The Zobel’s Ayala Group is venturing into the importation and distribution of e-scooters through an $8.5 million (P480 million) joint venture with Gogoro Network Pte Ltd of Singapore (Gogoro SG). In a disclosure to the Philippine Stock Exchange, Ayala Corporation (AC) said it will establish a...
The Zobels’ Ayala Corporation has sold its indirectly-held 92.45 percent stake in German auto parts maker MT Technologies GmbH (MT) for a nominal price which will result in a loss of €26 million or $28.4 million. In a disclosure to the Philippine Stock Exchange, Ayala said its wholly-owned...
Ayala Corporation, the country’s oldest conglomerate, reported a 55 percent jump in core net income to P20.5 billion in the first half of 2023, anchored by solid contributions from Bank of the Philippine Islands, Ayala Land, and ACEN Corporation. In a disclosure to the Philippine Stock...
Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation. Villar Group acquires MCX - Villar-led Prime...
Executives from Prime Asset Ventures, Inc. and Ayala Corporation meet for the signing ceremony for the MCX. Villar-led Prime Asset Ventures, Inc. (PAVI) has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation....
Ayala-led ACEN Corporation has secured government approval to ramp up its energy storage venture as a technology coupling to its 720-megawatt(ac) New England solar farm venture in Australia. In a statement to the media, ACEN Australia said that state-government of New South Wales (NSW) gave a...
COOPERATION AGREEMENT – President Ferdinand R. Marcos Jr. witnessed the signing of the Cooperation Agreement between Jaime Augusto Zobel de Ayala, Chairman of the Board of Directors of AC Industrial Technology Holdings, Inc. and Zero Motorcycles Chief Executive Officer Sam Paschel for the...
President Ferdinand “Bongbong” Marcos Jr. on Monday, May 1 (US time), witnessed the signing of a a memorandum of agreement (MOA) between Integrated Micro-Electronics Inc. (IMI) of the Ayala Group and California-based Zero Motorcycles that would bring some 200 jobs to the Philippines for the...
Those keen to make the shift to electrified mobility but are wary of the lack of charging stations and charging wait times have a new brand to look forward to, Gogoro Smartscooters. A global technology leader in battery-swapping ecosystems, Gogoro is [finally in the...
Ayala Corporation will hold its Annual Stockholders’ Meeting on April 28, 2023 (Friday) and will be conducted virtually via [http://www.ayalagroupshareholders.com/](http://www.ayalagroupshareholders.com/) . A copy of the official announcement published in Manila Bulletin broadsheet is shown...
NOTICE IS HEREBY GIVEN that the annual meeting of stockholders of AYALA CORPORATION will be conducted virtually via [http://www.ayalagroupshareholders.com/](http://www.ayalagroupshareholders.com/) on Friday, April 28, 2022 at 9:00 o’clock in the morning with the following agenda. A copy of the...
Ayala Corporation, the Philippines’ oldest conglomerate, is raising up to P25 billion from the planed issuance of preferred shares. In a disclosure to the Philippine Stock Exchange, the firm said it plans to issue preferred shares with a base amount of P10 billion up to...
