Filinvest REIT [FILRT 7.57 0.80%] traded with very low volume on the day 10% of shares exited 180-day lock-up. I didn’t expect Filinvest Land [FLI 1.11 1.83%] to trade the shares, but thought I’d mention it to tie up the loose end.
Haus Talk [HTI 1.22] [link] launched development of a high-end project in Quezon City. Despite being just 7 residential units, the company said that it plans to book over P108 million in profit on just P325 million in revenue. That’s a 33% return.
The Keepers [KEEPR 1.42 2.74%] [link] disclosed that it has not spent any of the ~P4.3 billion that it raised during its November follow-on offering. Over 80% of the proceeds were earmarked for “strategic acquisitions” sometime before the end of 2023, so technically, Lucio Co still has some time.
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