^
+ Follow DOMINGO PLACE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 33617
                    [Title] => FELI mulls P577- M stock rights offer
                    [Summary] => 
            
                    [DatePublished] => 2007-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 372461
                    [Title] => Fil-Estate Land raising capital to P5B
                    [Summary] => 



Property developer Fil-Estate Land Inc. (FELI) is raising its authorized capital stock to P5 billion from P2.8 billion, the company told the Philippine Stock Exchange.


At the same time, FELI said its board approved the subscription by Fil-Estate Management Inc. of up to P550 million as payment for advances to the company.

FELI earlier inked a $12-million loan agreement with Hong Kong-based LIM Asia Alternative Real Estate Fund to accelerate the development of various tourism projects. LIM Asia is a real estate specialist in the Asia-Pacific region.
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 363599 [Title] => Fil-Estate inks $12.5-M loan pact with HK fund [Summary] => Property developer Fil-Estate Land Inc. (FELI) has inked a $12.5-million loan agreement with Hong Kong-based LIM Asia to accelerate the development of the company’s various tourism projects.

LIM Asia is managed by Peter Churchhouse, a real estate specialist in the Asia-Pacific region, and is composed of an alternative real estate fund and an arbitrage fund.

Under the agreement, LIM Asia will subscribe to approximately 80 million Fil-Estate shares at P1 each. FELI will also issue LIM Asia warrants worth P136 million for the loan.
[DatePublished] => 2006-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 360966 [Title] => Fil-Estate eyes $12.5-M facility from HK lender [Summary] => Property developer Fil-Estate Land Inc. said it is in the final stages of negotiations of a revolving credit facility worth $12.5 million with a Hong Kong-based financial institution.

In a disclosure report to securities regulators, FELI said it was entering into the five-year credit facility together with subsidiary Fil-Estate Urban Development Corp.

FELI did not identify the lender.
[DatePublished] => 2006-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 335856 [Title] => Fil-Estate earmarks P1.5B for property dev’t projects [Summary] => Fil-Estate Land Inc. (FELI) is setting aside P1.5 billion for real estate development projects over the next 12 to 18 months, moving to boost its cashflow and regain its status as one of the leading property firms in the country after successfully trimming its debts significantly.

Following the reduction of its debt to just P25 million from a little over P100 million the previous fiscal year, FELI is set to launch eight projects that are expected to provide a stable recurring income for the group.
[DatePublished] => 2006-05-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DOMINGO PLACE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 33617
                    [Title] => FELI mulls P577- M stock rights offer
                    [Summary] => 
            
                    [DatePublished] => 2007-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 372461
                    [Title] => Fil-Estate Land raising capital to P5B
                    [Summary] => 



Property developer Fil-Estate Land Inc. (FELI) is raising its authorized capital stock to P5 billion from P2.8 billion, the company told the Philippine Stock Exchange.


At the same time, FELI said its board approved the subscription by Fil-Estate Management Inc. of up to P550 million as payment for advances to the company.

FELI earlier inked a $12-million loan agreement with Hong Kong-based LIM Asia Alternative Real Estate Fund to accelerate the development of various tourism projects. LIM Asia is a real estate specialist in the Asia-Pacific region.
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 363599 [Title] => Fil-Estate inks $12.5-M loan pact with HK fund [Summary] => Property developer Fil-Estate Land Inc. (FELI) has inked a $12.5-million loan agreement with Hong Kong-based LIM Asia to accelerate the development of the company’s various tourism projects.

LIM Asia is managed by Peter Churchhouse, a real estate specialist in the Asia-Pacific region, and is composed of an alternative real estate fund and an arbitrage fund.

Under the agreement, LIM Asia will subscribe to approximately 80 million Fil-Estate shares at P1 each. FELI will also issue LIM Asia warrants worth P136 million for the loan.
[DatePublished] => 2006-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 360966 [Title] => Fil-Estate eyes $12.5-M facility from HK lender [Summary] => Property developer Fil-Estate Land Inc. said it is in the final stages of negotiations of a revolving credit facility worth $12.5 million with a Hong Kong-based financial institution.

In a disclosure report to securities regulators, FELI said it was entering into the five-year credit facility together with subsidiary Fil-Estate Urban Development Corp.

FELI did not identify the lender.
[DatePublished] => 2006-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 335856 [Title] => Fil-Estate earmarks P1.5B for property dev’t projects [Summary] => Fil-Estate Land Inc. (FELI) is setting aside P1.5 billion for real estate development projects over the next 12 to 18 months, moving to boost its cashflow and regain its status as one of the leading property firms in the country after successfully trimming its debts significantly.

Following the reduction of its debt to just P25 million from a little over P100 million the previous fiscal year, FELI is set to launch eight projects that are expected to provide a stable recurring income for the group.
[DatePublished] => 2006-05-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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