Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
While the local stock market has been on a steady decline - down to its lowest level in nine months -- analysts do not see much relief as investor sentiment has turned bearish due to a confluence of negative factors. “The local market closed last week at 6,290.27, its lowest close since November...
Driven by its bank and automotive units, GT Capital Holdings Inc., the Ty family’s investment arm, doubled its net earnings in the first half of the year to P16.58 billion from P8.3 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said core net...
Former Finance Secretary Carlos G. Dominguez III has been tapped by the Ty family’s investment arm GT Capital Holdings Inc. as one of its independent directors. Dominguez’s election into the GT Capital Board of directors was announced by the conglomerate in a disclosure to the Philippine Stock...
AbaCore Capital Holdings Inc. committed to continue paying dividends of not less than 10 percent per year to its investors, affirming the company’ strong financial performance. In a disclosure to the Philippine Stock Exchange, the firm said the dividends for the succeeding periods will come from...
Philippine Regional Investment Development Corporation (PRIDE), a subsidiary of AbaCore Capital Holdings Inc., has entered into an agreement with Highsource Prime Building Inc. to undertake various leisure projects at the Montemaria Shrine at an initial cost of P4.2 billion. In a disclosure to the...
GT Capital Holdings, Inc., the Ty family’s investment arm, posted a 72 percent jump in consolidated net income to P15 billion in the first nine months of 2022 from P8.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...
GT Capital Holdings, Inc., the investment arm of the Ty family, reported a 39 percent growth in its core net income to P8.1 billion for the first half of 2022 from P5.8 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate said its consolidated net...
GT Capital Holdings, Inc. reported an 18 percent growth in core net income to P4.0 billion in the first quarter of 2022 from P3.4 billion during the same period last year largely propelled its bank and car companies' stronger earnings. In a disclosure to the Philippine Stock Exchange, the...
GT Capital Holdings, Inc., the holding company of the family of Dr. George S.K. Ty, announced the appointment of Francisco C. Sebastian as chairman of the company’s Board of Directors as former Chairman Arthur V. Ty takes the back seat as director in a move to further professionalize the...
The Ty-led conglomerate GT Capital Holdings, Inc. reported its consolidated net income rose 68 percent to P11 billion in 2021 from P6.5 billion in the previous year on robust contributions from its banking and automotive units. In a disclosure to the Philippine Stock Exchange, GT Capital reported...
