Even with the threat of an influx of American cars into the local market, Security Bank Corporation believes its joint venture with Mitsubishi Motors Philippines Corporation (MMPC) can withstand the impacts of the zero tariff on United States (US)-made goods on the competitiveness of Japanese cars....
The Zobel family’s Ayala Corp. (AC) has closed the sale of a 6.5-percent stake in GCash owner Globe Fintech Innovations Inc. (Mynt) to long-time partner Mitsubishi Corp. for ₱18.4 billion after the deal was cleared by the anti-trust watchdog Philippine Competition Commission (PCC). In a...
The Zobel family’s Ayala Corporation and subsidiary AC Ventures Holdings Corporation (ACV) has signed the Investment Agreement for Mitsubishi Corporation’s acquisition of a 6.5 percent stake in GCash owner Globe Fintech Innovations, Inc. (Mynt) for ₱18.4 billion. In a disclosure to the...
Mitsubishi Corporation’s acquisition of an indirect 6.8 percent stake in Globe Fintech Innovations, Inc. (Mynt) is seen to boost investor interest in the planned initial public offering of the GCash owner and its shareholders. Stock analysts said strategic investment by Mitsubishi will also open...
The Zobel family’s Ayala Corporation is selling to long-time partner Mitsubishi Corporation a 6.5 percent stake in GCash owner Globe Fintech Innovations, Inc. (Mynt) for a minimum of P18.4 billion. In a disclosure to the Philippine Stock Exchange, Ayala said it has agreed to effectively sell half...
The Marcos administration’s economic team encouraged major Japanese companies to strengthen their technology expertise in the country to spur industry development and economic growth. On the sidelines of the Philippine Economic Briefing in Japan, the economic team engaged with top executives of...
Century Properties Group Inc. (CPG) has fully acquired PHirst, its first-home residential venture, five years after entering a fruitful joint venture with Mitsubishi Corporation. In a statement over the weekend, CPG Executive Chairman Amb. Jose E.B. Antonio emphasized the strategic importance...
68389 Mitsubishi Corporation awarded the over €1 billion, approximately over P57.5 billion, contract to design and build the turnkey rail system for the Metro Manila Subway to Thales, in a consortium with Colas Rail (lead) and Egis. Thales will design and deploy its latest generation of...
Century Properties Group, Inc. (CPGI) and Mitsubishi Corporation are eyeing a longer and broadened partnership thru their joint venture company PHirst Park Homes, Inc. (PPHI) with the aim of building more residential and non-residential projects. “Our idea here is to increase and broaden our...
