Renewable energy (RE) firm Alternergy Holdings Corp. announced that its wind subsidiary has gained an award from the Department of Energy (DOE), which would help push through its wind energy development in Albay. In a disclosure to the Philippine Stock Exchange on Thursday, March 27, it said...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a two-percent dip in consolidated net income to ₱28.8 billion for 2024, from the ₱29.3 billion it earned in 2023, due to non-recurring gains in the previous year. Excluding non-recurring gains from lot sales and incentives...
ALLHC President and CEO Robert S. Lao AyalaLand Logistics Holdings Corporation (ALLHC), the leading developer and operator of industrial parks and real estate logistics facilities, has beefed up its nationwide presence by acquiring two logistics parks in Pangasinan and Iloilo. In a...
Consunji-led DMCI Holdings Inc. has declared ₱7.97 billion or ₱0.60 per share in total cash dividends following board approval in a special meeting. In a disclosure to the Philippine Stock Exchange, the firm said the declared amount includes a regular dividend of ₱0.35 per share and a special...
SixE-com Center was designed by the renowned architectural firm Arquitectonica, whose portfolio includes well-known projects such as the Microsoft Headquarters in Paris, the Bronx Museum in New York and the International Finance Center in Seoul. SM Offices, a business unit of Sy-led SM Prime...
DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
Despite lower revenues and earnings last year, Global Ferronickel Holdings Inc. (FNI) is aiming for double-digit revenue growth in 2025 and is allowing ₱711.8 million in capital expenditures to achieve this. In a disclosure to the Philippine Stock Exchange, FNI said it is committed to maintaining...
Ayala-led ACEN Corp. (ACEN) has announced an investment in its subsidiary, Buendia Christiana Holdings Corp. (BCHC), to support potential energy projects. In a disclosure to the Philippine Stock Exchange on Tuesday, March 18, ACEN revealed it signed a subscription agreement with BCHC. ACEN will...
SM MOA Square Solar Rooftop PV System SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, plans to add 20 rooftop solar photovoltaic (PV) projects this year after expanding its solar energy by 49 percent in 2024. In a disclosure to the Philippine Stock...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
SM Investments Corp. (SMIC), the flagship of the Sy-led SM Group, is optimistic about the Philippines’ growth momentum, reaffirming its commitment to the economy’s future. In recent interviews on CNBC and Bloomberg, SM Executive Vice President for Treasury, Finance, and Planning Erwin G. Pato...
Diversified engineering conglomerate DMCI Holdings Inc. of the Consunji Group reported a 21 percent drop in net income to ₱19 billion in 2024 from ₱24 billion in 2023 due to the impact of weaker commodities and electricity prices, lower construction accomplishments, and an anemic real estate...
