The Securities and Exchange Commission’s (SEC) move to relax the rule on the single business group (SBG) investment limit will benefit conglomerates with multiple listed subsidiaries, such as the SM and Ayala groups, as well as the planned initial public offering (IPO) of GCash. Under the...
The Zobel family’s Ayala Corporation and subsidiary AC Ventures Holdings Corporation (ACV) has signed the Investment Agreement for Mitsubishi Corporation’s acquisition of a 6.5 percent stake in GCash owner Globe Fintech Innovations, Inc. (Mynt) for ₱18.4 billion. In a disclosure to the...
ACMobility Chief Executive Officer Jaime Alfonso Zobel de Ayala While the domestic automotive industry is still dominated by Japanese giants Toyota and Mitsubishi, Ayala Corp.’s ACMobility has been slowly gaining a bigger slice of the pie thanks to its Kia and BYD electric vehicle (EV)...
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,...
IN THE PHOTO L-R: Shiela Marie B. San Buenaventura, RBG Chief Finance Officer, Ayala Land, Inc. (ALI); Rufino Hermann S. Gutierrez, Senior Marketing Director, AyalaLand International Sales, Inc. (ALISI); Augusto D. Bengzon, Chief Finance Officer & Treasurer, ALI; Mariana Flores, Caculitan,...
From left, Ayala Managing Director Mark Robert H. Uy, Managing Director Mariana Beatriz E. Zobel de Ayala, Executive Director Jaime Alfonso E. Zobel de Ayala, and Executive Director Jaime Z. Urquijo The next generation of Zobels is stepping up the Ayala Group’s corporate ladder to take on bigger...
With strong economic growth and a thriving real estate market, now is an opportune time for Philippine investments. Strategic factors such as location, sustainability, and future potential are key to maximizing returns and long-term portfolio growth. According to a report by the Department of...
Ayala Corp. reported that its core net income, which excludes one-off items, improved 10 percent to another all-time high of ₱45 billion last year from the ₱41 billion earned in 2023 on the strength of its core businesses. In a disclosure to the Philippine Stock Exchange, the firm said that,...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
The relaunch of Ayala Land Hospitality, the hospitality arm of Ayala Land Inc., is set to transform Philippine travel, one that is marked by immersive and inspiring experiences that are unmistakably Filipino. In the next five years, Ayala Land Hospitality (ALH) will heavily invest in refreshed and...
Avida Land, Ayala Land’s mid-market residential brand, launched the final tower of Avida Towers Makati Southpoint, following the strong sales of its first two towers, underscoring Makati’s appeal as a prime residential and investment destination. In a statement, Ayala Land said Makati remains a...
Ayala Land Hospitality, the rebranded hotels and resorts unit of real estate giant Ayala Land Inc., is set to double its portfolio, investing $500 million in expansion and renovation projects through 2030. Ayala Land Senior Vice President for Leasing and Hospitality Mariana Zobel de Ayala In a...
