Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, has divested its majority stake in subsidiary VIA Optronics Holding AG through a management buyout. In a disclosure to the Philippine Stock Exchange, IMI said that its wholly-owned subsidiary Coöperatief IMI Europe...
Just a month ago, Ayala’s mobility solutions group, ACMobility, and Honda Cars Philippines, Inc. (HCPI) announced they would part ways by the end of this year. The two companies jointly announced the transition of their 35-year dealer operations, effective January 1, 2026. As a follow-up to that...
Almost always, the awarding of the Management Man of the Year, given by the influential group, the Management Association of the Philippines (MAP), is a blockbuster event. Yes Virginia, all roads seem to lead to the posh Shangri-La The Fort with most of the head honchos of the country’s top...
International Container Terminal Services Inc. (ICTSI) subsidiary Batu Ampar Container Terminal (BACT) and Interport Mandiri Utama (Interport), in cooperation with Batam Terminal Petikemas (BTP), will officially assume the single port operator role for the North Pier of Batu Ampar Port in...
The Securities and Exchange Commission (SEC) has approved 16 rental pool deals of Sta. Lucia Land Inc. (SLI), processed under the streamlined guidelines for Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT). The Commission En Banc, in a meeting on Nov. 25, resolved...
GCash reported robust uptake for recent stock offerings made available to small investors via its GStocks PH platform, citing oversubscriptions for both the Maynilad Water Services Inc. initial public offering (IPO) and the preferred share sale of Megawide Corp. “Filipinos are increasingly...
SM Hotels and Conventions Corp. (SMHCC), the hospitality unit of SM Prime Holdings Inc., is on schedule to open the ₱3.6 billion SMX Convention Center Seaside Cebu in the fourth quarter of 2026, despite disruptions caused by recent natural calamities. “The recent events in Cebu caused some...
DDMP REIT, INC. will be conducting its annual meeting of stockholders on December 19, 2025, Friday, at 3:30 P.M. through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for the said meeting will be from 9:00 AM November 28 to 6:00...
Ayala Healthcare Holdings Inc. (AC Health) and its Healthway Medical Network are investing ₱200 million to establish and operate dialysis centers in 12 district and provincial hospitals across Iloilo. In a statement, AC Health said the investment is part of a landmark public–private...
DHL Summit Solutions Inc. (DSSI), the joint venture (JV) between DHL Supply Chain APAC and JG Summit Holdings Inc., has acquired 45 new electric vehicles (EVs) and prime movers to strengthen its last-mile delivery business in the Philippines. The firm said the inauguration of its EV fleet marked...
Ayala Land Inc. (ALI) raised ₱4.19 billion from the sale of shares in its real estate investment trust, AREIT Inc., boosting its public float as it prepares for a fresh asset infusion. In a disclosure to the Philippine Stock Exchange (PSE), ALI said it sold 100 million AREIT common shares at...
Top lender BDO Unibank Inc. (BDO) announced it is raising $500 million from the issuance of five-year Fixed Rate Senior Notes under its Medium Term Note Program. In a disclosure to the Philippine Stock Exchange, the bank said that the transaction was more than 3.2 times oversubscribed, with orders...