Phinma Properties Sets 2015 Capex at PhP2B
Phinma Property Holdings Corp. (Phinma Properties) is boosting its capital spending this year to nearly PhP2 billion in a bid to wrap up six new projects and to cater to the demands of the new “Fil-Am” market.
Willie J. Uy, Phinma Properties president, said the company is allotting PhP1.9 billion in capital expenditures this year compared to the PhP800 million to PhP900 million actual spending last year due to its six ongoing projects this year.
Source: The Manila Times