Array
(
    [results] => Array
        (
            [0] => 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] => 
                )

            [1] => 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] => 
                )

            [2] => Array
                (
                    [ArticleID] => 372461
                    [Title] => Fil-Estate Land raising capital to P5B
                    [Summary] => 



Property developer Fil-Estate Land Inc. (FELI) is raising its authorized capital stock to P5 billion from P2.8 billion, the company told the Philippine Stock Exchange.


At the same time, FELI said its board approved the subscription by Fil-Estate Management Inc. of up to P550 million as payment for advances to the company.


FELI earlier inked a $12-million loan agreement with Hong Kong-based LIM Asia Alternative Real Estate Fund to accelerate the development of various tourism projects. LIM Asia is a real estate specialist in the Asia-Pacific region.


                    [DatePublished] => 2006-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

ASIA ALTERNATIVE REAL ESTATE FUND

Array
(
    [results] => Array
        (
            [0] => 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] => 
                )

            [1] => 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] => 
                )

            [2] => Array
                (
                    [ArticleID] => 372461
                    [Title] => Fil-Estate Land raising capital to P5B
                    [Summary] => 



Property developer Fil-Estate Land Inc. (FELI) is raising its authorized capital stock to P5 billion from P2.8 billion, the company told the Philippine Stock Exchange.


At the same time, FELI said its board approved the subscription by Fil-Estate Management Inc. of up to P550 million as payment for advances to the company.


FELI earlier inked a $12-million loan agreement with Hong Kong-based LIM Asia Alternative Real Estate Fund to accelerate the development of various tourism projects. LIM Asia is a real estate specialist in the Asia-Pacific region.


                    [DatePublished] => 2006-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Fil-Estate income drops to P4.4M in Oct-Dec

By Zinnia B. Dela Peña | March 6, 2007 - 12:00am

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...

Business

Fil-Estate allots P2.5-B capex for this year

By Zinnia B. Dela Peña | January 12, 2007 - 12:00am

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...

Business

Fil-Estate Land raising capital to P5B

By Zinnia B. Dela Peña | November 30, 2006 - 12:00am

Property developer Fil-Estate Land Inc. (FELI) is raising its authorized capital stock to P5 billion from P2.8 billion, the company told the Philippine Stock Exchange. At the same time, FELI said its board...

Business