Health technology platform mWell, developed by Metro Pacific Health Tech Corporation, wholly-owned subsidiary of Metro Pacific Investments Corporation, organizes the biggest nationwide online medical mission - National mWellness Day via the mWell PH app on August 27-28. National mWellness Day...
SM Investments Corporation was recently named as a Hall of Famer in the Corporate Governance category of the Asia Responsible Enterprise Awards (AREA) 2022. In giving the award, AREA recognized SM Investments for “demonstrating transparency and completeness of disclosure and reporting of...
Metro Pacific Investments Corporation reported a 24 percent growth in consolidated core net income to P7.5 billion for the first half of 2022, a post-pandemic high, from P6.0 billion a year earlier. In an online press briefing, MPIC Chief Finance Officer June Cheryl Cabal-Revilla said “improved...
SM Investments Corporation (SMIC) reported that the Securities and Exchange Commission (SEC) has approved its acquisition of an 81 percent stake Allfirst Equity Holdings Inc. (Allfirst) in exchange for shares in SMIC. In a disclosure to the Philippine Stock Exchange, SMIC said Allfirst is the...
Carmen's Best Group makes their ice cream using milk produced at Real Fresh Dairy Farms. Photo by Yvette Tan. Metro Pacific Investments Corporation (MPIC) entered a deal with Carmen's Best Group, known for their gourmet ice cream, to acquire a majority stake in The Laguna Creamery Inc (TLCI). The...
Six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey. Based on the poll results published in the Institutional Investor website, the six local firms in the list are D&L Industries Inc., Century...
Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investments company, is acquiring a controlling stake in dairy firm Carmen’s Best Group of the Magsaysay family for P198 million. In a press briefing, MPIC Chairman Manuel V. Pangilinan said they have entered...
SM Investments Corporation, the flagship of the Sy family, posted a 27 percent growth in consolidated net income to P12 billion in the first quarter of 2022 from P9.5 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenues in...
Metro Pacific Investments Corporation (MPIC) reported a 23 percent growth in consolidated core net income to P3.1 billion for the first quarter of 2022 from the P2.5 billion earned in the same period last year. In a media briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A....
SM Investments Corporation announced the release of its Integrated Report for 2021 to communicate the value of sustainable business practices across its portfolio. In a statement, the firm said the report features stories on innovation and community support amid the ongoing impacts of the COVID-19...
SM Investments Corporation is bullish about the outlook for business with the revival of economic activities in the country. “We are encouraged by the continued recovery of our businesses which were severely affected by the pandemic. Our expansion plans remain on track and will accelerate as...
SM Investments Corporation’s shareholders have approved the company’s acquisition of Philippine Geothermal Production Company (PGPC) through the merger of SMIC with PGPC owner Allfirst Equity Holdings. In a statement SMIC said the acquisition is in line with its strong commitment to...
