About CEVI
Cañedo Equity Ventures Inc., or CEVI, is a fast growing conglomerate based in Minglanilla, Cebu that includes Frásec Ventures Corp., Celestial Meadows Developers, Paramount Property, 1Kon Philippines, Alami Food and Leisure, The Hive, and its most recent business venture in financing. A diversified group of companies, it is a fast growing stable of organizations into varied pursuits including mining, contracting, memorial parks development and management, housing construction, real estate sales and development, co-working space and financing.

Overseeing eight companies, CEVI ventures into new businesses that include property management, utilities development and management, and technical vocational training and education. It’s operations reach as far north as Bulacan, down to Davao Province and employs some 1,500 workers group wide.
Family Companies








CEVI has launched a strategic 10-year plan aimed at securing a place among the top 10 conglomerates by 2028. This vision builds on the region’s robust economic growth and expansive business potential, driven by the dedication and expertise of its workforce and leadership.

Paramount Property Ventures Inc.
Paramount Property Ventures Inc. is a real estate development company that specializes in building nature-integrated beachfront communities, middle-market housing, and custom lifestyle subdivisions inspired by a vision of growth among a group of dynamic entrepreneurs.
Celestial Meadows Developers Corp.
Celestial Meadows Developers Corp. is a real estate developer that specializes on the development and operations of memorial gardens. For more than a decade now, it has established growing projects in Cebu.


Alami Group
Alami Food and Leisure Group is a lifestyle-based subsidiary focused on delivering premium hospitality, food services, and event operations. It is heavily driven by its flagship brand, Citrus Catering, which handles corporate and social catering across Cebu.
La Cresta Homes
La Cresta Homes is the specialized economic and socialized housing subsidiary of CEVI. It focuses on developing affordable, modern residential communities and integrated shop-houses for hardworking Filipino families down south in Carcar City.


Pacific Utilities & Resources Inc
Pacific Utilities & Resources Inc. is the specialized private utility infrastructure arm of the CEVI. It handles the management, distribution, and sustainable development of critical resource supplies (such as bulk water systems and localized utility lines) across the conglomerate’s master-planned real estate subdivisions and industrial properties.
Formobilt Engineering Excellences
Formobilt Engineering Excellences is the specialized in-house construction and general engineering contracting arm of CEVI. It handles land development, structural site engineering, and the technical execution of subdivision projects for the conglomerate’s real estate brands.


