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                    [Title] => SEC okays FLI’s P4-B capital hike bid
                    [Summary] => Despite the ongoing probe of alleged insider trading activities by its major shareholders, property firm Filinvest Land Inc. (FLI) has secured the approval by the Securities and Exchange Commission (SEC) for a P4-billion increase in its authorized capital to cover a windfall 85 percent stock dividend  to shareholders.


The SEC, the same regulatory body investigating the unusual price movement of FLI stocks earlier this year, granted the increase of the company’s authorized capital stock from P6 billion to P10 billion.


                    [DatePublished] => 2002-08-15 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [Title] => FLI declares 100% stock dividend
                    [Summary] => Shareholders of Gotianun-owned Filinvest Land Inc. (FLI) are in for a windfall as the company declared a 100-percent stock dividend in line with a planned increase in authorized capital stock.


FLI Corporate information officer Barbara Aleli Briones said that in last week’s board meeting, the declaration of a 100-percent stock dividend was approved out of the company’s additional paid-in capital and unrestricted earnings to stockholders of record date to be set by the Securities and Exchange Commission.


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CORTE BELLA AND EXCELION

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                    [Title] => SEC okays FLI’s P4-B capital hike bid
                    [Summary] => Despite the ongoing probe of alleged insider trading activities by its major shareholders, property firm Filinvest Land Inc. (FLI) has secured the approval by the Securities and Exchange Commission (SEC) for a P4-billion increase in its authorized capital to cover a windfall 85 percent stock dividend  to shareholders.


The SEC, the same regulatory body investigating the unusual price movement of FLI stocks earlier this year, granted the increase of the company’s authorized capital stock from P6 billion to P10 billion.


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                    [ArticleID] => 159146
                    [Title] => FLI declares 100% stock dividend
                    [Summary] => Shareholders of Gotianun-owned Filinvest Land Inc. (FLI) are in for a windfall as the company declared a 100-percent stock dividend in line with a planned increase in authorized capital stock.


FLI Corporate information officer Barbara Aleli Briones said that in last week’s board meeting, the declaration of a 100-percent stock dividend was approved out of the company’s additional paid-in capital and unrestricted earnings to stockholders of record date to be set by the Securities and Exchange Commission.


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abtest

SEC okays FLI’s P4-B capital hike bid

By Christina Mendez | August 15, 2002 - 12:00am

Despite the ongoing probe of alleged insider trading activities by its major shareholders, property firm Filinvest Land Inc. (FLI) has secured the approval by the Securities and Exchange Commission (SEC) for a P4-billion...

Business

FLI declares 100% stock dividend

April 30, 2002 - 12:00am

Shareholders of Gotianun-owned Filinvest Land Inc. (FLI) are in for a windfall as the company declared a 100-percent stock dividend in line with a planned increase in authorized capital stock. FLI Corporate information...

Business