SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, brings all its property groups and stakeholders toward its program, SM Waste-Free Future, on a unified waste management and segregation campaign in response to the growing global crisis on...
Two Gokongwei Group conglomerates landed in the inaugural Fortune Southeast Asia 500 ranking for 2024, a first-time list of the largest companies in the region ranked by revenue for the 2023 fiscal year. JG Summit Holdings, Inc. (JG Summit) ranked 55th among the 500 largest companies in...
Cemex Holdings Philippines Inc. (CHP), recently-acquired by the Consunji Group, reported that its principal operating subsidiaries APO Cement Corporation and Solid Cement Corporation have bought the right to their cement brands. In a disclosure to the Philippine Stock Exchange (PSE), CHP said APO...
Empire East Land Holdings Inc., the low- to middle-income housing subsidiary of Megaworld Corporation, is allotting at least P25 billion for capital expenditures over the next four to five years. During the firm’s annual stockholders’ meeting, Empire East President and CEO Anthony Charlemagne...
SM Prime Holdings Inc., one of the leading integrated developers in Southeast Asia, is set to raise P25 billion following the setting of the interest rate for its Peso-denominated Fixed Rate Bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bond issuance consists of Series...
DMCI Homes Leisure Residences, the leisure brand of Quadruple A developer DMCI Homes, is spending P6 billion to develop a new residential resort project located in the municipality of Tuba in Benguet to expand its footprint in northern Luzon. In a statement, the firm said the project - Moncello...
Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
Diversified engineering conglomerate DMCI Holdings Inc. reported that it has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations. In a disclosure to the Philippine Stock Exchange...
SM Hotels and Conventions Corporation (SMHCC), a member of the SM Group under SM Prime Holdings Inc., is opening 1,700 new hotel rooms in the next four years, largely in the provincial areas to serve the growing local tourism industry. In a statement, SM Hotels said it is adding over 1,400 hotel...
The continuing nationwide expansion of SM Prime Holdings Inc., with the 86th mall opening in Caloocan City, is providing a venue for growth for many small and medium enterprises and communities. In a statement, SM said SM City Caloocan will better connect surrounding urban and rural communities,...
Logistics and remittance firm LBC Express Holdings Inc. reported a P12.34 million net loss for the first three months of 2024 from a net income of P209.78 million in the same period last year mainly due to the increase in non-operating charges. In a disclosure to the Philippine Stock Exchange, the...
The Securities and Exchange Commission (SEC) has approved the shelf registration of SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, for up to P100 billion of fixed-rate bonds and an initial offering worth up to P25 billion. In its meeting on May 23, the...