The Orchard Golf and Country Club had hosted both international and local golf tournaments, prominently the 1995 Johnnie Walker Classic and the 1996 World Golf Tour. Having developed 11 golf courses, the Sta. Lucia Group gained the distinction of being the Philippines’ leading golf developer....
Ferronoux Holdings Inc., a publicly listed shell company controlled by tycoon Michael C. Cosiquien, is in discussions with potential investors as it considers various options, including the sale of the company. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “We have been...
Tiger Resort Asia Limited (TRAL) has divested its majority stake in publicly-listed Asiabest Group International Inc. (ABG), dashing hopes for the backdoor listing and follow-on offering of integrated resort Okada Manila. In a disclosure to the Philippine Stock Exchange (PSE), ABG stated, “We...
SM Supermalls, the retail leasing arm of SM Prime Holdings Inc., is set to open three new malls in the Philippines and redevelop at least 10 existing ones in 2025 as part of its ongoing expansion and upgrade strategy. In an interview, SM Supermalls President Steven Tan stated that the new malls...
Veteran banker Raul B. De Mesa, Chairman, President, and CEO of Abacore Capital Holdings Inc. and Director of Pacific Online Systems Corporation, has passed away at 81. In a disclosure to the Philippine Stock Exchange, Abacore stated, “His untimely departure has left an irreplaceable void in our...
Insular Life Assurance Co. Ltd. (InLife), a leading life insurance company, has announced its full acquisition of Italy-based Generali Life Assurance Philippines, Inc. as part of a plan to expand its services in the country. According to InLife, acquiring Generali supports its strategy to...
MSpectrum, Inc., a wholly owned solar subsidiary of the Manila Electric Company (Meralco), has partnered with food manufacturer Edward Keller Philippines Inc. (EKPI) to help the latter reduce its carbon footprint and contribute to a more sustainable environment. In a statement, MSpectrum said a...
Ayala Healthcare Holdings Inc. (AC Health), a member of the Zobel-led Ayala Group, is leading the private sector’s efforts to fight the HIV epidemic in the Philippines through a partnership with the US Agency for International Development (USAID). In a statement, the country’s oldest...
JG Summit Holdings Inc., the flagship of the Gokongwei family, reported that Lisa Gokongwei-Cheng has resigned as Chief Digital Officer of the company, effective Jan. 1 next year due to a leadership reorganization. In its disclosure to the Philippine Stock Exchange (PSE), the firm said...
Nissan celebrates its 55th Anniversary with the theme of Go Go Nissan! Nissan Philippines kicked off a year-long celebration of 55 years in the country with Unstoppable at 55, a dynamic two-day event held on November 23-24, 2024, at the Venice Piazza, Grand Canal Mall in Taguig City. The event,...
West Zone concessionaire Maynilad Water Services, Inc. is nearing completion of its CAMANA (Caloocan-Malabon-Navotas) Water Reclamation Facility, which will improve services in South Caloocan, Malabon, and Navotas. In a statement on Tuesday, Dec. 3, Maynilad announced that the P10.5 billion...
Liberty Flour Mills Inc. (LFM) has completed the sale of the Liberty Building to its listed real estate subsidiary, LFM Properties Corporation (LPC), allowing it to focus on its core flour and other food businesses. In disclosures to the Philippine Stock Exchange, LFM and LPC announced the signing...
