Real Estate Philippines

Century Properties board approves capital increase

Century Properties Group Inc. on Friday announced that its board has approved an increase in its authorized capital stock from 10 billion shares to 18 billion at a par value of P0.53 apiece. In a disclosure to the Philippine Stock Exchange, the company said its board approved the capital increase with the declaration of a [...]

By | May 20th, 2013|Century in the News|

Property developer hikes capex

CENTURY PROPERTIES Group, Inc. plans to ramp up its capital expenditure (capex) this year to as much as P8.2 billion, a 13% jump from last year’s spending, in order to bankroll ongoing construction at four flagship mixed-use projects, the property developer said in its 2012 annual report. “The Group (Century Properties) budgeted between P7,200 million [...]

By | May 6th, 2013|Century in the News|