HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
Amid the recovery of the consumer market, billionaire Manuel B. Villar Jr. is strengthening management of AllHome Corp. and AllDay Marts Inc. by hiring two retail veterans as their new presidents. In a disclosure to the Philippine Stock Exchange (PSE), AllHome said Frances Rosalie T. Coloma has...
The Securities and Exchange Commission (SEC) has fined Villar Land Holding Corp. and its officers a total of ₱12 million after denying the company’s request for an extension to file required financial reports, citing repeated failure to meet deadlines. The SEC’s investigation was prompted by...
Real estate magnate Manuel B. Villar Jr. ranks as the only Filipino in the top 100 of Bloomberg’s Billionaire’s Index, a list of the world’s 500 richest based on their total net worth. Villar placed 99th in the list with a net worth of $23.1 billion, $617 million or 2.7 percent more than a...
Richest Filipino Manuel B. Villar, founder and Chairman of Vista Land & Lifescapes Inc. and several more publicly-listed companies, released a photo showing him in good health as a response to fake news that he had suffered a heart attack and had passed away in Singapore. The photo, taken inside...
After booking a ₱1.33 trillion gain in property value in its Villar City, Villar Land Holdings Corporation sees more room for capital appreciation since it is still cheaper than comparable estates, while prices will rise with upcoming infrastructure and commercial developments. “The rising...
Vista Land & Lifescapes Inc., owned by the richest Filipino Manuel B. Villar Jr., posted a five percent improvement in net income to ₱3.4 billion in the first quarter of 2025 from ₱3.23 billion in the same period last year due to higher sales and leasing income combined with lower expenses. In...
Villar-led Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers, posted an 11 percent growth in net income to ₱9.36 billion last year from ₱8.45 billion in 2023 due to higher real estate sales and lower expenses. In a disclosure to the Philippine Stock...
Villar-led Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers and the country’s largest homebuilder, has raised $150 million from a syndicated term loan facility arranged by Sumitomo Mitsui Banking Corporation. In a disclosure to the Philippine Stock...
The brown taipan, Manuel B. Villar Jr., who recently disclosed that one of his real estate companies earned ₱1 trillion, is back as the Philippines’ richest man, after being briefly replaced by port and gaming magnate Enrique K. Razon Jr., as ranked by Forbes Magazine. There are 15 Filipinos in...
The future Villar City Golden MV Holdings Inc., the deathcare and property development business of billionaire Manuel B. Villar, saw its profit surge to ₱999.72 billion last year, up from ₱1.46 billion in 2023, as its assets in Villar City appreciated by ₱1.33 trillion. In a disclosure to the...
Vista Land & Lifescapes, Inc. of billionaire Manuel B. Villar Jr. reported a 10 percent growth in net income to P9.1 billion for the nine months of 2024 from the P8.2 billion earned in the same period last year. One of the Philippines’ leading integrated property developers and the...
