Lopez Holdings Corporation will hold its Annual Stockholders’ Meeting online on Thursday, July 14, 2022. Due to public health concerns, stockholders may participate through remote communication, and cast their votes only through online casting of votes/proxies. Please be advised that the annual...
One of the flagship programs of SM Foundation, the corporate social responsibility arm of the SM group, is its scholarship program. Aside from the college education offerings, the program also provides venues for students who would like to pursue a career in the skilled labor industry. The gradual...
Gokongwei-led private investment firm JE Holdings, Inc. has secured the approval of the Insurance Commission for the acquisition of a stake in Maxicare Healthcare Corp. In a statement on Friday, June 3, Insurance Commissioner Dennis B. Funa said the Gokongwei family, through JE Holdings, now owns...
AyalaLand Logistics Holdings Corporation (ALLHC), the industrial real estate arm of Ayala Land Inc., is expanding its portfolio with the acquisition of 55 hectares of land in Batangas for P677.69 million. In a disclosure to the Philippine Stock Exchange, ALLHC said the acquisition was made through...
SMC Global Power Holdings Corporation is planning to raise up to P40 billion from the issuance of bonds consisting of a P30-billion float with an oversubscription of up to P10 billion. This is the initial tranche of the company’s new three-year Shelf Registration program amounting to P60 billion....
Diversified engineering conglomerate DMCI Holdings, Inc. is considering the merger of its two mining subsidiaries, Semirara Mining and Power Corporation and DMCI Mining, which are now highly profitable due to surging global prices. During the firm’s annual stocholders’ meeting, DMCI Chairman...
GT Capital Holdings, Inc. reported an 18 percent growth in core net income to P4.0 billion in the first quarter of 2022 from P3.4 billion during the same period last year largely propelled its bank and car companies' stronger earnings. In a disclosure to the Philippine Stock Exchange, the...
Empire East Land Holdings Inc., a subsidiary of Megaworld Corporation, reported a 16.4 percent drop in consolidated net profit to P178.7 million in the first quarter of 2022 from the P213.9 million posted in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei group, reported a net loss of P2.8 billion for the first quarter of 2022 from a net income of P526.52 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it sustained its recovery...
GT Capital Holdings, Inc., the holding company of the family of Dr. George S.K. Ty, announced the appointment of Francisco C. Sebastian as chairman of the company’s Board of Directors as former Chairman Arthur V. Ty takes the back seat as director in a move to further professionalize the...
Diversified engineering conglomerate DMCI Holdings, Inc. reported a 165 percent surge in first quarter earnings from P4.3 billion in 2021 to this year’s P11.3 billion, its highest ever for any given quarter. In a disclosure to the Philippine Stock Exchange, the firm said its record-setting...
Bloomberry Resorts Corporation (BLOOM), the gaming firm of the country’s second richest man Enrique Razon Jr., is investing in the delayed Mactan and Clark casino project of Dennis A. Uy’s PH Resorts Group Holdings Inc. (PHR). In a disclosure to the Philippine Stock Exchange, Bloomberry said it...
