The fourth section of the P56 Billion, 45-kilometer, Cavite-Laguna Expressway (CALAX), the Silang East Interchange, is now open to motorists. The Department of Public Works and Highways (DPWH), together with MPCALA Holdings Inc. (MHI) today (August 24) inaugurated the interchange which extended the...
Top Frontier Investment Holdings Inc., the owner of 67 percent of San Miguel Corporation, reported that its net income soared 802 percent to P28.15 billion in the first half of 2021 from the P4.01 billion net loss suffered in the same period last year. In a disclosure to the Philippine Stock...
Food and beverage firm Fruitas Holdings, Inc. (FRUIT) reported that it has returned to profitability in the second quarter of 2021 as it registered a net income of P7 million versus a net loss of P27 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
GT Capital Holdings, Inc. reported a 143 percent surge in consolidated net income to P6.7 billion for the first half of 2021 from P2.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate said its core net income increased 83 percent to P5.8...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 12 percent growth in consolidated net income to P11.6 billion in the first half of 2021 from P10.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
Broadcasting firm Philippine Collective Media Corporation (PCMC) has formalized its plans for a back door listing at the Philippine Stock Exchange through Prime Media Holdings Inc. (PMHI). In a disclosure to the Philippine Stock Exchange, Prime Media said it has signed a Memorandum of Agreement...
Greenergy Holdings Inc., the listed holding company of businessman Antonio Tiu, has sealed its investment in ABS-CBN's fintech company U-Pay Digital Technologies Inc. In a disclosure to the Philippine Stock Exchange, the firms said it has completed its move to acquire 51 million shares of stock of...
Businessman Antonio Tiu has bought out a foreign investor in Greenergy Holdings Inc. for P415.5 million as part of pans to consolidate his ownership of Greenergy and AgriNurture, Inc. (ANI). In a disclosure yesterday, Greenergy said Tiu has acquired all the shares held by Thomaslloyd Cleantech...
Fruitas Holdings, Inc. is confident that its business will keep up its 2021 recovery momentum even as new protocols may emerge because of the potential spread of the Delta variant of COVID-19 virus. 20824 In a disclosure to the Philippine Stock Exchange, the firm said this confidence is rooted in...
The Keepers Holdings, Inc., the liquor importation and distribution firm of Lucio Co and formerly Da Vinci Capital Holdings, Inc., is planning to raise up to P7.5 billion through a follow-on offering. According to the Securities and Exchange Commission, the firm has filed its registration statement...
Basic Environmental Systems & Technologies, Inc. (BEST, Inc.), a wholly-owned subsidiary of publicly-listed IPM Holdings, Inc. (IPM), has opened the first of several engineered sanitary landfills in the country using the Public-Private Partnership (PPP) model. Located in Passi City, Iloilo, the...
