PrimeTime seeks to increase portfolio
Friday, January 09, 2015
PrimeTime CEO Sandy Kelly
It will be boosted by its debt leverage model of P300 million in the next 18 months.
In the financial year ended 31 August 2014, the company’s portfolio value increased to P732 million from P544 million in 2013 as a result of the addition of three new properties in the Prime Plaza.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...