Ayala-led AC Energy Philippines Inc. (ACEN) has slated February next year as the offer period for its stock rights offering (SRO), in which 2,267,580, 434 common shares will be issued. The stock listing has been priced at P2.37 per share, based on approval that it had secured for its SRO from the...
Ayala Healthcare Holdings, Inc. (AC Health), through Healthway Philippines Inc. (HPI), has signed agreements to acquire a controlling stake of Mercado General Hospital, Inc. (Qualimed), which owns or has interests in the Qualimed Health Network. In a statement, AC Health said the addition of...
The energy investment arm of the Ayala group will be injecting additional investments of P10.81 billion for greenfield solar and wind power projects in the Luzon grid. AC Energy President and CEO Eric T. Francia The board of directors of AC Energy Philippines had green-lighted secured loan...
Ayala Corporation revealed more about its succession plan with the announcement that Chairman Jaime Augusto Zobel de Ayala (JAZA) will be giving up his concurrent position as Chief Executive Officer in favor of his brother, Ayala President Fernando Zobel de Ayala (FZA). In a disclosure to the...
Ayala Corporation, the country’s oldest conglomerate, announced that it will be appointing its Chief Finance Officer Jose Teodoro “TG” K. Limcaoco as the new President of Bank of the Philippine Islands next year. Jose Teodoro “TG” K. Limcaoco In a statement, the firm said Ayala...
The Philippines has no choice. The only way to recover from the pandemic is to go digital. So says Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala, popularly known as JAZA. Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala (Ayala Corp / MANILA BULLETIN) “We realized...
The subsidiary of Japanese firm Marubeni Corporation has inked a shareholders’ agreement with the energy investment arm of the Ayala group to firm up its acquisition of 50-percent stake in the corporate vehicle for the latter’s 150-megawatt Pililla diesel power project. The deal was cemented...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
During the Yuletide season, Filipinos love to come together as one family, and experience the holidays with cheerful joy and laughter over traditions such as Noche Buena and Simbang Gabi . One such integral part of modern Paskong Pinoy celebrations is the annual visit to Ayala Triangle Gardens for...
Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan. ACE Enexor Chairman and CEO Eric T. Francia “We’re beginning to...
Despite the huge impact of the ongoing pandemic, the Ayala group of companies is not taking its eyes off the threat of climate change and remains committed ensure that its businesses will weather this coming crisis. Ayala...
The energy investment arm of the Ayala Group will be raising additional US$500 million to US$600 million from its targeted cash-raising activities next year, so it can cover the bulk of equity that it will need to inject on its targeted renewable energy (RE) projects in the Philippines and...
