The Consunji Group has sealed the deal to acquire a controlling 89.86 percent of Cemex Holdings Philippines Inc. (CHP), the fourth largest cement manufacturer in the country, for $305.6 million in cash after weeks of stock market speculation. In a disclosure posted by the Philippine Stock Exchange...
The decline in coal prices globally had prompted 30% dip in the net income of Consunji-led Semirara Mining and Power Corporation (SMPC) to P27.9 billion last year from record-high earnings of P39.9 billion in 2022. According to SMPC President and COO Maria Cristina C. Gotianun, the drop in global...
Consunji-led Semirara Mining and Power Corporation (SMPC) has declared record-high special cash dividends of P14.88 billion, based on the approval granted by its board of directors on October 10 this year. The company noted that the special cash dividends will form part of the payout that it has...
The "man’s world reverie" equated to the energy sector is eroding, but Maria Cristina Consunji-Gotianun, President and COO of Semirara Mining and Power Corporation (SMPC) is adding a formidable femme force to that shifting narrative. Gotianun has successfully conquered the corporate...
Consunji-led Semirara Mining and Power Corporation (SMPC), the country's largest producer of coal, is diversifying into liquefied natural gas (LNG) for the power generation segment of its business amid strong environmental, social, and governmental (ESG) pressures, according to the conglomerate’s...
DMCI Holdings Inc. and subsidiary Semirara Mining and Power Corporation have been included as members of the prestigious 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year. Bloomberg GEI is a modified market capitalization-weighted index that aims to track the performance of...
Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) have been recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC...
Semirara Mining and Power Corporation (SCC) is returning to the 30-company PSE index (PSEi), replacing Security Bank Corporation (SECB), effective Monday, August 8, 2022. In a statement, the Philippine Stock Exchange said Semirara was qualified to be a member of the PSEi based on the results of the...
Consunji-led Semirara Mining and Power Corporation (SMPC) has completed ‘backfilling operations’ at the Panian pit of its Semirara coal mine, one of the biggest open-pit mining ventures in the country. The company indicated that it “fully covered the pit in six years, way ahead of the...
The Armed Forces of the Philippines (AFP) acquired a Short Brothers & Harland SD3-30 transport aircraft which was donated by a mining company on Friday, April 1. The Armed Forces of the Philippines (AFP) receives a Short Sherpa cargo plane donated by Semirara Mining and Power Corporation in a...
The astronomical rise in coal prices in the world market has driven the net income of vertically integrated energy firm Semirara Mining and Power Corporation (SMPC) to grow 244 percent in the nine-month period this year to P10.3 billion from P3 billion in the same period last year. The Consunji-led...
The Consunji-led Semirara Mining and Power Corporation (SMPC) has approved the declaration of P7.4 billion worth of special cash dividends to its shareholders as the company’s financial performance gained traction. The firm said that will be on top of the P5.3 billion worth of dividend payout...
