Filinvest Land is not a subsidiary of GT Capital

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Filinvest Land News

I incorrectly referred to Filinvest Land [FLI] as a subsidiary of GT Capital [GTCAP] in my Friday write-up [link] about GTCAP’s potential interest in launching a REIT from its unlisted subsidiary, Federal Land Inc. FLI is a subsidiary of the Filinvest Development Corporation [FDC] of the Gotianun Family.

I don’t always get the chance to write at my laptop, so sometimes I’m writing from my phone while waiting in a building or stuck in traffic. When I do that, I sometimes refer to the companies in the story in shorthand by using their ticker symbols to limit the amount of fighting that I need to do with autocorrect. That’s what I did when writing this story, so I referred to GTCAP and then to its subsidiary, , as “FLI” – just as GTCAP referred to it in the disclosure that I was covering.

Italpinas Development disclosed that it entered into a joint venture with the owners of a two-hectare lot in Puerto Princesa,...

Source: Loan Digest (loandigest.net)

Gt Capital

 

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