Robinsons realty firm plans P26.7B IPO for its REIT

Doris Dumlao-Abadilla - Reporter / @philbizwatcher 05/27/2021

MANILA, Philippines—Gokongwei-led Robinsons Land Corp. (RLC) plans to raise as much as P26.7 billion from the initial public offering of a real estate investment trust (REIT) that it will sponsor. According to a registration statement filed with…

CLI’s CEO shares how he built his company

Victor Anthony Silva 07/08/2017

How does one build a successful real estate company in Cebu? For Jose Soberano III, chief executive officer and chairman of Cebu Landmasters Inc. (CLI), there are at least three factors for CLI’s success – how he…

SEC clears Cebu Landmasters P3.8B IPO

PR 05/15/2017

CEBU Landmasters Inc. (CLI), Metro Cebu’s number 1 local housing developer, has obtained the Securities and Exchange Commission’s clearance for its P3.8 billion initial public offering to support its expansion plans. CLI has filed its application with…

Cebu-based developer eyes PSE listing, IPO

Victor Anthony V. Silva 10/18/2016

A Cebu-based property developer is planning to open the company to the stock market and eventually issue an Initial Public Offering (IPO) for the company. Joe Soberano, chairman and chief executive officer of Cebu Landmasters, Inc. (CLI),…

Metro Retail eyes loans to partly fund expansion

Vanessa Claire Lucero 11/06/2015

Initial public offering ‘oversubscribed,’ says BPI Capital exec The expansion of Gaisano-owned Metro Retail Stores Group, Inc. will be supported by available credit lines, a top-ranking executive said. “We’re still very much under-leveraged,” said Frank Gaisano, Metro…

Korean electronics firm to raise P1.2B from IPO

Stephen D. Capillas 11/19/2014

A South Korean-owned semiconductors manufacturer hopes to raise at least P1.2 billion in fresh revenue from its initial public offering (IPO) in Dec. 1 to fund the expansion of their plant in the Clark Freeport Zone in…

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