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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 139374 [Title] => Filinvest plans to sell P2-B receivables to ease debt burden [Summary] => With dwindling earnings, property developer Filinvest Land Inc. (FLI) plans to tap the capital market once more to help service its loan obligations and avoid falling into the same kind of "debt trap" that has caused the collapse of a number of companies, especially real estate firms.
FLI said it plans to sell an additional P2-billion worth of receivables from its reserved housing units as part of a package of measures it is undertaking to reduce its debts.
[DatePublished] => 2001-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 134700 [Title] => Filinvest to issue P1-B long-term papers [Summary] => Filinvest Land Inc. will issue up to P1-billion worth of long-term commercial papers to help service its debts and finance its working capital requirements, the company told the Philippine Stock Exchange.
FLI corporate secretary Dante Ramos said the companys board of directors had authorized the issuance of the debt papers "for purposes of financing the Corporations various development projects as well as the Corporations working capital requirements, including servicing of obligations."
[DatePublished] => 2001-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 130482 [Title] => Filinvest posts lower income [Summary] => Filinvest Land Inc. (FLI) posted a net income of P320 million in the first half of 2001, a 14-percent drop from P374 million in the same period last year as decreased income from other investments and higher operating expenses weighed down the gain in revenues.
Financial documents filed at the Securities and Exchange Commission showed that indicative of the continuing difficult business environment, FLI realized near flat growth in gross profit on sales of subdivision lots and houses, from P496.3 million to P505.3 million.
[DatePublished] => 2001-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FAIRWAYVIEW AND CRYSTAL AIRE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 139374 [Title] => Filinvest plans to sell P2-B receivables to ease debt burden [Summary] => With dwindling earnings, property developer Filinvest Land Inc. (FLI) plans to tap the capital market once more to help service its loan obligations and avoid falling into the same kind of "debt trap" that has caused the collapse of a number of companies, especially real estate firms.
FLI said it plans to sell an additional P2-billion worth of receivables from its reserved housing units as part of a package of measures it is undertaking to reduce its debts.
[DatePublished] => 2001-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 134700 [Title] => Filinvest to issue P1-B long-term papers [Summary] => Filinvest Land Inc. will issue up to P1-billion worth of long-term commercial papers to help service its debts and finance its working capital requirements, the company told the Philippine Stock Exchange.
FLI corporate secretary Dante Ramos said the companys board of directors had authorized the issuance of the debt papers "for purposes of financing the Corporations various development projects as well as the Corporations working capital requirements, including servicing of obligations."
[DatePublished] => 2001-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 130482 [Title] => Filinvest posts lower income [Summary] => Filinvest Land Inc. (FLI) posted a net income of P320 million in the first half of 2001, a 14-percent drop from P374 million in the same period last year as decreased income from other investments and higher operating expenses weighed down the gain in revenues.
Financial documents filed at the Securities and Exchange Commission showed that indicative of the continuing difficult business environment, FLI realized near flat growth in gross profit on sales of subdivision lots and houses, from P496.3 million to P505.3 million.
[DatePublished] => 2001-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Christina Mendez | November 8, 2001 - 12:00am
By Christina Mendez | September 25, 2001 - 12:00am
August 17, 2001 - 12:00am
Recommended
A businessman, tagged as a suspect in the shooting of three people in Calapan City, including the assistant Land Transportation Office district chief, surrendered to the National Bureau of Investigation in Oriental Mindoro yesterday.
8 hours ago
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
1 day ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
1 day ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
2 days ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
3 days ago
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February 12, 2018
- 12:00 am
- 12:00 am
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