HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
Diversified engineering conglomerate DMCI Holdings Inc. reported a 22-percent drop in consolidated net income to ₱11.8 billion for the first nine months of 2025 from ₱15.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “The...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
At 76 and 30 years at the helm of the diversified engineering conglomerate DMCI Holdings Inc., Chairman and President Isidro A. Consunji is starting to plan for his retirement, which will be filled with sunshine, as he shifts focus to expanding family-owned plantations covering thousands of...
Diversified engineering conglomerate DMCI Holdings Inc. reported an 18 percent drop in consolidated net income to ₱9.1 billion in the first half of 2025 from the ₱11.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net...
DMCI Homes, the residential development arm of Consunji-led DMCI Holdings Inc., sees encouraging signs amid the supply glut in the Metro Manila market as it reports strong buyer engagement and interest in its projects while sales of ready-for-occupancy (RFO) units jumped significantly. DMCI Homes...
DMCI Holdings Inc. of the Consunji family reported strong growth in its residential, mining, and water businesses in the first quarter of 2025, but this was offset by its coal, construction, and cement units. In a disclosure to the Philippine Stock Exchange, the firm reported a net income of ₱5.1...
Consunji-led DMCI Holdings Inc. is cautiously optimistic about the operating performance of the group in the short and medium term based on the bullish prospects of its power, mining, and water. During the firm’s annual stockholders’ meeting, DMCI Chairman Isidro A. Consunji said the...
Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City. In a disclosure to the Philippine Stock Exchange, the firm said the new production...
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
Consunji-led DMCI Holdings Inc. has declared ₱7.97 billion or ₱0.60 per share in total cash dividends following board approval in a special meeting. In a disclosure to the Philippine Stock Exchange, the firm said the declared amount includes a regular dividend of ₱0.35 per share and a special...
DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
