^
+ Follow NASUGBU HARBOR TOWN Tag
NASUGBU HARBOR TOWN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 416192
                    [Title] => SM clarifies news on Batangas proj
                    [Summary] => 

M Investments Corp. (SM) said that the company and its subsidiaries are not forging any agreement with Fil-Estate Land, Inc. (FELI) for the joint development of Nasugbu Harbor Town.

[DatePublished] => 2008-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 388085 [Title] => Fil-Estate income drops to P4.4M in Oct-Dec [Summary] => Fil-Estate Land Inc. (FELI) reported a net income of P4.4 million in the first quarter of its current fiscal year, lower than the previous level’s P4.84 million, mainly due to higher expenses.

In a financial report filed with the Philippine Stock Exchange, FELI said revenues amounted to P62.18 million in October to December 2006, down 26.17 percent. Of this amount, P31 million came from the sale of residential subdivision lots in Forest Hills in Antipolo, Puerto Real de Iloilo in Iloilo, Riverina in San Pablo City and Plaridel Heights in Bulacan.
[DatePublished] => 2007-03-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 380059 [Title] => CAP to emerge from rehab earlier than projected [Summary] => Cash-strapped pre-need firm College Assurance Plans (CAP) has expressed confidence it can get out of rehabilitation earlier than the projected eight-year period, according to a company official.

CAP director Robert John Sobrepeña said the company is banking on revenues to be generated from projects it co-owns with property developer Fil-Estate Land Inc. With the continued property boom, CAP expects to get back on its feet in four or five years.
[DatePublished] => 2007-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 379544 [Title] => Fil-Estate allots P2.5-B capex for this year [Summary] => Fil-Estate Land Inc. (FELI) has earmarked P2.5 billion for its capital expenditures this year, which include the development of ongoing and new projects, as it hopes to capitalize on the booming property sector, fueled by low interest rates and robust remittances from overseas Filipino workers.

FELI chairman Robert John Sobrepeña said the company, which is now debt-free after wiping out all its bank debts, is intent on pursuing the development of several large-scale projects this year to generate more revenues.
[DatePublished] => 2007-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 261818 [Title] => SEC upholds creation of body to oversee operations of CAP [Summary] => The Securities and Exchange Commission (SEC) has uphold its order creating an oversight committee to oversee the operations of leading pre-need firm College Assurance Plan Philippines Inc. (CAP), despite the latter’s objections.

The SEC explained that the oversight committee is necessary to monitor CAP’s operations and map out ways to address the firm’s trust fund deficiency.
[DatePublished] => 2004-08-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 258048 [Title] => Third party to appraise real estate assets of CAP [Summary] => The Securities and Exchange Commission (SEC) will meet with the trustee banks of College Assurance Plan Phils. Inc. (CAP) to discuss whether they could adjust the valuation of the pre-need firm’s assets.

SEC Chairman Lilia R. Bautista said the trustee banks have agreed to hire a third party appraiser to come up with a fair value of CAP’s real estate properties.

This after CAP asked for a higher valuation of its real estate properties in its trust fund.
[DatePublished] => 2004-07-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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