Tycoon Lucio Co’s retail holding firm Cosco Capital Inc. has set a new dividend policy while announcing cash dividends amounting to P1.41 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of Directors has laid a new dividend policy with at least 20 percent...
Okada Manila is expecting 2024 to be a better year for the integrated resort and casino on expectation that tourism will be normalized after the Covid crisis is almost over. In an interview, Okada Manila Chief Managing Officer Kenji Sugiyama said, “we still see more opportunity after Covid and...
Healthway Medical Network (HMN), the hospital and clinics arm of Ayala Healthcare Holdings, Inc. (AC Health), has teamed up with leading pharmaceutical company MSD to make cancer products and services more available, accessible, and affordable to Filipino patients. In a statement the firms...
Two firms controlled by tycoon Lucio Co, Puregold Price Club Inc. and The Keepers Holdings Inc., have declared cash dividends with a combined value of P3.91 billion. In a disclosure to the Philippine Stock Exchange (PSE), Puregold said its Board of Directors has announced a 30 percent payout ratio...
Davao tycoon Dennis A. Uy has found a new partner in Japanese gaming firm Universal Entertainment Corporation (UEC), which has agreed to complete the partially-developed Emerald Bay Resort in Cebu. UEC will be developing the casino resort complex through Philippine subsidiary Tiger Resort Leisure...
PH Resorts Group Holdings Inc., the gaming and tourism holding company of Dennis A. Uy’s Udenna Group, reported that it has failed to seal a deal for the sale of its Mactan resort and casino project to AppleOne Properties Inc. In a disclosure to the Philippine Stock Exchange (PSE), PH Resorts...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, was recognized at the recent Steward Leadership 25 (SL25) gathering. The event honors organizations chosen across the Asia-Pacific and Middle East for “demonstrating resolute action to drive...
STI Holdings Inc., owner of the largest network of private schools in the Philippines, sustained its gains for the first quarter of its fiscal year ending in June 2024 with a net income of P19.8 million. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its July to Sept. 2023...
A of unit of Greenergy Holdings Inc. has inked a partnership with a Cainta, Rizal-based consortium for a solar panel project aimed at establishing a sustainable residential community in Bacolod City. In a disclosure to the Philippine Stock Exchange on Friday, Dec. 1, Greenergy said its wholly-owned...
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1, after the firm reported that its public float has been raised to 20.02 percent to meet the minimum public ownership requirement of 20 percent. ...
Healthway Medical Network (HMN), the hospital and clinics arm of Ayala Healthcare Holdings Inc. (AC Health), will be taking over the 300-bed university hospital of Far Eastern University-Dr. Nicanor Reyes Medical Foundation Inc. (FEU-NRMF) in Quezon City. In a statement, Ayala Corporation said they...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, is infusing additional capital of up to P11 billion into its wholly-owned subsidiary JG Summit Olefins Corporation (JGSOC). In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the...
