Zobel-led Ayala Corporation is implementing plans to ensure a seamless transition in its financial team by bringing Juan Carlos L. Syquia from Bank of the Philippine Islands to groom him as the conglomerate’s next Chief Finance Officer. In a disclosure to the Philippine Stock Exchange, Ayala said...
Zobel-led Ayala Corporation reported a 19 percent growth in core net income to P36.7 billion in the first nine months of 2024, up from P31 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its performance was anchored by its core units: Bank...
The Zobel family’s Ayala Corporation is selling to long-time partner Mitsubishi Corporation a 6.5 percent stake in GCash owner Globe Fintech Innovations, Inc. (Mynt) for a minimum of P18.4 billion. In a disclosure to the Philippine Stock Exchange, Ayala said it has agreed to effectively sell half...
Zobel-led Ayala Corporation has successfully raised P15 billion from the public offering and sale of its Preferred Class “B” Shares (ACPB3 shares) which it will list at the Philippine Stock Exchange (PSE) on Oct. 15, 2024. The firm informed the PSE that it reissued and sold five million ACPB3...
Zobel-led Ayala Corporatiion, the country’s oldest conglomerate, has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Company (Metrobank). The loan facility will support Ayala's strategic financing initiatives for its ongoing commitments and...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, has raised P2.21 billion from the sale of treasury common shares on top of its planned P15 billion preferred share offering. The firm disclosed to the Philippine Stock Exchange, that it sold 3.07 million treasury common shares...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, is launching its planned P15 billion offering of Preferred B shares on Sept. 23 with the offering period to end on Sept. 27, 2024. Based on the firm’s draft prospectus, the dividend rate for the preferred will be set on Sept. 19,...
Zobel-led Ayala Corporation reported a 21 percent growth in net income to P22.3 billion in the first half of 2024 as core net income, which excludes significant one-off items, improved 18 percent to P24.3 billion. In a disclosure to the Philippine Stock Exchange, the country’s oldest conglomerate...
Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
Ayala Corporation has firmed up plans to raise up to P15 billion from an offering of Preferred B shares with the filing of applications with the Securities and Exchange Commission and the Philippine Stock Exchange. In a disclosure to the PSE, the country’s oldest conglomerate said it has...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, has signed a cooperation arrangement with the New Zealand Trade and Enterprise (NZTE) to explore potential business and collaborative opportunities. In a statement, the firm said the signing took place last April 19, when New...
Zobel-controlled Ayala Corporation, the country’s oldest conglomerate, is raising its capital expenditure budget by 14 percent to P284 billion this year from P249 billion in 2023 as it is confident of surpassing last year’s record financial performance. Ayala Corporation stockholders' meeting....
