NEWS & UPDATES
We share with you regular news and updates on our company performance and the progress of our developments.
We share with you regular news and updates on our company performance and the progress of our developments.
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Cebu-based firm CLI gives bonus pay, health kits to workers MANILA, Philippines — Property developer Cebu Landmasters Inc. (CLI) on Thursday said that as construction continues in 10 areas in the Visayas and Mindanao region, it will have the early release of its 14th month pay to its regular workforce, who are mostly based …
Cebu Landmasters, Inc. (CLI) signed last March 5 an ₱8-billion corporate notes facility agreement to finance strategic land acquisitions in new expansion areas of Puerto Princesa, Leyte, Butuan and General Santos as well as cities where it already operates, namely: Cebu, Bohol, Bacolod, Cagayan de Oro and Davao. “Part of the proceeds will also fund …
Continue reading “CLI to issue ₱8 billion worth of corporate notes”
PROPERTY developer Cebu Landmasters Inc. on Tuesday said it expects some P900 million in revenues from its residential development in Dauis, Bohol, targeted at the growing middle market segment in the Visayas and Mindanao. The company said it launched the 204-unit Velmiro Greens Bohol, which it hopes to complete in 2023. The development offers townhouse …
Continue reading “CLI expects P900-million revenues from Bohol project”
CLI declares ₱0.25 cash dividend Visayas and Mindanao (VisMin) residential developer Cebu Landmasters, Inc. (CLI)announced a 25 centavos per share cash dividend on the back of the company’s robust financial performance. Shareholders on record as of April 3, 2020 will be entitled to the dividends and will be paid on April 30, 2020. This is …
PROPERTY developer Cebu Landmasters Inc. (CLI) announced a cash dividend of 25 centavos per share to its shareholders on the back of the company’s robust financial performance. The cash dividend amounting to 25 centavos per share was approved during the Feb. 19, 2020 board meeting held in Citadines Cebu City. Shareholders on record as of …
Continue reading “Property developer declares cash dividend”
In a statement on Monday, the Visayas-Mindanao (VisMin) property firm said that its reservation sales registered at P12.67 billion, higher than the year-earlier P9.6 billion and its target of P12.5 billion. The bulk or 58 percent of the sales came from Cebu City projects. Davao City contributed 15 percent; Cagayan de Oro, 13 percent; Bacolod, …
CEBU LANDMASTERS, Inc. (CLI) is boosting its landbank in key cities in Visayas and Mindanao, as it prepares to ramp up expansion in the next few years. In a statement, the housing developer said it increased its landbank in the region to 1,245,485 square meters (sq.m.), 36% higher year-on-year. CLI said the company is looking …
By: Arianne Suarez, Kathleen de Villa, Marielle Medina – @inquirerdotnet The Philippine real estate industry is bound to get even more exciting in the coming years as the youngblood of prominent families in property development start to make their own legacies in the field. In the recent years, we see more of the younger generation …
Property developer Cebu Landmasters Inc. has signed a deal to develop a P1.5-billion residential condominium project in Iloilo, expanding its footprint in its Visayas-Mindanao bailiwick. CLI signed a joint venture agreement with businessman Alfonso Tan, chair of local construction and property development firm International Builders Corp. (IBC), for the high-rise residential tower on a prime …
Continue reading “Cebu Landmasters expands to Iloilo to develop condo, economic housing”