SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has successfully listing its P10 billion Retail Bond Series O at the Philippine Dealing & Exchange Corp. (PDEx). In a statement, the firm said SM Prime Chief Finance Officer John Nai Peng C. Ong and...
PAL-Aircraft_316x210px-1 After slashing operating expenses in the first nine months of 2021, PAL Holdings Inc., the parent company of flag carrier Philippine Airlines (PAL), managed to stem its hemorrhage, bringing down losses from P28.58 billion in the same period in 2020 to P21.61 billion this...
Marcventures Holdings Inc. (MHI) consolidated income during the first nine months of the year surged to P790.31 million, a 384.32 percent increase from the P163.18 million the company had in the same period last year. This is amid the robust third quarter performance of the firm’s subsidiary,...
AC Logistics Holdings Corp., a wholly owned subsidiary of Ayala Corporation, is acquiring a controlling 60 percent stake in the Air 21 Group from Alberto D. Lina for an undisclosed sum. In a statement, AC Logistics said it has signed an Investment Agreement with Lina, Air 21 Holdings Inc. (AHI),...
Diversified engineering conglomerate DMCI Holdings, Inc. more than tripled its consolidated net income to P13.5 billion in the first nine months of 2021 from P3.9 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, consolidated core net income soared 173 percent...
Leading small footprint food and beverage store operator Fruitas Holdings, Inc. is diversifying into the healthcare business. In a disclosure to the Philippine Stock Exchange, the firm said it has entered an agreement to acquire 100% of the shares of Surehealth Multi-Specialty and Diagnostic Clinic...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 9 percent improvement in consolidated net income to P15.6 billion in the first nine months of 2021 from P14.4 billion in the same period last year. In a disclosure to the Philippine Stock...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for the builder of the Makati City Subway, the Department of Finance (DOF) announced. In a statement released by the DOF on Monday, Nov. 8, it said that the FIRB took into consideration the projected increase in...
SM Prime Holdings, Inc. (SM Prime) has joined more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. Created in 2015 by the Financial...
Top mass housing developer 8990 Holdings Inc. reported a 63 percent jump in net income to P5.4 billion in the first nine months of 2021 from the P3.31 billion earned in the same period last year as the real estate sector begins to recover from the impact of the pandemic. In a disclosure to the...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has set the interest rate for its P10 billion Peso-denominated Series O, 7-year retail bond at 5.0994 percent. In a disclosure to the Philippine Stock Exchange, SM Prime said it issued an aggregate...
The Keepers Holdings Inc., the liquor import and distribution business of leading retailer Lucio Co, has set its final follow-on offering price at P1.50 per share which is at the bottom of the reduced price range. Prior to this announcement, Keepers had informed the Philippine Stock Exchange that...
