DMCI Holdings Inc. expects to complete the process of acquiring 89.86 percent of Cemex Holdings Philippines by end-November after recently securing the greenlights for the $305.6 million deal. In an interview, DMCI Chief Finance Officer Herbert M. Consunji the next step after the PCC approval...
DMCI Homes, the Philippines’ leader in resort-inspired developments, is developing the site of the former Delta Theater in Quezon City into a 57-storey residential condominium. The Consunji-led property developer announced that it is building One Delta Terraces, a single-tower residential...
The Consunji family’s privately-held holding company Dacon Corporation is infusing P10 billion into DMCI Holdings Inc. via a private placement of convertible Class B preferred shares to fund the acquisition of the majority stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the...
DMCI Homes, the residential property development unit of DMCI Holdings Inc., reported that its joint venture with Marubeni Corporation generated P4 billion in reservation sales in just six months of operation. From its January 2024 launch until June this year, 343, or 29 percent of the 1,191...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
Diversified engineering conglomerate DMCI Holdings reported a 29 percent decline in net income to P11.1 billion in the first half of 2024 from P15.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the lower earnings is primarily due to...
By JAMES A. LOYOLA The Consunji Group has begun unlocking synergies with its newly acquired Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement for APO Cement Corporation (APO) in Cebu. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, July 15, CHP...
Cemex Holdings Philippines Inc. (CHP), recently-acquired by the Consunji Group, reported that its principal operating subsidiaries APO Cement Corporation and Solid Cement Corporation have bought the right to their cement brands. In a disclosure to the Philippine Stock Exchange (PSE), CHP said APO...
DMCI Homes Leisure Residences, the leisure brand of Quadruple A developer DMCI Homes, is spending P6 billion to develop a new residential resort project located in the municipality of Tuba in Benguet to expand its footprint in northern Luzon. In a statement, the firm said the project - Moncello...
Diversified engineering conglomerate DMCI Holdings Inc. reported that it has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations. In a disclosure to the Philippine Stock Exchange...
Unfazed by weak nickel ore prices, diversified engineering conglomerate DMCI Holdings Inc. is considering new acquisitions in the mining sector including coal, copper and gold assets in the next two to three years. DMCI Chairman and CEO Isidro A. Consunji During the firm’s annual stockholders’...
Diversified engineering conglomerate DMCI Holdings, Inc. reported a first quarter consolidated net income of P5.6 billion, 25 percent lower than the P7.5 billion earned in the same period last year due to lower contributions from most of its businesses. In a disclosure to the Philippine Stock...
