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Cebu Landmasters earnings fatten in 2022 as economy reopens
Reservation sales expanded 10% year-on-year to P18.09 billion in 2022......»»
Cebu Landmasters [CLI] H1 reservation sales up 14% year-on-year
VisMin real estate developer Cebu Landmasters guided that Q2/21 and H1/21 earnings were both well above the same periods last year in terms of reservation sales......»»
CLI confident of meeting 20% earnings growth
Cebu Landmasters Inc., the listed property developer from Visayas and Mindanao, expects to hit its projected earnings growth of 15 to 20 percent for 2021, according to its CEO Jose Soberano II......»»
CLI Continues to Build New Condos
Despite delays caused by the pandemic, the condominium industry is still lively for Cebu Landmasters Inc. (CLI). CLI said that the continued rise in demand for housing from young professionals and entrepreneurs is key to the sustained growth of the condo market in Cebu, per PNA. CLI also announced in a press briefing that they […].....»»
CLI reservation sales rise 12.4% in 2020
Cebu Landmasters Inc. posted strong growth in reservation sales last year, bucking the industry trend......»»
CLI reservation sales rise in H1
Cebu Landmasters Inc. registered reservation sales of P6.2 billion in the first half, up 29 percent year-on-year......»»
A quick look at the week ahead
This week is scheduled to be a quiet one on the PSE, with only the event of note being the Cebu Landmasters FOO offer kickoff on Tuesday......»»
Cebu Landmasters prices its follow-on offering
Cebu Landmasters set the dividend rates for its P5 billion follow-on offering that will begin selling to the public tomorrow......»»
Cebu Landmasters FOO approved by the PSE
Cebu Landmasters had its follow-on offering of preferred shares approved by the PSE......»»
FACES OF CEBU: Eary Francis Miaga, 26, firefighter
CEBU CITY, Philippines — Nothing but thick black smoke surrounded Eary Francis Miaga as he and his fellow firefighters tried to find a way out of a burning high-rise in Brgy. Kasambagan, Cebu City last year. Despite the life-and-death situation they faced, the firefighters remained calm and kept their eyes open for any opportunity to.....»»
Phinma earnings rise to P1.63 billion on higher enrolment
Diversified investor Phinma Corp. registered its best enlistment year in its education segment in 2023, helping it drive up profit to P1.63 billion with the help of expansion in other industries......»»
Mandtra Residences Showroom Opens In Mandaue City
Cebu Landmasters Inc. (CLI) and Cebu Homegrown Developers Inc. opened Mandtra Residences’ showroom in Casuntingan, Mandaue City. Elegantly designed with an urban tropical style, the high-ceiling showroom includes outdoor and indoor lobbies, a reception area, a meeting room, sales office, a bare studio type unit, and fully-furnished studio and one-bedroom units. CLI Chairman and Chief.....»»
SEC clears CLI’s preferred shares offer
The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»
Fatalities in Mabinay road accident rise to 15
CEBU CITY, Philippines – Another victim of the tragic road accident in Mabinay town in Negros Oriental has died. This increases to 15 the total number of fatalities in the Wednesday afternoon road accident, according to Lieutenant Stephen Polinar, spokesperson of the Negros Oriental Police Provincial Office (NOPPO). ALSO READ: 14 killed, 3 injured in.....»»
CLI secures PCC approval for JV with Singapore builder
Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»
Cebu Landmasters shareholders approve FOO plan
CLI’s application to conduct the FOO is still pending with the SEC......»»
Rama backs P246-billion mega project in SRP
CEBU CITY, Philippines – Cebu City Mayor Michael Rama has backed the proposed P246 billion mega project in the South Road Properties (SRP). He stated, “If this aligns with principles of fairness and correctness, why not?” READ: P200B mega project will soon rise in SRP if … Rama also expressed his support for the proposed.....»»
P200B mega project will soon rise in SRP if …
CEBU CITY, Philippines – A “mega infrastructure project” worth over P200 billion is set to transform the landscape of the South Road Properties (SRP) in Cebu City. This is if a project of a private corporation that it proposed to the city government will be approved. READ: ‘Rotonda’ soon to be constructed along SRP.....»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»