Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Sunday, July 7, 2013

Vanity’s not fair?

Why was this article less favored back home and thought to be "exaggerated?"  How exaggerated was it?  Those of us at Soho Central, South of Market (SOMA) and Bel-Air Soho would be more than willing to give anyone a tour of where all the money comes from for Century Properties.  Let us show you how exaggerated the hype is in reality.

When not at the stockholders meeting, did anyone question the spending in relation to the company's image?  After all, is not the stock price linked to the ad image and not to the product itself?  Also, in past pieces in the news I see that schools were mentioned in the US and none in the Philippines.  Did any stockholders ask what degrees were awarded and when to the officer?  Not only Bachelors and Masters but high school?  I cannot find specifics.

Biz Buzz

By the staff
Philippine Daily Inquirer




Vanity’s not fair


"Last month’s Vanity Fair spread detailing a $15-million residence and a $3-million self-portrait collection of Jose Roberto Antonio, son of Century Properties Group founder Jose E.B. Antonio, might have been a big hit to its readers, but it appears the article was less favored back at home.

Sources close to Antonio told Biz Buzz that the figures in the article, which disclosed that the scion’s house was designed by the Dutch Pritzker Prize winner Rem Koolhas, were “exaggerated.”

“It’s very bloated,” one of the sources said without elaborating on the actual value. The house, which will be a series of boxes stacked together in an irregular pattern, was the first residential commission by Koolhas in 15 years, the article noted. It was named “Stealth” by the younger Antonio himself and will display his art collection, which has come to include two dozen self-portraits of the 36-year-old scion by leading contemporary artists like Julian Schnabel and Takashi Murakami.

Members of the Antonio family were mum on the topic while Roberto, a managing director at Century, did a little stealth act on his own and missed the builder’s annual stockholders’ meeting early this week as he was traveling abroad.

Even as family members downplayed the article, the aspirational nature it suggests is very much in the DNA of Century Properties, which has gained recognition for its co-branding deals with international celebrities like Paris Hilton and Donald Trump. This has also caught the attention of investors. The company widened its analyst coverage to include foreign houses like UBS, Macquarie, Religaire as well as local players Abacus and COL Financial.

We hear two more houses, Maybank ATR KimEng and Philippine Equity Partners, could initiate their coverage as well. Miguel R. Camus "

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