Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, is planning to raise up to P20 billion from a proposed bond issue with a base amount of up to P8 billion, with an oversubscription option of up to P12 billion. The issuance will come from the Company’s fourth and final...
Aboitiz Equity Ventures Inc. reported a 12 percent dip in consolidated net income to P11.8 billion in the first half of 2022 from the P13.5 billion recorded during the same period last year. In a disclosure to the Philippine Stock Exchange, AEV said it recognized non-recurring gains of P2.7...
On 'techglomerate' rebirth Aboitiz recasts competitive playing fields By MYRNA M. VELASCO Businesses worldwide are all pacing for a very fragile post-pandemic recovery and they’re in that crossover while competitive playing fields of corporates are also undergoing tectonic shifts. By far, the...
The Aboitiz Group recently bagged the prestigious Agora Award for Outstanding Achievement in Advocacy Marketing in support of the United Nations Global Compact. The award is given by the Philippine Marketing Association to Philippine-based companies that have institutionalized advocacy marketing,...
Aboitiz Equity Ventures Inc. has firmed up its plan to raise up to P10 billion through the issuance of bonds which have been given the highest triple-A rating by Philippine Rating Services Corporation (PhilRatings). PhilRatings said it has assigned an Issue Credit Rating of PRS Aaa, with a Stable...
Despite the existing threat of African Swine Fever (ASF), which has been pulling down the country’s pork supply, Pilmico Foods Corp., the food unit of listed conglomerate Aboitiz Equity Ventures Inc. (AEV), is still looking to increase its hog production. Pilmico said in a statement that it...
Aboitiz Equity Ventures Inc. reported a 47 percent fall in consolidated net income to P8.3 billion in the first nine months of 2020 from the P15.7 billion posted in the same period of last year. In a disclosure to the Philippine Stock Exchange, the firm said it recognized non-recurring losses of P5...
