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Megaworld, Filinvest, Vista Land boost profits

Megaworld, Filinvest, Vista Land boost profits.....»»

Category: financeSource: thestandard thestandardMay 16th, 2019

Filinvest Land income rises 24%

FILINVEST Land, Inc. (FLI) booked a 24% increase in earnings in the January to March period on the back of strong rental and real estate revenues......»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2019

Villar’s VLL nets P2.85 billion in 1st quarter

VILLAR-LED Vista Land and Lifescapes, Inc. (VLL) posted an attributable profit of P2.85 billion in the first quarter of 2019, 12% higher year on year......»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2019

Filinvest Land nets P1.84B

Gotianun-led property developer Filinvest Land Inc. (FLI) posted a 24-percent year-on-year expansion in first quarter net profit amounting to P1.84 billion, driven by a double-digit growth in earnings.....»»

Category: newsSource:  philippinetimesRelated NewsMay 15th, 2019

Vista Land nets P2.9B

Villar group-led Vista Land & Lifescapes (VLL) chalked up P2.9 billion in first quarter net profit, up by 12 percent year-on-year on higher contribution from residential development and leasing busine.....»»

Category: newsSource:  philippinetimesRelated NewsMay 15th, 2019

UP, UE share 2019 s king of recruiting crown

Who was our King of Recruiting in 2018? Find out here. --- Last season, the University of the Philippines, at long last, broke through in the UAAP. Behind the leadership of Paul Desiderio and key contributions from Season MVP Bright Akhuetie and Mythical selection Juan Gomez de Liano, the Fighting Maroons made their first Final Four since 1997 and first Finals in 32 years. Now, even without the iconic Desiderio, State U is nothing but confident it could build on its breakthrough. The reason? Well, because two of the brightest young stars in Kobe Paras and Ricci Rivero are now orbiting Diliman. Paras has all the physical tools to take any league by storm and now in maroon and green, he is out to continue the legacy of his father Benjie who delivered the school’s first and only championship. Meanwhile, the Euro-stepping Rivero already knows a thing or two about taking the UAAP by storm, having been chosen for the Mythical Team when he was still playing for De La Salle University in 2017. Add big man J-Boy Gob, another transferee, to that and, indeed, UP is only equipped to keep contending. On the strength of the transfers of Paras and Rivero alone, the Fighting Maroons would have been worthy of the title of 2019 King of Recruiting. Right up there with them, though, in terms of getting a big boost in the offseason is University of the East. Absent from the Final Four in the last decade, the Red Warriors will be heading into the upcoming season with a fully stocked arsenal. Now up front for them – alongside stalwart Philip Manalang, of course – will be 6-foot-9 Senegalese Adama Diakhite, three-time champion and two-time MVP in the CESAFI Rey Suerte, and college-ready Harvey Pagsanjan, the no. 7 high school player in the 2019 NBTC 24. Diakhite is a hulking presence who will prove to be a tough matchup even for the likes of reigning MVP Akhuetie and last year’s Rookie of the year Ange Kouame. Suerte, a gifted scorer from anywhere on the court, fills right into the hole left behind by scoring dynamo Alvin Pasaol while Pagsanjan can continue making all the right plays he had been doing as the longtime beacon of hope for Hope Christian High School. Also flanking them are former Ateneo de Manila University forward John Apacible, defensive stopper Neil Tolentino, Filipino-Kiwi swingman Richie Rodger, and Filipino-Australian point guard Jasper Rentoy. And with that, UP and UE will have joint custody of the crown of the 2019 King of Recruiting. They dethrone National University which claimed the crown a year ago behind a big-time recruiting class that included Ildefonso brothers Dave and Shaun, John Lloyd Clemente, and John Galinato. Just like last year, there remains no doubt that the new Fighting Maroons and Red Warriors will make their respective sides forces to reckon with come UAAP 82. Still, several squads also made it a point to be better in the offseason. In fact, the graduating players in the 2019 NBTC 24 have been spread out among eight different teams. From the 2019 NBTC 24, the annual ranking of the best high school players in the country, 14 are moving on up to the Seniors. Adamson University is the biggest winner in terms of recruits from that ranking, with three of the top 15 players now in San Marcelino. Ninth-ranked Aaron Fermin is a double-double machine in the NCAA Jrs. and is nothing but determined to realize his potential as a two-way force under multi-titled mentor Franz Pumaren. In CESAFI standout Joshua Yerro and UAAP Jrs. Mythical selection Joem Sabandal, coach Franz also has young blood to bolster the backcourt that will no longer have Koko Pingoy. The Soaring Falcons also scored four other former Baby Falcons in big man Lorenz Capulong and wings Adam and Andrey Doria and AP Manlapaz. When it comes to reaping the rewards of its high school program, though, nobody could still touch Mapua University which again got two keep its Jrs. studs in Clint Escamis and Dan Arches, both of whom made it into the top two-thirds of the 2019 NBTC 24. Escamis and Arches are offensive guards who will give much-needed firepower to a promising core comprised of fellow Mapua HS products Warren Bonifacio, Eric Jabel, Noah Lugo, and Laurenz Victoria. Also, the Cardinals are the favorites to land NCAA 94 Jrs. Finals MVP Paolo Hernandez, another Red Robin. Also bagging two prized prospects from the 2019 NBTC 24 is La Salle which is now the place where the talented tandem of Joel Cagulangan and Joshua David get to work. Cagulangan has long been a star in the making and the NCAA 94 Jrs. MVP is, without question, Taft Avenue’s point guard of the future. The even better news is that he will still have wingman David, a tried and tested glue guy, to grow with. Also set to debut for the Green Archers are Filipino-Americans Jordan Bartlett, a speedster guard; Tyrus Hill, a high-flying forward; and Kurt Lojera, a big-bodied swingman. In all, there are six graduates from the top 10 of the 2019 NBTC 24. All of them would be on different teams in the Srs. Two players from 2019 NBTC 24 are yet to commit to any school, but there is no doubt that Red Robin Hernandez and Greenie Inand Fornilos will be able additions to any collegiate team. For the second straight year, Aldin Ayo will be adding a top three recruit out of high school as incoming sophomore CJ Cansino will now join forces with another triple-doubling talent in Mark Nonoy, a rookie who plays way beyond his years. But wait, there’s more as UST also welcomes with open arms its newest foreign student-athlete in Beninese Soulemane Chabi Yo whose speed and skill will make him a problem for the other foreign student-athletes more used to being powerhouses. Sprinkle in stretch four Sherwin Concepcion as well as versatile forwards Rhenz Abando and Brent Paraiso and there’s a reason why the Growling Tigers are now very much a darkhorse contender. L-Jay Gonzales and RJ Abarrientos remain FEU’s backcourt for tomorrow, but in the meantime, the former is poised for a breakout just as the latter is poised to wrap up his K-12 schooling. Yes, Abarrientos is not yet good to go come UAAP 82, but his steady hand is still the perfect pairing for the burst of energy that is Gonzales. Make no mistake, however, the Tamaraws have gotten help in the form of 6-foot-10 Cameroonian Patrick Tchuente as well as former Baby Tams Daniel Celzo and Jack Gloria. Letran is already the biggest it has ever been up front with NCAA 94 Rookie of the Year Larry Muyang alongside Jeo Ambohot, Christian Balagasay, and Christian Fajarito. Now, the Knights have also beefed up at the wings with Allen Mina and Mark Sangalang as well as former Red Warrior and Growling Tiger Jordan Sta. Ana. LPU will have to prove it could continue contending even without NCAA 93 MVP CJ Perez, but the good news is that now backtopping Marcelino twins Jaycee and Jayvee are former San Sebastian College-Recoletos key cogs Alvin Baetiong, Jayson David, and Renzo Navarro. That’s still a pretty solid lineup in our books. Just like last year, the now two-time UAAP champions are mostly intact, only losing team captain Anton Asistio as well as reserve guard Aaron Black. That doesn’t mean, however, that there are no new faces in Ateneo. Geo Chiu, Kai Sotto’s twin tower, decided to stay in Katipunan just as fellow ex-Blue Eaglets RV Berjay and Jason Credo are now seeing minutes in head coach Tab Baldwin’s rotation. And oh, there is a possibility that double-double machine Fornilos, who placed no. 13 in the 2019 NBTC 24, is bound to be a Blue Eaglet. Perps is nothing but determined to build on the triumphant return to the NCAA of head coach Frankie Lim and to do that, they will be leaning on former San Beda University pillar Ben Adamos as well as ex-Adamson HS workhorse Jefner Egan. Count out the Altas at your own risk. JRU is just on the first phase of a grand rebuild, but there is no doubt that things are looking up for Kalentong. In John Amores, they now have an end-to-end force who is all set to make an immediate impact as a rookie. These are the new names to watch for the teams: Baste CSB National U San Beda --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsMay 3rd, 2019

Higher profits provide a boost to BDO stock

THE Sy-led BDO Unibank, Inc. was one of the most actively traded stocks last week as market players reacted to its first-quarter earnings report......»»

Category: newsSource:  bworldonlineRelated NewsApr 28th, 2019

Robinsons Land sees 7.9% boost in 2016 income

Robinsons Land sees 7.9% boost in 2016 income.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2017

Hello, Cleveland: Indians welcome slugger Encarnacion

TOM WITHERS, AP Sports Writer br /> CLEVELAND (AP) — With his family watching proudly, Edwin Encarnacion stood in front of his new locker inside Cleveland's clubhouse, pulled on a fitted cap and slowly buttoned the front of his white No. 10 jersey. Once finished, he pointed to the 'Indians' logo on his chest and flashed a huge smile as cameras clicked. It felt seamless. 'He's a perfect fit for our team,' Indians president Chris Antonetti said Thursday. In so many ways. The Indians, accustomed to being outspent for high-priced free agents winter after winter, introduced Encarnacion, a premium player for the middle of their lineup who will boost attendance and maybe help them win the World Series. One of baseball's most productive hitters over the past five years, Encarnacion finalized a $60 million, three-year contract — the richest in Cleveland history — with a team that got to Game 7 of the Series last season. Encarnacion's deal would be worth $80 million over four years if the Indians exercise a $25 million option for 2020 that includes a $5 million buyout. There are also attendance bonuses built in as both the Indians and Encarnacion's agent, Paul Kinzer, recognized the three-time All-Star's ability to spin turnstiles. 'He's a quiet guy that just goes out and grinds every day,' Kinzer said. 'This is a blue-collar town and he's a blue-collar guy. Cleveland is going to love him.' Encarnacion averaged 39 homers and 110 RBIs over the past five seasons with Toronto, which made it to the AL Championship Series last season only to be eliminated in five games by the Indians. Encarnacion, who turns 34 on Saturday, watched Cleveland's players celebrate at Rogers Centre that day in October not ever imagining he would be joining them a little more than two months later. But while he figured to land with Boston or Texas or in another major market, Cleveland's pitch was the most persistent. And although the first baseman and designated hitter could have made more money elsewhere, Encarnacion wanted to join a winner. The Indians, with one of the majors' best pitching staffs and a lineup featuring young stars in Francisco Lindor and Jason Kipnis, are positioned to contend for years. 'That's why I came here,' Encarnacion said. 'I believe in this team and I know we can win the World Series with the talent that we have.' The Indians' courtship of Encarnacion began with owner Paul Dolan's commitment to building on the momentum created by the team's AL Central title and first Series appearance since 1997. Cleveland was boosted by cleanup hitter Mike Napoli, who set career highs in homers and RBIs during his one season with the Indians. There were better options available and, after deciding not to re-sign Napoli, the Indians focused on Encarnacion, who hit 42 homers and drove in 127 runs last season. Antonetti didn't have to sell Dolan on Encarnacion's obvious talents. The challenge was convincing him that the slugger was worth a long-term financial obligation. 'It took a lot of work to make that happen, both compromises from our side and compromises from Edwin's side to make this fit and be the right fit for both teams,' Antonetti said. 'And it took a great leap of faith by ownership to make that extraordinary investment.' It also took some clever negotiating. As the sides were nearing a deal, Oakland made a $50 million, two-year offer that caused the Indians to counter. Kinzer proposed an attendance clause, a suggestion Antonetti initially wasn't sure was possible. 'That was a way to bridge the gap,' Kinzer said. 'When Edwin went on that run five years ago, Toronto was at 1.9 (million) in attendance. Now, they're at 3.4. Well, if Edwin contributes to that, then we should be rewarded for it.' Encarnacion gets a $5 million signing bonus, half payable on May 1 and the rest Aug. 1, and salaries of $13 million this year, $17 million in 2018 and $20 million in 2019. The Indians agreed and Encarnacion has already made an impact, as the team has sold more than $1 million in season tickets since he agreed to the deal on Dec. 22. He would earn bonuses of $150,000 each when the Indians reach 2 million, 2.15 million, 2.3 million, 2.5 million and 2.75 million in home attendance. He can make another $250,000 for 3 million. Once the deal's parameters were settled, Antonetti and Kinzer then had to maneuver around some family holiday obligations. As they neared an agreement, Kinzer was at Six Flags Amusement Park in Atlanta with his grandchildren to see Santa Claus, while Antonetti was attending a performance of 'The Little Mermaid' with his wife and two daughters. Antonetti ducked in and out of the theater's auditorium before closing the biggest deal in team history during a break between two songs from the musical. 'We were somewhere between 'Under the Sea' and 'Part of Your World,' he said with a smile. 'It was a great performance.' The Indians can take a bow for theirs, as well. .....»»

Category: sportsSource:  abscbnRelated NewsJan 6th, 2017

Vista Land allots P5.1 B capex for 2017

MANILA, Philippines - Vista Land & Lifescapes Inc., the Villar family’s mall and property developer, is pouring in P5.1 billion for capital expenditures.....»»

Category: financeSource:  philstarRelated NewsDec 29th, 2016

Vista Land gets P5.2-b funding for ’17 capex

Vista Land gets P5.2-b funding for ’17 capex.....»»

Category: financeSource:  thestandardRelated NewsDec 29th, 2016

Vista Land spending P18 B for new malls

MANILA, Philippines – Vista Land & Lifescapes Inc., the leading property developer of the Villar family, is pouring in P18 billion from 2017 to 2018 to b.....»»

Category: financeSource:  philstarRelated NewsNov 27th, 2016

Corporate News: Vista Land sets aside P18B for mall expansion

VISTA LAND & Lifescapes, Inc. is investing P18 billion to develop 10 more shopping malls within the next two years, as the property developer continues to expand its recurring income base......»»

Category: financeSource:  bworldonlineRelated NewsNov 27th, 2016

Vista Land allots P18b for 10 malls

Vista Land allots P18b for 10 malls.....»»

Category: financeSource:  thestandardRelated NewsNov 27th, 2016

Filinvest Land investing P5b to redevelop Mimosa

Filinvest Land investing P5b to redevelop Mimosa.....»»

Category: financeSource:  thestandardRelated NewsNov 27th, 2016

Ayala, Filinvest eye Middle East projects

MANILA, Philippines – Real estate giants Ayala Land Inc. (ALI) and Filinvest Land Inc......»»

Category: financeSource:  philstarRelated NewsNov 23rd, 2016

FLI plans P30-B bond offer

MANILA, Philippines – Filinvest Land Inc......»»

Category: financeSource:  philstarRelated NewsNov 22nd, 2016

Starmalls brings up profit 53% in 9 months

MANILA, Philippines - Starmalls Inc., the commercial arm of the Villar family’s Vista Land & Lifescapes Inc., sustained double-digit growth in net income.....»»

Category: financeSource:  philstarRelated NewsNov 17th, 2016

Vista Land’s profit climbs 11% to P6.4b

Vista Land’s profit climbs 11% to P6.4b.....»»

Category: financeSource:  thestandardRelated NewsNov 14th, 2016

Vista Land’s January-September income up

MANILA, Philippines - Vista Land & Lifescapes Inc., the Villar family’s leading integrated developer, grew its net income to P6.4 billion in the nine mon.....»»

Category: financeSource:  philstarRelated NewsNov 14th, 2016

Vista Land 9-mth net income rises to P6.4B

Vista Land 9-mth net income rises to P6.4B.....»»

Category: newsSource:  manilatimes_netRelated NewsNov 14th, 2016