a financial report filed with the Securities and Exchange Commission, C&P Homes said the rise in profit was due to lower interest expense.


Net sales reached P1 billion last year or a decline of 30 percent from P1.43 billion in 2004, mainly due to the effect of deconsolidated subsidiaries which normally contributes 25 percent of total sales.  


                    [DatePublished] => 2006-05-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 310045
                    [Title] => SEC okays C&P Homes’ capital increase to P7B
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the plan of low-cost housing developer C&P Homes Inc. to raise its authorized capital stock to P7 billion, from P500 million.  


The capital build-up forms part of C&P’s capital and debt restructuring program aimed at cleaning up its books.


C&P said the increase in capital stock would allow it to invest, purchase and own properties that would further boost the company’s operations.


                    [DatePublished] => 2005-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 304660
                    [Title] => Brittany allots P12B for Laguna, Cavite projects
                    [Summary] => Brittany Corp., a sister firm of Camella and Palmera (C&P) Homes, has earmarked P12 billion for the development of an IT (information technology) park and a residential subdivision.


Brittany corporate communications officer Nova Naval said the company is planning to convert a 30-hectare property owned by the Quiros family into a residential subdivision catering to the upper-middle class. The property is situated in Sta. Rosa, Laguna. 


Naval said the project is estimated to cost around P5 billion.


                    [DatePublished] => 2005-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 298937
                    [Title] => C&P Homes to restructure $150-M floating rate notes
                    [Summary] => Low-cost housing builder C&P Homes has approved plans to restructure $150 million of its floating rate notes (FRNs) as part of a wider capital restructuring program.


In a disclosure to the Philippine Stock Exchange, C&P Homes said the restructuring plan, aimed at cleaning up its books, will be presented for approval by its shareholders on Nov. 14. Shareholders on record as of Oct. 10 are qualified to vote on the plan.


The FRNs were issued by C&P Homes International Ltd. and carry a guarantee from the parent firm.


                    [DatePublished] => 2005-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 248198
                    [Title] => C&P Homes cuts losses to P59M
                    [Summary] => Low-cost housing developer C&P Homes Inc. cut its losses by 94 percent last year to P59 million, from P971.73 million in 2002, largely due to cost-cutting measures adopted by management.


In a financial report to the Securities and Exchange Commission, C&P Homes said despite positive operating results, the company still turned in a net loss due to interest charges and higher foreign exchange losses of P1.22 billion. The property developer also booked losses on assets totaling P125.2 million. 


                    [DatePublished] => 2004-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

C&P Homes posts net income of P141M in 2005

By Zinnia B. Dela Peña | May 7, 2006 - 12:00am

C&P Homes Inc., a real estate development firm owned by the family of Sen. Manuel Villar, posted a net income of P141.02 million last year, more than three times the P41.85 million profit reported in 2004. In...

Business

SEC okays C&P Homes’ capital increase to P7B

By Zinnia B. Dela Peña | December 3, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has approved the plan of low-cost housing developer C&P Homes Inc. to raise its authorized capital stock to P7 billion, from P500 million. The capital build-up...

Business

Brittany allots P12B for Laguna, Cavite projects

By Zinnia B. Dela Peña | November 1, 2005 - 12:00am

Brittany Corp., a sister firm of Camella and Palmera (C&P) Homes, has earmarked P12 billion for the development of an IT (information technology) park and a residential subdivision. Brittany corporate communications...

Business

C&P Homes to restructure $150-M floating rate notes

By Zinnia B. Dela Peña | September 28, 2005 - 12:00am

Low-cost housing builder C&P Homes has approved plans to restructure $150 million of its floating rate notes (FRNs) as part of a wider capital restructuring program. In a disclosure to the Philippine Stock Exchange,...

Business

C&P Homes cuts losses to P59M

By Zinnia B. Dela Peña | April 30, 2004 - 12:00am

Low-cost housing developer C&P Homes Inc. cut its losses by 94 percent last year to P59 million, from P971.73 million in 2002, largely due to cost-cutting measures adopted by management. In a financial report...

Business