The Social Security System (SSS) has accredited a thrift bank operating in Visayas and Mindanao (VisMin) as one of its partners under its housing and business loan programs to provide accessible credit to members and employers in the southern areas of the country. Pedro T. Baoy, SSS vice president of the Lending and Asset Management […]
- News/Press Release
Philippine Stock Exchanges
PDEX local debt market caps 2015 with Sta. Lucia Land's maiden listing, Php 4 billion fixed rate bonds due 2018 and 2021
Makati Philippines, 22 December 2015 – Sta. Lucia Land, Inc. (SLI) brings to the local debt market its maiden issuance and listing, the PHP 4 Billion Fixed Rate Bonds Series A Due 2018 and Series B Due 2021. SLI Series A and Series B Fixed Rate Bonds, which have been rated AA+ by Credit Rating […]
We like SLI for its wide real estate footprint, diversified project portfolio, profitable joint-venture business model, growth potential, and attractive stock valuation,” said analyst Lawrence Aaron D. de Leon.
Sta Lucia Land Inc. (SLI) more than doubled its net income of P 426 Million for the 3 rd quarter of the year, 112% higher than its year-ago level of P 201 Million. Gross revenues from real estate sales increased by 94% while accompanying cost and expenses grew by only 35%. The growth was mainly […]