Published February 1, 2021, 8:00 AM
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an exponent of Philippine progress.
Kevin L. Tan: Magnate in the Making
It must be hard to imagine what a day – or what a conversation – might be with Kevin L. Tan, the eldest son of tycoon Andrew L. Tan. When Kevin took the helm of Alliance Global Group Inc. (AGI) in 2018, he became the country’s youngest CEO of a multi-billion conglomerate.
January 22, 2021 | 7:01 pm Font Size
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THE Securities and Exchange Commission (SEC) has approved the public offering of Century Properties Group, Inc. of up to P3 billion worth of fixed rate bonds.
In a statement on Friday, SEC said it had given the green light to Century Properties’s registration that covers up to P2 billion of three-year bonds due in 2024. The bonds have an oversubscription option of up to P1 billion pesos subject to certain requirements.
According to the SEC, the company expects to raise up to P2.94 billion from the offer, as long as the oversubscription option is fully exercised.
Published January 1, 2021, 5:00 AM
Century Properties Group Inc. is facing the new year with optimism and aims to overcome challenges through diversification and a focus on sustainability for its real estate projects.
“As we prepare for 2021, Century Properties is ready to take on the year with optimism, guided by the three core principles of Innovation, Resilience and Growth, and Sustainability,” the firm said.
It added that, “The company will continue to re-align its strategies to meet the changing consumer needs and be of better service to its customers.”
Recognizing that there will be economic challenges, CPG said it will “remain strong by diversifying its portfolio for further expansion, while reducing its carbon footprint and creating buildings with the future of the planet in mind.”
Hedera designed by Kenneth Cobonpue.
The property developer has a project that meets the two criteria Batulao Artscapes, designed by world-renowned architect Eduardo Calma and designer Kenneth Cobonpue.
Located in Nasugbu, Batangas, this designer-driven community is nestled on the foothills of Mount Batulao. Shaped by design and grounded in natural beauty, it is the nurturing middle ground that brings one closer to nature while keeping the comforts of the city within reach.
Batulao Artscapes gives meaning to the saying “less is more.” One can work from home with ease then step out to take in the beauty of lush surroundings. Being surrounded by nature allows you to destress and indulge in pursuits while still being able to meet the demands of work.
Published December 16, 2020, 5:30 AM
Century Properties Group Inc. is planning to raise up to P3 billion from a public offering of unsecured fixed-rate peso denominated retail bonds.
In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has approved the plan to offer P2 billion worth of retail bonds with an Oversubscription Option of up to P1 billion.
The firm had also raised P3 billion at the start of the year from its follow-on offering of preferred shares to fund the expansion of its commercial leasing business.
CPG’s largest equity capital markets transaction to date was twice oversubscribed over the P2 billion base issue size, thereby allowing the company to fully exercise its P1 billion oversubscription option.