Listed Global-Estate Resorts Inc. (GERI) has reduced its capital expenditures (capex) for this year by 38 percent to P4 billion from P6.5 billion.
During the company’s virtual stockholders’ meeting on Friday, GERI President Monica Salomon said the company would observe financial discipline to ensure its financial stability through prudent cash management and operational efficiency.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.