The Gokongwei Group’s flagship JG Summit Holdings Inc., one of the largest and most diversified Philippine conglomerates, reported that its core net income tripled to P19.6 billion last year from P6.2 billion in 2022. “This robust performance came from the significant turnaround in the...
Consunji: DMCI, Marubeni residential JV a 'game changer' By James A. Loyola The DMCI Homes joint venture project with Japanese global conglomerate Marubeni Corporation is seen to be a “game changer” with the combined experiences of both companies in their respective fields of expertise. DMCI...
The Ty family’s investment arm GT Capital Holdings Inc. (GTCAP) posted an 82 percent jump in core net income to a record high P28.8 billion last year from P15.9 billion earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said consolidated net income rose 57 percent to...
The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Leaning on the robust power generating assets of its various subsidiaries, Aboitiz Equity Ventures (AEV) has sustained its lead as the country’s biggest power producer with total installed capacity of 5,745.221 megawatts, according to data released by the Energy Regulatory Commission. Inching...
Please be advised that SM PRIME HOLDINGS, INC. will be conducting its Annual Stockholders’ Meeting on April 23, 2024 (Tuesday), 2:30p.m. at Forbes Ballroom 1 and 2, Conrad Manila, Seaside Blvd. corner Coral Way, Mall of Asia Complex, Pasay City, and will also be livestreamed for stockholders...
Publicly listed Alternergy Holdings Corporation (Alternergy) had engaged China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI), along with its Philippine subsidiary GEDI Construction Development Corporation (GCDC) as engineering, procurement and construction (EPC)...
EEI Corporation renewable energy unit EEI Power Corporation (EPC) and partner SysNet Integrators Inc. have inaugurated three ParkNcharge (PNC) electric vehicle (EV) charging stations at office buildings owned by SM Prime Holdings Inc. In a disclosure to the Philippine Stock Exchange (PSE), EEI said...
Global Ferronickel Holdings Inc. (FNI), a leading nickel ore producer in the Philippines, reported a 19.6 percent drop in attributable net income to P1.5 billion in 2023, while consolidated net income decreased 15.9 percent to P1.8 billion last year. In a disclosure to the Philippine Stock Exchange...
Please be advised that SM PRIME HOLDINGS, INC. will be holding its Annual Stockholders’ Meeting on April 23, 2024 (Tuesday), 2:30p.m. at Forbes Ballroom 1 and 2, Conrad Manila, Seaside Blvd. corner Coral Way, Mall of Asia Complex, Pasay City, and will also be livestreamed for stockholders...
Maynilad Water Services, Inc., a subsidiary of Metro Pacific Investments Corporation (MPIC), in partnership with DMCI Holdings and Marubeni Corporation, is planning to issue bonds worth up to P15 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue...
SMIC expansion to focus more outside NCR By James A. Loyola The Sy family’s flagship SM Investments Corporation (SMIC) is increasing its focus on the countryside as it continues to see potential for regional development and targeted high growth sectors. In a statement, the firm said...
