Ayala Land Inc. (ALI) raised ₱4.19 billion from the sale of shares in its real estate investment trust, AREIT Inc., boosting its public float as it prepares for a fresh asset infusion. In a disclosure to the Philippine Stock Exchange (PSE), ALI said it sold 100 million AREIT common shares at...
Real estate giant Ayala Land Inc. (ALI) is infusing into AREIT Inc. (AREIT) two malls—Ayala Malls Feliz in Pasig City and Ayala Center Cebu—worth ₱19.5 billion in exchange for new shares, so that retail will now account for over half of the real estate investment trust’s (REIT) portfolio....
Ayala Corp., the country’s oldest conglomerate, has successfully raised ₱20 billion from the issuance of preferred class “B” shares, which it listed on the Philippine Stock Exchange (PSE) on Thursday, June 19. The Zobel-led firm said in a statement that the offering attracted substantial...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, is seeking to expand its consumer retail business after the initial success of its investment in Australian home and lifestyle brand Anko. “We entered the retail space by partnering with Kmart of Australia in setting up the...
From left, Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch Executive Director and Head of Corporate Banking Ruben Victa, Ayala Corporation Treasurer Estelito C. Biacora, SMBC Country Head and Managing Director Yasushi Iwata, Ayala Corporation Chief Finance Officer Alberto M. de Larrazabal,...
Ayala Corporation, the country’s oldest conglomerate, is no longer selling manufacturing subsidiary Integrated Micro-electronics Inc. as the unit has managed to turnaround after measures were taken to cut losses. In an interview, Ayala Chief Finance Officer Alberto M. de Larrazabal said that they...
Zobel-led Ayala Corporation, the country's oldest conglomerate, has secured a €50 million (P3.1 billion) social loan from leading European bank ING to support the portfolio growth of Ayala Healthcare Holdings Inc. (AC Health). In a statement, Ayala said, "this social loan from ING comes at an...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, has raised P2.21 billion from the sale of treasury common shares on top of its planned P15 billion preferred share offering. The firm disclosed to the Philippine Stock Exchange, that it sold 3.07 million treasury common shares...
Ayala Corporation has firmed up plans to raise up to P15 billion from an offering of Preferred B shares with the filing of applications with the Securities and Exchange Commission and the Philippine Stock Exchange. In a disclosure to the PSE, the country’s oldest conglomerate said it has...
The Zobel family-controlled Ayala Corporation, the country’s oldest conglomerate, reported that it will be increasing its group-wide capital expenditures (capex) budget for 2024, higher than the P250 billion it actually spent last year. “We estimated the figure to be higher compared to...
The Zobel-controlled Ayala Group continues to beef up its warchest and hopes to raise $250 million to $400 million from the divestment of its smaller investments as it focuses on the expansion of its ventures into renewable energy, electric vehicles, healthcare, and logistics. In an interview,...
Ayala Corporation, one of the largest conglomerates in the Philippines, has successfully raised US$400 million after setting the terms for a US dollar-denominated fixed-for-life (non-deferrable) senior perpetual issuance on Sept. 16, 2021. In a disclosure to the Philippine Stock Exchange, the firm...
