Senate President Francis “Chiz” Escudero on Thursday, March 6 welcomed the announcement of a joint venture between Nickel Asia Corporation and DMCI Mining Corporation to develop a nickel processing plant in the country. He called the partnership a “monumental stride” in adding...
Nickel Asia President and CEO Martin Antonio G. Zamora and DMCI Mining President Tulsi Das C. Reyes The Consunji Group’s DMCI Mining Corporation, an emerging nickel producer, and Zamora-led Nickel Asia Corporation have teamed up to explore the feasibility of developing and operating a...
DMCI Homes, the residential unit of DMCI Holdings Inc., is still optimistic about the real estate market despite current challenges, emphasizing that housing remains an essential need for many Filipinos. In a statement, DMCI Homes President Alfredo Austria said that, as new families and households...
Emerging nickel producer DMCI Mining Corporation, a member of the Consunji Group, is ramping up output and earnings as it triples the number of its operating mines to three this year, up from just one for most of 2024. In a disclosure to the Philippine Stock Exchange, the firm said it plans to...
DMCI Homes, the residential real estate unit of DMCI Holdings, is looking to hire over 1,000 skilled workers to build the P24 billion Kalea Heights, marking its expansion to Cebu City. In a statement, the firm said it is looking for construction workers, engineers, architects, accountants, sales...
DMCI Holdings Inc., the flagship of the Consunji family, now expects its newly-acquired cement firm, Concreat Holdings Philippines Inc. (CHP), formerly Cemex Holdings Philippines Inc., to return to profitability in three years instead of the initially projected one year. In an interview, DMCI Chief...
Off-grid energy provider DMCI Power Corporation (DPC), a DMCI Holdings subsidiary, announced that its first renewable energy (RE) project will begin operations this year. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 16, DPC stated that the Semirara Wind Project aims to...
The Consunji Group’s DMCI Holdings Inc. may be shelving its plan to develop a new cement manufacturing plant on Semirara Island that would have utilized by-products from the coal mining operations of Semirara Mining and Power Corporation (SMPC). In an interview, DMCI Chief Finance Officer Herbert...
The Consunji Group, through DMCI Holdings Inc., Semirara Mining and Power Corporation, and Dacon Corporation, has completed the acquisition of Cemex Asian South East Corporation (CASEC) for $272 million—lower than the earlier announced $305.6 million. In a disclosure to the Philippine Stock...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter. “Yes, we are poised to list next year. Our target is to be...
Consunji-led diversified engineering conglomerate DMCI Holdings reported a three percent improvement in net income to P4 billion for the third quarter of 2024, from P3.9 billion in the previous year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the increase was driven by...
The Consunji Group’s flagship DMCI Holdings Inc. has declared a special cash dividend of P6.4 billion or P0.48 per common share for shareholders on record as of October 30, 2024. In a disclosure to the Philippine Stock Exchange, the firm said ex-dividend date has been set on October 29, 2024...
