DMCI Holdings Inc. has secured the approval of its shareholders for the P10 billion cash infusion of parent company Dacon Corporation to fund its share in the acquisition of an almost 90 percent stake in Cemex Holdings Philippines Corporation (CHP). Approved during the special stockholders’...
The Consunji family’s privately-held investment holding company Dacon Corporation is planning to kick off its P1.94 billion tender offer for the minority shares of Cemex Holdings Philippines Inc. (CHP) next month. In a disclosure to the Philippine Stock Exchange, CHP said it has received a copy...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
Diversified engineering conglomerate DMCI Holdings reported a 29 percent decline in net income to P11.1 billion in the first half of 2024 from P15.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the lower earnings is primarily due to...
By JAMES A. LOYOLA The Consunji Group has begun unlocking synergies with its newly acquired Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement for APO Cement Corporation (APO) in Cebu. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, July 15, CHP...
Cemex Holdings Philippines Inc. (CHP), recently-acquired by the Consunji Group, reported that its principal operating subsidiaries APO Cement Corporation and Solid Cement Corporation have bought the right to their cement brands. In a disclosure to the Philippine Stock Exchange (PSE), CHP said APO...
Diversified engineering conglomerate DMCI Holdings Inc. reported that it has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations. In a disclosure to the Philippine Stock Exchange...
Unfazed by weak nickel ore prices, diversified engineering conglomerate DMCI Holdings Inc. is considering new acquisitions in the mining sector including coal, copper and gold assets in the next two to three years. DMCI Chairman and CEO Isidro A. Consunji During the firm’s annual stockholders’...
Diversified engineering conglomerate DMCI Holdings, Inc. reported a first quarter consolidated net income of P5.6 billion, 25 percent lower than the P7.5 billion earned in the same period last year due to lower contributions from most of its businesses. In a disclosure to the Philippine Stock...
Diversified engineering conglomerate DMCI Holdings, Inc. aims to return to profitability by 2025 Cemex Holdings Philippines (CHP), its largest investment to date and its first acquisition in a decade, through synergies within the group. CHP, the Philippines' fourth-largest cement...
The Consunji Group has sealed the deal to acquire a controlling 89.86 percent of Cemex Holdings Philippines Inc. (CHP), the fourth largest cement manufacturer in the country, for $305.6 million in cash after weeks of stock market speculation. In a disclosure posted by the Philippine Stock Exchange...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its board of directors has approved cash dividends amounting to P9.56 billion. In a disclosure to the Philippine Stock Exchange, the firm said the cash dividends consist of a regular cash dividend of P0.46 per common share...
