Zobel-led Ayala Corporation has increased its stake in iPeople Inc., its partnership with the Yuchengco Group in the education sector, by acquiring the interest of A. Soriano Corporation (Anscor). In a disclosure to the Philippine Stock Exchange, Ayala said it has executed with Anscor a Share...
The Ayala Group has forged a private-public partnership with the Department of Education and Khan Academy that aims to boost the key competencies in the country by giving Filipino students and teachers access to 21st century digital learning. In a statement, the group said Ayala Corporation, Ayala...
Putting the spotlight on the sustainable approach to value creation, Jaime Z. Urquijo, Ayala Corporation's chief sustainability and risk officer, highlighted the conglomerate’s journey to long-term sustainability at the recently concluded Manila Bulletin Sustainability Forum on November 19, 2024....
iPeople inc., a joint venture between the Yuchengcos’ House of Investments and the Zobels’ Ayala Corporation, reported a 10 percent growth in enrollment for the school year 2024-2025, resulting in a 54 percent jump in attributable profits in the first nine months of 2024. In a disclosure to the...
Zobel-led Ayala Corporation reported a 19 percent growth in core net income to P36.7 billion in the first nine months of 2024, up from P31 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its performance was anchored by its core units: Bank...
Zobel-led Ayala Corporation is voluntarily asking the Philippine Stock Exchange to suspend the trading of its Preferred “B” Series 2 Shares (APB2R shares) starting Nov. 14, 2024, because it will be redeeming the shares. “We wish to remind the holders of our APB2R shares of our exercise of 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...
Large real estate developers in the country have voiced their support for proposed legislation aimed at extending the Bases Conversion and Development Authority’s (BCDA) corporate term. Filinvest Land Inc. (FLI), Ayala Corp., Megaworld Corp., and Hann Development Corp. have submitted letters of...
Zobel-led Ayala Corporation has successfully raised P15 billion from the public offering and sale of its Preferred Class “B” Shares (ACPB3 shares) which it will list at the Philippine Stock Exchange (PSE) on Oct. 15, 2024. The firm informed the PSE that it reissued and sold five million ACPB3...
Shown in the photo (from left) are Jordan Tan, head of business development of Manila Bulletin; Gian Carlo Borromeo, strategic communications, corporate communications, and public affairs of Ayala Corporation; and Philip Cu Unjieng, project lead of Manila Bulletin Sustainability Forum 2024. Ayala...
Zobel-led Ayala Corporatiion, the country’s oldest conglomerate, has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Company (Metrobank). The loan facility will support Ayala's strategic financing initiatives for its ongoing commitments and...
