Filipino firm NexGen Energy Corp., a subsidiary of Tiu-led Pure Energy Holdings Corp. (PEHC) is planning to pursue initial public offering (IPO) to partly raise project funding for its targeted 2,350-megawatt renewable energy (RE) development pipeline. According to the company, its blueprinted...
The Sy family’s SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, continues to be optimistic about the prospects of its mall business in China, particularly the Fujian province. SM Supermalls President Steven Tan “We still see a lot of potential for...
Robinsons Retail Holdings, Inc. (RRHI), a member of the Gokongwei Group, reported an 8.5 percent growth in core net earnings to P1.2 billion in the first quarter of 2024 versus the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said core net earnings exclude...
Ayala Land's industrial parks and real estate logistics arm, Ayala Land Logistics Holdings Corporation (ALLHC), is making significant strides towards sustainable development by shifting its cold storage facilities to renewable energy sources. This move aligns with ALLHC's commitment to...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, brought to life the company's long-running commitment to sustainability with the internal launch of its #SMWasteFreeFuture program on April 22, 2024, at the SM Prime Headquarters Office, Pasay City, in time...
The Consunji Group has sealed the deal to acquire a controlling 89.86 percent of Cemex Holdings Philippines Inc. (CHP), the fourth largest cement manufacturer in the country, for $305.6 million in cash after weeks of stock market speculation. In a disclosure posted by the Philippine Stock Exchange...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land, Inc. (ALI) focused on the development of industrial properties, is planning to double its current cold storage capacity by 2025 as demand from importers continue to grow. ALLHC President and CEO Robert S. Lao ...
SM Prime Holdings Inc., one of the largest integrated developers in Southeast Asia, reported that its Board of Directors has approved the declaration of cash dividends amounting to P10 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the dividend is equivalent to...
The Sy family-controlled SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is not likely to push through with the $1 billion initial public offering (IPO) of its real estate investment trust this year due to adverse market conditions. SM Prime President...
The Philippine Stock Exchange (PSE) is preparing to renegotiate its planned buyout of its fellow shareholders in Philippine Dealing System Holdings Corporation (PDS Group) after securing the approval of the Securities and Exchange Commission late last year. In an interview, PSE President and CEO...
Businessman Eusebio Tangco’s STI Education Systems Holdings, owner of the largest network of private schools in the country, has signed a memorandum of agreement (MOA) with the Philippine School of Business Administration (PSBA) and CPA Review School of the Philippines (CPAR) to revolutionize...
Fruitas Holdings, Inc., the leading operator of multi-format food and beverage stores, has successfully raised P200 million from its maiden private placement of corporate notes. In a disclosure to the Philippine Stock Exchange, the firm said the notes issuance was arranged by RCBC Capital...
