Alliance Global Group Inc., the investment arm of tycoon Andrew Tan, is now gearing up to develop its casino project in Boracay Newcoast after the President Rodrigo Duterte lifted his ban on the development of casinos on the world-famous resort island. “We will proceed with our casino project in...
The Securities and Exchange Commission (SEC) has ordered R.L. Aggregates and Diversified Lending Group, Inc. to stop soliciting investments from the public through a fraudulent scheme. In an order issued July 26, the SEC ordered R.L. Aggregates to immediately cease and desist from engaging in the...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a net income of P392 million for the first half of 2021, a turnaround from its P603 million first-half loss last year. In a disclosure to the Philippine Stock Exchange, the firm said net income amounted...
Century Properties Group Inc. reported a 16 percent drop in consolidated net income for the first half of 2021 to P457 million while consolidated revenues dipped 2 percent to P4.43 billion despite strong contributions from its affordable housing unit. In a disclosure to the Philippine Stock...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, tripled its net income to P12.8 billion in the first half of 2021 from P4.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said earnings were boosted by its...
LT Group, Inc. (LTG) posted a 63 percent drop in attributable net income to P3.73 billion in the first half of 2021 from the P10.03 billion earned in the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “This is mainly due to the higher provisioning for credit...
Metro Retail Stores Group, Inc. (MRSGI) reported a higher net loss of P181.9 million in the first half of 2021 from the P84.7 million incurred in the same period last year as it continued to reel from the effects of the pandemic. “The prevailing threat of the COVID-19 pandemic undermines the...
PHirst Park Homes Inc. (PPHI), the First Home Buyer Brand of Century Properties Group and Mitsubishi Corporation, is awarding a house and lot package worth P4 million to Hidilyn Diaz for being the Philippines’ first ever Olympic gold medalist. Hidilyn Diaz, salutes during the Philippine national...
Century Properties Group, Inc. is moving forward with its horizontal affordable housing expansion plans this year after it registered strong sales growth in the first semester. During the firm’s annual stockholders’ meeting, CPG President and Chief Executive Officer Marco R. Antonio...
Century Properties Group Inc. has launched its own vaccination drive to protect its 5,000 employees plus their dependents against COVID-19 after acquiring a total of 26,000 doses of various vaccines. In a statement, the firm said it has launched the CPG VacciNATION: Covid-Protect our Generation...
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew Tan, banked on its overseas operations and diversification efforts to ride out the effects of the pandemic. Alliance Global Group Inc. During the firm’s annual stockholders’ meeting, AGI Chairman Andrew Tan said the company...
Investors in the local stock market will be closely watching the COVID numbers after the easing of quarantine measures in the nation’s capital while also waiting for the release of employment this week. “Next week, the local market may decline if our country’s COVID-19 situation further...
