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 [...]

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 [...]