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Filinvest Land, Inc.
|Filinvest Land, Inc. (FLI) was incorporated on November 24, 1989 as Citation Homes, Inc. to engage in real estate development. The Company later changed its name to the present one on July 12, 1993, and started commercial operations a month later after Filinvest Development Corporation, the Parent Company, spun off its real estate operations and transferred all related assets and liabilities to FLI in exchange for shares of stock of FLI.
FLI's business segments are divided between real estate and leasing. The real estate segment is primarily composed of socialized, affordable, middle-income, high-end housings, townships, residential farm estates, private membership club, residential resort development, medium and high-rise buildings, and condotels. Meanwhile, the Company's leasing segment is composed of retail and office leasing.
In September 2015, FLI won the bid for the right to own 55% of the Joint Venture Company with the Bases Conversion and Development Authority that will be tasked to develop, market, manage and lease the first phase of Clark Green City. The first phase refers to 288 hectares of land that will form part of the new mixed use metropolis rising in Northern Luzon adjoining Clark Freeport Zone and Clark International Airport.
FLI's subsidiaries consist of Filinvest AII Philippines, Inc, Cyberzone Properties, Inc., Filinvest Cyberparks, Inc., Filinvest Asia Corporation, Homepro Realty Marketing, Inc., Property Maximizer Professional Corp., Leisurepro, Inc., Property Specialist Resources, Inc., Festival Supermall, Inc., FSM Cinemas, Inc., Philippine DCS Development Corporation, and Countrywide Water Services, Inc.
Source: SEC Form 17-A (2015)
|Incorporation Date||Nov 24, 1989|
|Number of Directors||9|
|Stockholders' Meeting as per By-Laws||May - second Friday except holidays|
|Fiscal Year||12/31 (Month/Day)|
|External Auditor||SyCip, Gorres, Velayo & Company|
|Transfer Agent||Stock Transfer Service, Inc.|
|Business Address||79 Edsa, Brgy. Highway Hills, Mandaluyong City|
|Telephone Number||7270431 / 7256328|
|Fax Number||7270431 loc. 245|