AREIT, Inc. (AREIT) reported that the ten properties included in its P15 billion property-for-share swap transaction with its sponsor, Ayala Land, Inc. (ALI) are in Vertis North, Nuvali, Makati, Alabang and Bacolod. In a disclosure to the Philippine Stock Exchange, AREIT said the 205,000 square...
QualiMed Health Network, a member of the Ayala group of companies, reported that it has vaccinated over 1,400 of its healthcare worker population. The QualiMed Health Network, with hospitals in Sta. Rosa, Laguna, San Jose Del Monte, Bulacan, Tanauan, Batangas, and Iloilo City, Iloilo, are among the...
Join Filipina movers Jane Dee, Lea Cruz, Roxanne Ang-Farillas, and Rissa Mananquil-Trillo in a webinar on what it means to be a fearless female Ayala Malls celebrate women’s month by honoring fearless females who inspire new beginnings. This tribute empowers women from all walks of life to...
Singaporean wealth fund GIC Private Ltd, through its affiliate Arran Investment Pte. Ltd., has completed its subscription of 4.0 billion primary shares in Ayala-led AC Energy Corporation (ACEN), which then built up the latter’s cash hoard by additional P11.88 billion. “The private placement...
AREIT, Inc., the real estate trust sponsored by Ayala Land Inc., announced that its planned share for property swap with ALI will increase its deposited property value to P52 billion. The firm disclosed to the Philippine Stock Exchange that its Board of Directors has approved the increase of...
Property giant Ayala Land, Inc., (ALI) is infusing some identified key commercial properties worth P15.46 billion into AREIT, Inc. under a property-for-share swap transaction. In a disclosure to the Philippine Stock Exchange, ALI said its Executive Committee has approved the subscription to...
Volkswagen Philippines, one of the motor vehicle units of the Ayala Group, strongly pivots this year to the distribution of more affordable but of same quality vehicles from China or other markets with less “friction cost” rather than from their products’ source of origin, Germany. Felipe...
Ayala Corporation reported a 16 percent drop in core net income to P26 billion last year as the impact of mobility restrictions weighed down on its various business units. In a disclosure to the Philippine Stock Exchange, the firm said core profit excludes the...
Ayala Land Inc. is giving the businesses of its restaurant tenants a boost by closing some of its streets to allow them to offer al fresco dining in Makati and Bonifacio Global City. Aimed at breathing new life into restaurants in the business districts, the Makati Street Meet, Riverside...
Ayala-led AC Energy Corporation has inked a subscription agreement with its subsidiary firm Giga Ace-4 Inc. for the purchase of common and preferred shares valued at aggregate P2.199 billion. The Ayala firm said it purchased from its subsidiary-firm 43,975,374 common A shares for P219.876 million;...
Ayala Healthcare Holdings, Inc. (AC Health), through Healthway Philippines, Inc. (HPI), has completed its acquisition of a majority stake of Mercado General Hospital Inc. (MGHI). In a disclosure to the Philippine Stock Exchange, Ayala said it purchased shares from White Knight Holdings, Inc., a...
Real estate giant Ayala Land Inc. posted a 74 percent drop in net income to P8.7 billion last year from P33.2 billion in 2019 but is increasing capital expenditures as it is optimistic of a recovery in 2021. In a media briefing, ALI President and CEO Bernard Vincent O. Dy said the firm endured...
