Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, saw its income going up by 19.4 percent to P1.86 billion during the first nine months of the year, compared with P1.56 billion during the same period last year. Photo from Global Ferronickel Holdings, Inc....
The International Finance Corp. (IFC) is investing in a social bond to be issued by Ayala Corp.’s foreign subsidiary that will fund the development of an integrated health ecosystem in the country. The IFC, a member of the World Bank Group, said on Thursday, Nov. 11, that it invests $100 million...
Diversified engineering conglomerate DMCI Holdings, Inc. more than tripled its consolidated net income to P13.5 billion in the first nine months of 2021 from P3.9 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, consolidated core net income soared 173 percent...
Leading small footprint food and beverage store operator Fruitas Holdings, Inc. is diversifying into the healthcare business. In a disclosure to the Philippine Stock Exchange, the firm said it has entered an agreement to acquire 100% of the shares of Surehealth Multi-Specialty and Diagnostic Clinic...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 9 percent improvement in consolidated net income to P15.6 billion in the first nine months of 2021 from P14.4 billion in the same period last year. In a disclosure to the Philippine Stock...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for the builder of the Makati City Subway, the Department of Finance (DOF) announced. In a statement released by the DOF on Monday, Nov. 8, it said that the FIRB took into consideration the projected increase in...
SM Prime Holdings, Inc. (SM Prime) has joined more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. Created in 2015 by the Financial...
Top mass housing developer 8990 Holdings Inc. reported a 63 percent jump in net income to P5.4 billion in the first nine months of 2021 from the P3.31 billion earned in the same period last year as the real estate sector begins to recover from the impact of the pandemic. In a disclosure to the...
AyalaLand Logistics Holdings Corporation (ALLHC) reported a 117 percent jump in consolidated net income to P402 million for the first nine months of 2021 on strong industrial lot sales. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenues grew 12 percent to P2.6...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has set the interest rate for its P10 billion Peso-denominated Series O, 7-year retail bond at 5.0994 percent. In a disclosure to the Philippine Stock Exchange, SM Prime said it issued an aggregate...
The Keepers Holdings Inc., the liquor import and distribution business of leading retailer Lucio Co, has set its final follow-on offering price at P1.50 per share which is at the bottom of the reduced price range. Prior to this announcement, Keepers had informed the Philippine Stock Exchange that...
Cemex Holdings Philippines Inc. (CHP), one of the country’s top cement producers, reported an 18 percent growth in net income to P897 million for the first nine months of 2021 from the P758 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, CHP said the...
