The majority owners of the Lopez family are stepping up their opposition against First Gen Corp.’s leadership, alleging that the power producer is bearing the entire financial burden of the multi-billion-peso renewable energy deal while securing only a minority position. In a statement on Friday,...
SM Prime Holdings Inc., the country’s largest property developer by market value, is expanding its commercial footprint in Quezon City to capture resilient corporate demand amid tightening supply of tax-incentive-eligible office spaces in Metro Manila. SM Offices, the commercial leasing arm of...
Fruitas Holdings, Inc. will hold its 2026 Annual Stockholders’ Meeting (ASM) on July 21, 2026 (Tuesday) at 2:00 p.m. via remote communication. Only virtual attendance and voting in absentia will be allowed, while the directors will convene at the Fruitas Building in Sta. Mesa, Manila. The record...
Stock brokerage Unicapital Securities, Inc. (USI) has launched UTrade WealthBasket—an automated investing solution that offers professionally curated and managed stock portfolios to help aspiring Filipino investors invest in local equities. “We developed UTrade WealthBasket to bridge the gap...
The Securities and Exchange Commission (SEC) announced that the International Criminal Police Organization (Interpol) has issued a Red Notice against Maria Francesca Tan in an effort to bring her before Philippine courts for her alleged role in a large-scale fraudulent investment scheme. Published...
Philippine renewable energy firm SunAsia Energy Inc. and Vietnam-based VinEnergo have forged a strategic partnership to develop a $406-million, 422-MWp Solar on Water portfolio in Pampanga and Negros Occidental. During the partnership agreement signing, SunAsia Energy President and CEO Tetchi...
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew Tan, is confident that its growth trajectory remains intact, credit to a diversified investment portfolio that keeps it resilient against ongoing geopolitical challenges. “We entered 2026 with a strong balance sheet and...
Fruitas Holdings, Inc. will hold its 2026 Annual Stockholders’ Meeting (ASM) on July 21, 2026 (Tuesday) at 2:00 p.m. via remote communication. Only virtual attendance and voting in absentia will be allowed, while the directors will convene at the Fruitas Building in Sta. Mesa, Manila. The record...
Zobel-led Ayala Corp. purchased ₱457.45 million worth of shares in its real estate subsidiary, Ayala Land Inc. (ALI), tapping the open market after the steep valuation slide left the country’s premier property developer trading at deep discounts. In a disclosure to the Philippine Stock...
SM Leisure Resort and Residences (SM LRR), a unit of SM Prime Holdings, Inc. (SM Prime), has nearly sold out its Balea Suites at the ₱3-billion Pico Terraces in Hamilo Coast and is on track to turn them over to buyers by the fourth quarter of 2027. Balea Suites is the second residential offering...
In response to the recent earthquake that struck Southern parts of Mindanao, Hyundai Motor Philippines, Inc. (HMPH), offers its Calamity Assistance Program to provide immediate support to affected customers. The program provides tailored packages to give Hyundai customers peace of mind on the road...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
