The Securities and Exchange Commission (SEC) has revoked the corporate registration of Boracay Capital Holdings Inc. after it was found to be offering securities to the public without the necessary licenses from the Commission. In an order dated Sept. 4, 2024, the SEC Enforcement and Investor...
Abacore Capital Holdings, Inc. will be conducting its annual meeting of stockholders on October 17, 2024, 2024, Thursday, 3:00 p.m. via zoom video conferencing platform for online meetings hosted from the principal office in Milagrosa, Quezon City. A copy of the official announcement published...
Abacore Capital Holdings, Inc. will be holding its annual meeting of stockholders on October 17, 2024, 2024, Thursday, 3:00 p.m. via zoom video conferencing platform for online meetings hosted from the principal office in Milagrosa, Quezon City. A copy of the official announcement published in...
MPCALA Holdings Inc., a unit of Metro Pacific Tollways Corporation, to complete the entire 45-kilometer Cavite-Laguna Expressway (CALAX) by the third quarter of 2025. In a statement, the firm said it will open the longest section of CALAX by the first quarter of 2025. The CALAX Governor’s Drive...
DMCI Holdings Inc. expects to complete the process of acquiring 89.86 percent of Cemex Holdings Philippines by end-November after recently securing the greenlights for the $305.6 million deal. In an interview, DMCI Chief Finance Officer Herbert M. Consunji the next step after the PCC approval...
Pangilinan-led Manila Electric Company is gaining a firmer control over SP New Energy Corporation (SPNEC) by raising its interest to 50.5 percent with the acquisition of an additional stake worth P7.5 billion from its founder Leandro Leviste. Meralco PowerGen Corporation (MGen) is buying another...
DMCI Homes, the Philippines’ leader in resort-inspired developments, is developing the site of the former Delta Theater in Quezon City into a 57-storey residential condominium. The Consunji-led property developer announced that it is building One Delta Terraces, a single-tower residential...
Razon-led firm Primelectric Holdings, Inc (PHI) has acquired the 70 percent majority stake in Bohol Light Company Inc. (BLCI), a power utility servicing Tagbiliran City that was divested by SPC Power Corporation, a company chaired by businessman Alfredo Henares. Following the shares unloading of...
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...
DMCI Homes, the residential property development unit of DMCI Holdings Inc., reported that its joint venture with Marubeni Corporation generated P4 billion in reservation sales in just six months of operation. From its January 2024 launch until June this year, 343, or 29 percent of the 1,191...
Fruitas Holdings, Inc., the leading multi-format food and beverage store operator, reported record-breaking financial results for the first half of 2024, with net income rising 49 percent to P65 million. In a disclosure to the Philippine Stock Exchange, the firm said it achieved significant...
The Ty family’s conglomerate GT Capital Holdings, Inc. reported a 17 percent drop in consolidated net income to P13.8 billion in the first half of the year due to one-time gains in 2023. In a disclosure to the Philippine Stock Exchange, the firm said profits improved five percent if excluding the...
