C00222-2022 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Use of Proceeds generated from the Initial Public Offering (IPO) of Filinvest REIT Corp. ("FILRT") pursuant to the Reinvestment Plan of Filinvest Land, Inc. ("FLI"), as Sponsor of FILRT. |
Background/Description of the Disclosure |
Progress Report on the Application of Proceeds as of December 31, 2021, duly certified by external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan of FLI, as Sponsor of FILRT. |
Update or Status of the Reinvestment Plan |
As of December 31, 2021, the remaining balance of proceeds from FILRT IPO amounts to Nine Billion Six Hundred Ninety Million Four Hundred Ninety Five Thousand Three Hundred Thirty Two Pesos and Seventy Eight Centavos (Php 9,690,495,332.78). |
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Please see attached file. |
Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Axis Three - Office building located in Northgate Cyberzone |
Other Relevant Information |
None. |
Name | Sharon Refuerzo |
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Designation | Corporate Secretary and Corporate Information Officer |