Global-Estate Resorts, Inc. (GERI) Stock Price

10.53%
Price Data
₱0.630
₱0.640
₱0.570
₱0.950
₱0.560
Market Data
₱464,490
₱6.92 Billion
21.00
₱0.0300
₱3.69

Company Profile
Global-Estate Resorts, Inc. (GERI) was incorporated on May 18, 1994 as Fil-Estate Land, Inc. (LND) to consolidate the real estate interests and development activities of the Fil-Estate Group of Companies. In 2011, Alliance Global Group, Inc. (AGI) acquired a majority stake in LND and re-branded the Company as GERI to engage in the development of integrated tourism and leisure estates. With this development, the Board of GERI resolved to amend the corporate name to its present name. In 2014, GERI was consolidated under Megaworld Corporation when the latter acquired AGI's stake in the Company. GERI has a diversified portfolio of projects, including integrated tourism and leisure estates development; integrated lifestyle communities consisting of residential, retail, hotel and/or leisure components in natural resort settings. GERI's subsidiaries include Novo Sierra Holdings Corporation; Elite Communities Properties Services, Inc.; Savoy Hotel Boracay, Inc.; Belmont Hotel Boracay, Inc.; Twin Lakes Corporation; Megaworld Global-Estate, Inc.; Oceanfront Properties, Inc.; and Global Homes and Communities, Inc. Source: SEC Form 17-A (2022)
Stock Information
Sector
Property
Subsector
Property
Outstanding Shares
10,986,000,000
Share Type
Common
ISIN
PHY2715C1081
1000