THE previous two Due

THE previous two Due Diligencers centered on the ownership profiles and compensations of the Zobel brothers. The purpose is to introduce to the readers of The Manila Times the human beings behind the fulfillment and steady profitability of the Ayala conglomerates owned via the Zobel own family.

Due Diligencer based the two articles on to be had postings at the website of the Philippine Stock Exchange (PSE). As for the tax payments of Jaime Augusto Miranda Zobel de Ayala and his younger brother Fernando Miranda Zobel de Ayala, the internet site of the Bureau of Internal Revenue is open to the general public, who may be interested in knowing what maintains its examiners busy.

Finally, right here is why Amaia Land Corp. Was within the lead paragraph of the piece on ownership profiles.

Sad to country right here that the main topic of this piece, Amaia Land, does now not have stocks listed at the PSE. This being the case, Due Diligencer has nothing to reveal our readers what Amaia Land does and the way it contributes to the financials of the conglomerate of the Zobels.

In quick, the overall disclosure rule does not observe to Amaia Land.

Harassment?

Due Diligencer, however, could display something greater no matter Amaia Land’s non-tradable stocks, whether or not not unusual or preferred.

First on the schedule is a poser. How on the earth ought to the owners of Amaia Land tolerate their people who are harassing the corporation’s clients?

Remember, the Zobel brothers had been paid a blended gross reimbursement of P225,802,793 in 2014. Despite those pays and perks, they failed to tell their managers and their people that they should treat fairly the unit shoppers of Amaia’s apartment that has yet to be built on the Nuvali complex in Santa Rosa, Laguna.

Why does Amaia Land, an entirely owned subsidiary of Ayala Land Inc., nevertheless send collection notices to apartment unit shoppers who have already paid their month-to-month amortizations? The business enterprise, an indirect unit of Ayala Corp., has reached other international locations as properly, and these customers have also complained about similar series notices for absolutely paid month-to-month amortizations.

Is this unjust remedy of condominium unit consumers, and perhaps also of house-and-lot packages that Amaia sells, also occurring to the other projects of Ayala Land? Want evidence?

I even have in my possession proof of how Amaia Land has been pestering its condominium unit customers with series notices for absolutely paid monthly bills.

How may want to a property enterprise be so merciless to its customers? One of the clients of Amaia Land obtained a letter dated March 23 for “non-fee of your February 2017 to March 2017 installments.” Upon receiving the letter, the condominium unit purchaser rushed to the financial institution and paid what changed into due Amaia Land, handiest to comprehend later on that he had made paid the same monthly amortizations two times.