The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
AC Energy Corporation (ACEN), the energy investment platform of the Ayala group, is queuing up to 2.0 billion primary shares for its follow-on offering (FOO) that shall be priced at P6.00 to P8.20 per share. The company said its FOO had already been green-lighted by its Executive Committee, upon...
Ayala-led AC Energy Corporation (ACEN) will be completing its series of P30 billion worth of equity-based fund raising activity by concretizing the third leg via a follow-on offering (FOO) this year. In a briefing with reporters, AC Energy President and CEO Eric T. Francia noted that the P30...
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an...
The Ayala-owned ACE Enexor Inc., an upstream oil and gas investment subsidiary, has announced its formal withdrawal from Service Contract (SC) 6, which is a petroleum exploration block in Northwest Palawan. A disclosure to the...
The aggregate 2,267,580, 434 common shares tendered by Ayala-led AC Energy Corporation (ACEN) via its stock rights offering (SRO) had been fully subscribed and had fetched proceeds of more than P5.37 billion. During the formal listing of ACEN’s stock rights offer at the local bourse, Philippine...
Plans also include new dealerships and perhaps a new K-pop partnership Written by Eric Tipan As the brand introduced a new slogan early this year, Kia Philippines used its ‘power to surprise’ and revealed big plans to drive them to their two main goals in 2021, double market share and...
Swedish motorcycle brand, Husqvarna, is now back in the Philippines. The unique brand, founded in 1903, is known for its eccentric style. This 2021, it returns with fresh optimism for 2021 under its new distributor, Adventure Cycle Philippines, Inc. (ACPI), known for its Austrian motorcycle brand,...
Whether in the mall or at home, experience an elevated Ayala Mall shopping experience thru the Zing app. Ayala malls launches Zing, the ultimate digital mall companion and loyalty app. From fashion to dining, Zing assists the consumers with all shopping needs by giving access to goods and services...
The board of directors of Ayala-led AC Energy Corporation (ACEN) has greenlighted the joint venture deal that the conglomerate’s energy investment arm will be cementing with Solar Philippines Power Project Holdings Inc. (SP) of millennial-businessman Leandro L. Leviste. In a disclosure to the...
AREIT, Inc. (AREIT), a subsidiary of Ayala Land, Inc. (ALI), reaped multiple international awards and citations in 2020 as the first Real Estate Investment Trust (REIT) to list in the Philippine Stock Exchange (PSE) last year. The landmark debut saw AREIT successfully complete its initial public...
To launch six models this year Ayala-owned AC Motors aims to corner at least 10 percent share in the domestic automotive market by 2025, confident of the strength of its five brands global car brands. AC Motors automotive group President Antonio “Toti” Zara III said they would work to achieve a...