Razon-led International Container Terminal Services, Inc. (ICTSI) reported a 31 percent increase in attributable net income in the first nine months of 2024 to $632.6 million from $484.5 million in the same period last year on the back of higher operating income. In a regulatory filing on Tuesday,...
San Miguel Corporation, the diversified conglomerate controlled by tycoon Ramon S. Ang, has completed its P1.02 billion acquisition of the interests of Razon-led Manila Water Company in two Bulacan water projects. In a disclosure to the Philippine Stock Exchange (PSE), Manila Water said the closing...
Bloomberry Resorts Corporation, billionaire Enrique K. Razon Jr. leisure and gaming business, reported that its subsidiaries have signed a P72.0 billion Syndicated Refinancing Facility with a group of banks. In a statement, Bloomberry said the agreement was signed by its subsidiaries...
Billionaire Enrique K. Razon Jr. is warning the public that he is being used as clickbait through a fabricated news story circulating on Facebook falsely claiming he is being sued by the Central Bank of the Philippines following a "recent interview." Fake news about Enrique K. Razon Jr. being...
Razon-led firm Primelectric Holdings, Inc (PHI) has acquired the 70 percent majority stake in Bohol Light Company Inc. (BLCI), a power utility servicing Tagbiliran City that was divested by SPC Power Corporation, a company chaired by businessman Alfredo Henares. Following the shares unloading of...
Billionaire Enrique K. Razon Jr. is giving away Bloomberry Resorts Corporation (BLOOM) shares of stock to loyal patrons of Solaire Resort & Casino. In a disclosure to the Philippine Stock Exchange, Bloomberry said the board of directors of subsidiary Bloomberry Resorts & Hotels Inc. (BRHI)...
Bloomberry Resorts Corporation, the gaming business of billionaire Enrique K. Razon Jr., reported a 38 percent drop in consolidated net income to P3.97 billion in the first half of 2024 from the P6.42 billion posted in the same period last year. The firm’s disclosure to the Philippine Stock...
International Container Terminal Services Inc. (ICTSI), the ports business of richest Filipino Enrique K. Razon Jr., reported a 34 percent jump in consolidated net income to record $420.55 million in the first half of 2024 from $313.8 million in the same period last year. In a disclosure to the...
Manila Water Company, a utility controlled by richest Filipino Enrique K. Razon Jr., reported a 37 percent jump in consolidated net income to P6.91 billion in the first half of 2024 from P5.05 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Ports and casino magnate Enrique Razon Jr. has surpassed property tycoon Manuel Villar as the wealthiest person in the Philippines, according to Forbes' latest report released on Thursday, Aug. 8. Although the Sy siblings, the heirs of the late SM Group Founder Henry Sy Sr., maintained their...
The Zobel-controlled Ayala Corporation is fully divesting from utility Manila Water Company with the sale of its remaining 23.6 percent stake in the Metro Manila East Zone concessionaire for P14.5 billion to billionaire Enrique K. Razon Jr.’s Trident Water Company Holdings Inc. In a disclosure to...
Bloomberry Resorts Corporation, owner and operator of Solaire Resort Entertainment City and Jeju Sun Hotel & Casino, reported an 11 percent dip in unaudited consolidated net income to P2.6 billion for the first quarter of 2024 from the P3.0 billion recorded in the same quarter last year. ...
