Lucio Co-led The Keepers Holdings Inc., the largest imported liquor distribution in the Philippines, is planning to acquire 100 percent of premium beer importer Booze On-Line Inc. for an undisclosed amount. In a disclosure to the Philippine Stock Exchange (PSE), Keepers said the price is below 10...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a 10 percent increase in consolidated net income to P10 billion for the first nine months of 2024 from P9.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed...
Sy-led SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, reported a 12 percent increase in consolidated net income to P33.9 billion in the first three quarters of 2024 from P30.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter. “Yes, we are poised to list next year. Our target is to be...
SM Prime Holdings Inc., the property arm of the SM Group, has achieved LEED Gold certification for seven of its properties as of 2024. In a statement, the firm said it continues to pursue green certification for its other properties to address climate change and enhance disaster resilience. The...
Consunji-led diversified engineering conglomerate DMCI Holdings reported a three percent improvement in net income to P4 billion for the third quarter of 2024, from P3.9 billion in the previous year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the increase was driven by...
Watsons Philippines aims to achieve its goal of opening 80 more stores in the country this year as the brand celebrated the opening of its 8,000th store worldwide. During a media discussion on Monday, Nov. 4, Watsons announced that its 8,000th store (worldwide) has opened in SM Mall of Asia in...
The Sy family’s SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, is increasing its capital expenditures to P100 billion to P110 billion next year as it continues to expand its core businesses. “Actually, our forecast (capex) for this year is P100 billion but I...
Sy-led SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, is expecting to register record profits this year even as it takes its time to decide when to launch its $1 billion real estate investment trust (REIT) initial public offering. In an interview, SM Prime...
STI Education Systems Holdings, Inc., owner of the largest network of private schools in the Philippines, reported an 84 percent jump in net income to P1.6 billion for the fiscal year ended June 30, 2024, from the P873.8 million earned in the previous year. In its disclosure to the Philippine Stock...
Robinsons Retail Holdings Inc., a member of the Gokongwei Group, reported a 7.6 percent improvement in core net earnings to P4.1 billion in the first nine months of 2024 from the P3.79 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
The SM Prime Group has been recognized as the National Awardee for its SM Life program, winning the People Program of the Yeasr 2024 (Employee Experience and Engagement category) at the People Management Association of the Philippines (PMAP) National Conference in Iloilo on Oct. 17, 2024. (L-R):...
