+ Follow AFRICA-ISRAEL INVESTMENTS LTD Tag
AFRICA-ISRAEL INVESTMENTS LTD
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[ArticleID] => 372659
[Title] => Filinvest Land posts 29% profit hike
[Summary] =>
Gotianun-owned property developer Filinvest Land Inc. (FLI) reported a 29-percent jump in its net income for the first nine months of the year to P622 million, from P482 million the same period a year ago, on higher revenue contributions from affiliate Filinvest Alabang Inc. (FAI).
Last Sept. 29 FLI acquired the ownership interest of FAI and Filinvest Asia Corp. in three major properties in Metro Manila-PBCom Tower, Festival Supermall, and Northgate Cyberzone. The acquisition has allowed FLI to diversify its revenue base.
[DatePublished] => 2006-12-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 361113
[Title] => Filinvest Land, Israeli firm close P2.5-B deal on Timberland Heights
[Summary] => Filinvest Land Inc. (FLI) has closed a P2.48-billion deal with Africa Israel Investments (Phils.) Inc. (AIIPI) to jointly develop the remaining phases of the 613-hectare Timberland Heights masterplanned township in San Mateo, Rizal.
In a disclosure to the Philippine Stock Exchange, FLI said the execution of the joint venture agreement was authorized by its board of directors and disclosed to the corporation’s stakeholders on Sept. 13, 2006.
Under the transaction, AIIPI will be a 40 percent partner in the development.
[DatePublished] => 2006-10-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 358002
[Title] => Israeli investment fund to infuse P2.5B in Filinvest township project
[Summary] => Africa-Israel Investments (Philippines) Inc. (AIIPI) plans to invest up to P2.48 billion over the next five years in Filinvest Land Inc.’s 613-hectare Timberland Heights masterplanned township in San Mateo, Rizal.
In a disclosure to the Philippine Stock Exchange, FLI said it signed yesterday an agreement with AIIPI for the joint development of various residential and leisure projects in a 58.2-hectare portion in Timberland Heights. AIIPI will be a 40-percent partner in the development.
[DatePublished] => 2006-09-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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