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R. E. REED & Associates, Inc. is
a management and a holding corporation, organized under the Philippine
laws on February, 1995.
The firm was organized primarily to provide:
(1) Financial engineering services to private and
government corporations whose diversified financing needs often require
innovative packaging which are not readily available in the existing financial
market.
(2) Information and technology management services,
as a critical management tool in exploiting income and business opportunities
that are present in both local and global markets.
R. E. REED & Associates, Inc. believes that the
performance index of any corporate or business entity lies on the market
price of its shares. It, therefore, aims to achieve the optimum level
of earnings that can be sustained over a given time horizon; to control
financial risks within acceptable levels; and to maximize the wealth of
the shareholders as measured by the market price of their stocks.
In June of 1997, the firm has formed two divisions
to focus its expertise on emerging markets, namely:
Even Par Sports and Leisure, a division
that caters to sports and leisure management. Tourism being the second
world largest industry is the focus of this division. Its management
team has developed its expertise in operating and managing public and private
golf courses.
Web Based Technologies, a division
that caters to information and technology management. The advent
of computer assisted information system had brought a new dimension in
management of business. Our firm has addressed this change through
the formation of a technology driven management team whose expertise lies
in the development of computer business application software, that run
in the Internet.
Our Software Engineers are SUN Certified Java Programmers.
Java-written software applications have been developed
in the field of finance using the open system. Likewise, the firm
has been appointed as Commercial Application Partner of Sybase; and as
Independent Software Developer-Partner of Sun Microsystems (Phil.).
In June of 1998, REED together with investment/trust
managers from British Virgin Islands (R.G. Asset Management Holdings, Ltd.)
and Banque Paribas International Trustee Ltd. of France had formed an off-shore
fund known as CRAFT, "an opportunity investment fund established at the
British Virgin Islands that seeks to achieve both stable and high net returns
for investors by exploiting discrepancies brought about by economic, financial
and systemic dislocations that happen from time to time in different markets."
This led to the formation of a domestic loan company, Fil-Global Credit
and Asset Management Inc., whose primary focus is the development of consumer
base credit in the Philippines.
In February of 1999, the first subsidiary of the
firm was organized to focus on the development of Internet Access Channels.
This subsidiary company aims to provide the channels that will carry electronic
commerce from business to consumers.
In line with its corporate direction towards information
and technology management, R.E. Reed & Associates, Inc. continues to
develop Internet ready software, while at the same time focusing on database
management.
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