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Century Properties raises P3 billion from bond sale


Published March 2, 2021, 5:00 AM
Real estate developer Century Properties Group, Inc. has raised P3.0 billion in fresh funds from its latest bond offering, P1 billion more than its initial target because the offer was twice oversubscribed.
CPG said the three-year unsecured Peso-denominated fixed rate retail bonds, carrying a coupon rate of 4.8467 percent per annum, were well received by investors that CPG had to exercise its P1.0 billion oversubscription option from a base size of P2.0 billion. 
CPG Chief Finance Officer and Head for Investor Relations Ponciano S. Carreon, Jr. said significant interest in the offering moved the pricing at the tighter end of the marketing spread range. ....

Poncianos Carreon Jr , Marcor Antonio , Ryan Martinl Tapia , Century Properties Group Inc , We At Century Properties Group , China Bank Capital Corporation , Century Properties Group , Finance Officer , Investor Relations Ponciano , New Generation Real Estate , Bank Capital Corporation , சிஇஎன்டியுவ்ஆர்ஒய் ப்ராபர்டீஸ் குழு இன்க் , நாங்கள் இல் சிஇஎன்டியுவ்ஆர்ஒய் ப்ராபர்டீஸ் குழு , சீனா வங்கி மூலதனம் நிறுவனம் , சிஇஎன்டியுவ்ஆர்ஒய் ப்ராபர்டீஸ் குழு , நிதி அதிகாரி , முதலீட்டாளர் உறவுகள் பொன்சியானோ , புதியது ஜெநரேஶந் ரியல் எஸ்டேட் , வங்கி மூலதனம் நிறுவனம் ,

Robbie Antonio resigns from Century Properties Group


Published February 22, 2021, 4:48 PM
Century Properties Group Inc. announced that Jose Roberto “Robbie” R. Antonio has resigned as Co-Managing Director and Member of the Board, effective immediately.
In his letter to the CPG Board on February 20, 2021, Antonio said his departure will allow him to focus on resolving the issues in his privately-owned company – Revolution Precrafted Philippines, its subsidiaries and allied businesses, which was affected by the pandemic.
Jose Roberto “Robbie” R. Antonio
Antonio thanked the board for their support and wished continued success for CPG. The Antonio family controls CPG which was founded by his father Jose E.B. Antonio.
“I know I am making the correct decision to step down from my position in CPG as I will leave it under the very capable leadership of the Board and the professional expertise of its senior management team. This will also allow me to focus on addressing the pressing issues in Revolution and ....

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[Republished] DSA's two-part investigative series into Philippines' Revolution Precrafted


Robbie Antonio, Founder, Revolution Precrafted
February 19, 2021
Editor’s note: Robbie Antonio, the founder of the luxury prefab construction firm Revolution Precrafted, is being probed by the National Bureau of Investigation (NBI) in the Philippines for allegedly duping suppliers and contractors. Meanwhile, DealStreetAsia has received a notice, dated Feb. 1, from Lambert Worldwide, representing Antonio, to take down our investigative articles into the company.
We are republishing the two articles, published on Feb. 21, 2020 and March 2, 2020, as free reads below.
Your support will empower us to do the stories that matter! Consider becoming a subscriber. 
Slow projects, small fundraising dim Revolution Precrafted’s unicorn halo ....

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