IN BRIEF: FIH to deliver profit ahead of market expectations
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Investegate |FIH Group PLC Announcements | FIH Group PLC: Appointment of Chief Financial Officer
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MARIANAS E-Land Corp. topped the Department of Public Landsâ evaluation of proposals to lease the property in Marpi that was formerly used by Mariana Resort & Spa.
Aside from E-Land, the other investors that responded to DPLâs request for proposals or RFP were Ocean Bee LLC, Marianas Global Inc., AMCON LLC, Hanmaek Saipan and IH Group.
DPL Secretary Marianne Concepcion-Teregeyo said her department and E-Land are now finalizing the documents to be submitted to the Public Lands Advisory Board, which will then submit a recommendation to the Legislature.
The lease of more than five hectares of public land for commercial purposes requires the approval of three-fourths of the members of the Legislature in a joint session, according to Public Law 15-2.
8 Career Lessons By Creamy Inn, Pizza Inn MD
Salim Eceolaza, a Zimbabwean native, is the managing director of Simbisa Brands, which is behind popular chains like Pizza Inn, Chicken Inn, Creamy Inn, Baker’s Inn, Galitos, Stop&Shop, and Myshop Convenience Stores (at select Oilibya stores), among others.
“I previously worked for PriceWaterhouseCoopers in Harare and New York before moving to London with KPMG for three years,” he says.
In 2010, at age 27, he quit the job and set up a business with a friend in Zimbabwe.
“We set up a stock-broking and corporate finance company, which still exists today. It was not easy. The best piece of advice I received then was to get an office, find a company name, get it online and start. That way, anyone would know where to find me.”