James Ryan Jonas

Property company Pro-Friends to IPO in 2014

Another low-cost housing developer is set to issue shares to the public for the first time, following the announcement of Property Company of Friends (Pro-Friends) that they will conduct an initial public offering before the end of the year.

Pro-Friends is a property development company that started in 1999 and has completed 15 projects so far. They focus on the low-cost housing market segment building affordable subdivisions, townhouses and mid-rise condominiums in Cavite, Iloilo and Metro Manila.

Read More

Free PDF ebook: ‘Retire Young, Retire Rich’ by Robert Kiyosaki

In the past years, personal finance advocate Robert Kiyosaki has been giving away free copies of his books.

It may be his way of creating more buzz for his “Rich Dad” line of books and board games or another marketing tactic to promote his more premium coaching sessions. Still, we appreciate getting a copy of a popular personal finance book at no cost.

Read More

Analysis of URC’s acquisition of New Zealand’s no. 1 snack company

On Monday last week, Universal Robina Corp. (URC) announced it is acquiring a New Zealand-based company as part of URC’s bid to become an international snack food player.

URC said it is spending NZ $700 million, roughly equivalent to P26.4 billion, in exchange for a 100% stake in the holding company of Griffin’s Foods Ltd., the number one snack food company in New Zealand.

Read More

Calamity loan for SSS, GSIS members

Eligible members of the Social Security System (SSS) and the Government Service Insurance System (GSIS) who were affected by typhoon Glenda may now avail of a calamity relief package from these institutions.

Read More