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...
Diversified engineering conglomerate DMCI Holdings Inc. reported a 22-percent drop in consolidated net income to ₱11.8 billion for the first nine months of 2025 from ₱15.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “The...
The Metro Manila residential property market continues to grow more competitive with an expanding range of condominium options available to homebuyers and investors. In this environment, the challenge lies in identifying developments and ownership schemes that deliver true long-term...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
At 76 and 30 years at the helm of the diversified engineering conglomerate DMCI Holdings Inc., Chairman and President Isidro A. Consunji is starting to plan for his retirement, which will be filled with sunshine, as he shifts focus to expanding family-owned plantations covering thousands of...
Despite the condominium glut in certain parts of Metro Manila, DMCI Homes just launched the latest installment of its Mulberry Place project in Taguig City, consisting of one high-rise and one mid-rise building to meet strong demand in the area. The firm said it launched the Taffeta and Zephyr...
Diversified engineering conglomerate DMCI Holdings Inc. reported an 18 percent drop in consolidated net income to ₱9.1 billion in the first half of 2025 from the ₱11.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net...
Manila Electric Company’s (Meralco) local retail electricity supplier has partnered with Conunsji-led DMCI Homes to become the first real estate firm to switch to the Retail Aggregation Program (RAP). In a statement on Tuesday, June 17, MPower announced that it will onboard DMCI Homes’...
DMCI Homes, the residential development arm of Consunji-led DMCI Holdings Inc., sees encouraging signs amid the supply glut in the Metro Manila market as it reports strong buyer engagement and interest in its projects while sales of ready-for-occupancy (RFO) units jumped significantly. DMCI Homes...
Consunji-led DMCI Homes reported that it has so far booked ₱4.9 billion in reservation sales for Moncello Crest in Tuba, Benguet—the company’s second project under its leisure brand, DMCI Homes Leisure Residences. Launched in May 2024, 84 percent of the nearly 700 condotel units in the...
With its earnings now starting to recover, Consunji-led DMCI Homes still expects that it will take about two years before its performance returns to pre-pandemic levels, as it continues to deal with excess inventories while sales are still affected by higher interest rates. In an interview, DMCI...
DMCI Holdings Inc. of the Consunji family reported strong growth in its residential, mining, and water businesses in the first quarter of 2025, but this was offset by its coal, construction, and cement units. In a disclosure to the Philippine Stock Exchange, the firm reported a net income of ₱5.1...
