By Angelica Ballesteros Behind the remarkable success of Ayala Corp.—the oldest and one of the largest conglomerates in the Philippines—lies the profound influence of a truly extraordinary woman. Doña Bea Zobel de Ayala, whose unwavering guidance and resilience shaped the very foundation...
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 is once again the highest-ranked Philippine company in the Time World’s Best Companies 2024 list. The World's Best Companies 2024 ranking is a comprehensive analysis conducted to identify the top-performing companies across the globe. This distinction is presented by Time and...
ST Telemedia Global Data Centres (STT GDC) Philippines opened its upgraded facility in Makati City as part of its expansion efforts to raise data center capacity in response to increasing demand. STT GDC is a joint venture between Globe Telecom, Ayala Corporation, and ST Telemedia Global Data...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, is launching its planned P15 billion offering of Preferred B shares on Sept. 23 with the offering period to end on Sept. 27, 2024. Based on the firm’s draft prospectus, the dividend rate for the preferred will be set on Sept. 19,...
Zobel-led Ayala Corporation disclosed that it is paying P22.4 billion for the acquisition of an additional eight percent of Globe Fintech Innovations, Inc. (Mynt), the operator of the GCash platform, from existing shareholders. In a disclosure to the Philippine Stock Exchange providing final...
Zobel-led Ayala Corporation reported a 21 percent growth in net income to P22.3 billion in the first half of 2024 as core net income, which excludes significant one-off items, improved 18 percent to P24.3 billion. In a disclosure to the Philippine Stock Exchange, the country’s oldest conglomerate...
Jaime Alfonso Zobel de Ayala, CEO of ACMobility, automotive arm of the Ayala Group of Companies Getting around town has always been challenging for Filipinos. Even when we don’t need to travel very far, transportation is quite a vital part of our daily routine. It isn’t helping that the high...
Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
The Philippine Red Cross (PRC) and Ayala Corp.’s Healthway Cancer Care Hospital (HCCH) on July 25 signed a memorandum of agreement to make blood supply affordable and accessible to cancer patients. Under the agreement, PRC will deliver blood to HCCH weekly or as necessary during...
Jaime Z. Urquijo, Ayala Corporation’s Chief Sustainability Officer As the effects of climate change are steadily becoming more tangible, we all too often hear one corporation after another pledging to enact more sustainable practices. Yet Ayala Corporation is moving the goalposts further, with...
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...