Friday, February 9, 2018

Filinvest Land, Inc. (FLI)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Filinvest Land, Inc. (FLI)
Sector
Property
Incorporation Date
Nov 24, 1989
Subsector
Property
Number of employees
1,062 (Group Total)
Board of Directors
Chairman: Jonathan T. Gotianun
Website / E-mail
http://www.filinvestland.com / ir@filinvestland.com
2. Stock Information
Total Assets
141,655,092,000
Market Capitalization
43,649,567,110.80
Total Liabilities
80,166,277,000
Outstanding Shares
24,249,759,506
Retained Earnings
31,125,510,000
Listed Shares
24,470,708,506
Listing Date
Oct 25, 1993
Issued Shares
24,470,708,506
Board Lot
1,000
Free Float Level (%)
38.81%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
FILINVEST DEVELOPMENT CORPORATION
PCD NOMINEE CORPORATION (NON-FILIPINO)
PCD NOMINEE CORPORATION (FILIPINO)
59.42%
28.20%
11.10%
4. Company Descriptions and Business Development
Notes
1. Related companies: FDC, FLI and EW
Overview
FLI has over 50 years of real estate expertise and has developed over 2,500 hectares of land, having provided home/home sites for over 200,000 families. It currently owns a land bank of 2,410 hectares for sustainable future growth. It has 47.5% interest in Clark Mimosa project and 55% stakes in Clark Green City project.

Business
Revenue contribution in 2016 (in million pesos)
Real estate sale
Lease
Others
14,255
3,384
1,800
80.81%
19.18%
0.01%


Real estate segment can be categorized based on price (socialized, high-end, etc), purpose (leisure, industrial, membership, etc) and heights (mid-rise and high-rise). Bulk of the revenue is from middle-income house & lot sales.
Leasing segment includes retail leasing (Festival supermall, Fora mall, etc), office leasing (PBCom Tower, Cyberzone, etc) and others. Office rental accounted for 62% and retail leasing accounted for 38%.
Other income includes equity earning, interest, etc.

Subsidiaries / Associates / Affiliates / Joint Ventures
Filinvest Alabang, Inc. (FAI, 20%), a associate of FLI, is developing 244-hectare Filinvest City.
Festival Supermall
Cyberzone Properties, Inc. (CPI, 60%) owns buildings in Northgate Cyberzone.
Filinvest Asia Corp. (FAC, 60%) owns 50% of PBCom Tower.
Filinvest AII Philippines Inc. (100%) developed 50 hectares Timberland Heights.
Filinvest Mimosa, Inc leased Mimosa Golf Club land for 50 years and will develop the estate.
Filinvest Lifemalls, Inc, (FLC, 100%)
Festival Supermall, Inc. (FSI, 100%)

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