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Filinvest Land
Filinvest Development Corporation () is the publicly listed holding company for the various firms in the Filinvest group. It was established in 1955 in the Philippines by Andrew L. Gotianun Sr. and his wife, Mercedes Gotianun, as a used-car financing company. It has holdings in real estate development and leasing, the sales of housing units, and hotel and resort management, banking and financial services, sugar and power. It is based in Metro Manila, Philippines, and is owned by the Gotianun family. Filinvest Development Corporation is involved in the hotel and tourism industry, and owns the hotel brands Crimson and Quest, the latter of which is a new value-brand hotel. In September 2014, it was reported that it planned on opening 5,000 hotel rooms within five years. At that time, company officials stated that it had over 1,000 hotel rooms. During this time it was also reported that the company was building seven hotels, two of which will be under the new Quest value brand. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Andrew Gotianun
Andrew Lo Gotianun Sr. (; November 24, 1927 – March 10, 2016) was a Filipino businessman and investor. He was best known for running Filinvest Development Corporation, a major Filipino conglomerate which owns most of Filinvest Land, Inc. and East West Banking Corporation. Gotianun also focused on biofuels and has acquired two sugar mills and a plantation. As of 2008, his fortune had decreased sharply to $235 million, a result of the global financial downturn. However, his fortune climbed back to over $1 billion in 2014, according to Forbes. Business Gotianun made a living from salvaging ships at the end of the Second World War. Several years later, he became involved in an automobile dealership. Later, in 1955, he founded Filinvest Development Corporation a company which became engaged in real estate in 1967. Gotianun and his wife, Mercedes, temporarily retired from business activities in the 1980s but returned a short time later, with a plan to make improvements to the corpo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |