DDMP REIT Inc., the real estate investment trust subsidiary of DoubleDragon Properties Corporation, successfully listed its shares at the Philippine Stock Exchange but its performance was not as hot as many anticipated. The firm’s shares closed flat at its initial...
AREIT, Inc. (AREIT) reported that the ten properties included in its P15 billion property-for-share swap transaction with its sponsor, Ayala Land, Inc. (ALI) are in Vertis North, Nuvali, Makati, Alabang and Bacolod. In a disclosure to the Philippine Stock Exchange, AREIT said the 205,000 square...
DoubleDragon Properties Corporation has moved at the last minute the listing of the initial public offering shares of its subsidiary DDMP REIT Inc. to March 24, 2021 from the original schedule of March 23. In a disclosure posted by the Philippine Stock Exchange in its website at past 7...
QualiMed Health Network, a member of the Ayala group of companies, reported that it has vaccinated over 1,400 of its healthcare worker population. The QualiMed Health Network, with hospitals in Sta. Rosa, Laguna, San Jose Del Monte, Bulacan, Tanauan, Batangas, and Iloilo City, Iloilo, are among the...
Metro Pacific Hospitals Holdings Inc. reported that it has vaccinated more than 13,000 healthcare workers in its 18 hospitals since the arrival of the first batches of the Sinovac and AstraZeneca vaccines in the Philippines in early March. The network’s three largest hospitals in terms of...
(L-R) UB Vice-President for Academics Dr. Abegayle P. Chua, University President Dr. Hernando B. Perez, CREBA national chairman Charlie A. V. Gorayeb, CREBA national president Noel Toti M. Cariño at the academic partnership agreement signing in 2017. Undertaking education programs has been a...
A 12-hour water interruption will disrupt the lives of as many as 102,656 households in Rizal province due to a maintenance activity that Manila Water Company Inc. will undertake in one of its pumping stations. In a statement, Manila Water said it will undertake maintenance activity at Siruna...
SM Investments Corporation (SMIC) is acquiring the 31.73 percentstake of Chelsea Logistics and Infrastructure Holdings Corporation in 2GO Group Inc., for about P6.64 billion, to gain control of the shipping and logistics firm. In a disclosure to the Philippine Stock Exchange, SMIC said...
Premier contractor firm D.M. Consunji, Inc. (DMCI) has started construction of the P10.5 billion Caloocan-Malabon-Navotas (CAMANA) Water Reclamation Facility (WRF) project of Maynilad Water Services, Inc. (Maynilad). In a disclosure to the Philippine Stock Exchange the firm said the...
AREIT, Inc., the real estate trust sponsored by Ayala Land Inc., announced that its planned share for property swap with ALI will increase its deposited property value to P52 billion. The firm disclosed to the Philippine Stock Exchange that its Board of Directors has approved the increase of...
Property giant Ayala Land, Inc., (ALI) is infusing some identified key commercial properties worth P15.46 billion into AREIT, Inc. under a property-for-share swap transaction. In a disclosure to the Philippine Stock Exchange, ALI said its Executive Committee has approved the subscription to...
D&L Industries Inc., the country’s largest specialty foods ingredients, plastics and oleochemicals firm, is planning to raise up to P5 billion from its first bond offering to fund its P8 billion capacity expansion program. In a disclosure to the Philippine Stock Exchange, D&L said...