The Consunji family’s privately-held holding company Dacon Corporation is infusing P10 billion into DMCI Holdings Inc. via a private placement of convertible Class B preferred shares to fund the acquisition of the majority stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
By JAMES A. LOYOLA The Consunji Group has begun unlocking synergies with its newly acquired Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement for APO Cement Corporation (APO) in Cebu. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, July 15, CHP...
Cemex Holdings Philippines Inc. (CHP), recently-acquired by the Consunji Group, reported that its principal operating subsidiaries APO Cement Corporation and Solid Cement Corporation have bought the right to their cement brands. In a disclosure to the Philippine Stock Exchange (PSE), CHP said APO...
Cement manufacturer Cemex Holdings Philippines Inc. (CHP) reported that its net loss almost tripled to P917.8 million in the first quarter of 2024 from the P335.5-million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its revenues for the...
Diversified engineering conglomerate DMCI Holdings, Inc. aims to return to profitability by 2025 Cemex Holdings Philippines (CHP), its largest investment to date and its first acquisition in a decade, through synergies within the group. CHP, the Philippines' fourth-largest cement...
The Consunji Group has sealed the deal to acquire a controlling 89.86 percent of Cemex Holdings Philippines Inc. (CHP), the fourth largest cement manufacturer in the country, for $305.6 million in cash after weeks of stock market speculation. In a disclosure posted by the Philippine Stock Exchange...
Cemex Holdings Philippines reported that its attributable net loss ballooned by 52 percent to P1.24 billion in the first nine months of 2023 from a loss of P819 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the loss is mainly a result of...
Waste and Resources Management Inc. (WARM), a wholly-owned subsidiary of Ayala Corporation's AC Logistics Holdings Corp., and CEMEX Philippines have teamed up to develop, construct, operate, and maintain waste management facilities and solutions around the country. In a statement, Ayala Corporation...
CEMEX Philippines makes a distinct achievement as the first cement company in the country to be certified as a Great Place to Work. This recognition showcases the company's commitment to creating a positive and inclusive work environment for its employees. Great Place to Work certification is given...
Cemex Holdings Philippines Inc. (CHP) reported a consolidated net loss of P1.0 billion for 2022, 238 percent lower than its P725.5 million profit in 2021, mainly as a result of lower sales and foreign exchange losses. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated...
Cemex Holdings Philippines Inc. (CHP), recorded a net loss of P267 million for the first half of 2022 from a net income of P804 million in the same period last year, with a net loss of P528 million incurred during the second quarter. In a disclosure to the Philippine Stock Exchange, the firm said...
