ENTITY

Filinvest Development (FDC PM)

23

Analysis

Real Estate • Philippines

Filinvest Development Corporation engages in the real estate; banking; farming, milling, and trading of sugar; hotel; and energy businesses in the Philippines. Its Real Estate segment acquires land, and plans and develops integrated residential and commercial communities; develops and sells residential and commercial lots; develops and leases retail and office space and land; constructs and sells residential housing and condominiums, and office buildings; develops farm estates, industrial, and business parks; operates cinema and malls; and provides property management services. The company�s Banking and Financial Services segment provides commercial banking operations comprising savings and time deposits in pesos and foreign currencies; commercial mortgage and agribusiness loans; payment services, fund transfers, international trade settlements, and remittances from overseas workers; trust and investment services, such as portfolio management, unit funds, trust administration, and estate planning; and safety deposit facilities. Its Sugar Operations segment operates agricultural lands for planting and cultivating farm products; and a sugar central for the purpose of milling or converting sugar canes to centrifugal or refined sugar. The company�s Hotel Operations segment engages in the operation of hotels, including management of resorts, villas, service apartment, and other services for guests. Its Power Generation Operations segment is involved in the establishment, construction, operation, and supply of power to offtakers. The Other Operation segment engages in the operation, management, maintenance, and rehabilitation of waterworks and sewerage system. The company was incorporated in 1973 and is based in Taguig, the Philippines. Filinvest Development Corporation operates as a subsidiary of A.L. Gotianun, Inc.

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•15 Nov 2016 23:38

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bullish•Thematic (Sector/Industry)

•18 Oct 2016 12:47

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bullish•Thematic (Sector/Industry)

•20 Sep 2016 14:21

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bullish•Thematic (Sector/Industry)

•03 Dec 2015 17:40

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