Marking 30 years of shared prosperity: SM Prime Holdings' Board of Directors (from left): Hans T. Sy; Amando M. Tetangco, Jr.; Jeffrey C. Lim; and Henry T. Sy, Jr. lead a momentous bell-ringing ceremony with Philippine Stock Exchange's President and CEO, Ramon S. Monzon; Directors Eddie T. Gobing,...
Housing developer 8990 Holdings, Inc. reported that its housing loan takeouts or proceeds from the Home Development Mutual Fund (HDMF or the Pag-ibig Fund) almost tripled last year from P5.96 billion in 2022. During the firm’s annual stockholders’ meeting on July 29, 2024, 8990 President and...
Fruitas Holdings, Inc., the leading operator of multi-format food and beverage stores, has secured another exclusive distributorship through its subsidiary, Balai ni Fruitas Inc. (BALAI). In a disclosure to the Philippine Stock Exchange, Fruitas said BALAI has sealed an agreement with D’ Famous...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land Inc. (ALI) subsidiary, delivered a 22 percent growth in consolidated net income to P413 million in the first half of the year from the P339 million earned in the comparative period of 2023. In a disclosure to the Philippine Stock Exchange...
Over 1,400 new workers are needed by four Japanese companies with manufacturing facilities inside the First Philippine Industrial Park (FPIP) economic zone in the cities of Santo Tomas and Tanauan in Batangas. Prospective employees wait for their turn to fill up application forms during the recent...
The Gokongwei Group’s Robinsons Retail Holdings Inc. (RRHI) announced that it will have a new president, Stanley C. Co, taking the helm from Robina Gokongwei-Pe who will move up as Chairman of the Board of Directors. In a disclosure to the Philippine Stock Exchange, the firm said that, at the...
SM Supermalls, the retail leasing unit of Sy-led SM Prime Holdings Inc., reported a 27 percent improvement in foot traffic to an average of above four million daily visitors in the first quarter of 2024 from 3.3 million in the same period last year. In a statement, SM Investments Corporation...
Investors of SM Prime Holdings Inc. (SMPH) who bought shares during its initial public offering (IPO) in 1994 and held on to them for the next 30 years have now seen their investments balloon by 972.6 percent. (from left): SMPH Executive Committee Chairman Hans T. Sy, SMPH Vice Chairperson...
BACOLOD CITY – Phinma Property Holdings Corp. is investing P12 billion for the development of a new township on the Bacolod-Silay Access Road in Barangay Bata here. PAOLO Reyes, vice president and chief township officer of Phinma Properties (from left); Roberto Laviña, Phinma Properties...
The Philippine Stock Exchange (PSE) has warned Metro Global Holdings Corporation (MGH), a firm controlled by Robert John L. Sobrepeña, that its shares will be delisted in the first week of the ghost month if it fails to increase its public ownership. In a memorandum to stock market...
By JAMES A. LOYOLA A-FLOW Properties I Corp. (A-FLOW), a joint venture between AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, has secured a P2.4-billion loan from the Land Bank of the Philippines (Landbank). A-FLOW said it had signed the loan agreement representing...
By JAMES A. LOYOLA The Consunji Group has begun unlocking synergies with its newly acquired Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement for APO Cement Corporation (APO) in Cebu. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, July 15, CHP...
