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Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake
Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»
MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
REDC anchor investor buys secondary share stake
This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»
MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»
Germany mulling sale of stake in top gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
CPG raises P2 billion from share offer
Century Properties raised P2 billion from the listing of its Series B preferred shares on the Philippine Stock Exchange......»»
Quick look at the week ahead
Domestically, this week is all about the preferred shares listings that we’ll have at the end of the week with Century Properties and CPGPB going live on Thursday, and A Brown and BRNPB/BRNPC going live on Friday......»»
Talisay fire razes P1.2 million worth of properties, displaces 23 families
CEBU CITY, Philippines — A fire that hit a residential area in Sitio Tugas, Barangay Dumlog, Talisay City, Cebu on Wednesday, April 24, resulted to the loss of properties pegged to be worth P1.2 million. Firefighters responded to a fire in the barangay reported at around 5:47 p.m. on Wednesday. READ MORE: IN THE KNOW:.....»»
3 Cebu fires on Tuesday raze over P2.4M in properties
CEBU CITY, Philippines — The 3 Cebu fires that struck Cebu on Tuesday burned over P2.4 million worth of properties and left over 400 individuals homeless. On Tuesday, March 19, 2024, firetrucks can be heard blazing through the streets of Cebu City and Talisay City as they responded to 3 separate fires. At around 11:14.....»»
ED attaches immovable assets worth Rs 4.81 crore of four individuals in J-K bank fraud case
New Delhi [India], March 11 (ANI): The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 4.81 crore of four individuals, including two jewellers and two engaged in tours and travels service, in Jammu and Kashmir linked to a bank fraud case. The attached properties are in the form of 18 Kanal of land and building which pertains to Isfaq Ahmad Zargar of Nikha Ornaments (12.5 marla), Khali.....»»
Duterte himself offered to look after Quiboloy properties
Former president Rodrigo Duterte has admitted it was he who volunteered to manage the properties of the Kingdom of Jesus Christ because his friend and sect leader Apollo Quiboloy “is distracted at the moment.”.....»»
Ex-President Duterte appointed administrator of Kingdom of Jesus Christ properties
DAVAO CITY (MindaNews / 8 March) – Former President Rodrigo R. Duterte has been appointed administrator of the properties of the Kingdom of Jesus Christ (KOJC). This developed after its founder, embattled international evangelist Apollo C. Quiboloy, has gone into hiding amid the serious criminal charges he is facing in the country and in the […].....»»
SSI, Araneta Properties bare new appointments
Specialty retailer SSI Group Inc. and real estate firm Araneta Properties Inc. have announced key executive appointments following recent developments in both companies......»»
P115 million worth of properties up for auction
State-run Philippine Deposit Insurance Corp. is set to dispose P115.1 million worth of various properties of padlocked banks......»»
Worldwide Central Breaks Ground on Vitale Suites, Bringing Singapore-inspired Living to Mandaue
Worldwide Central Properties, Inc. proudly unveiled its latest venture, Vitale Suites, during a groundbreaking ceremony that marked the beginning of a new era for mixed-use residential and hotel developments in Mandaue City. Vitale Suites aims to redefine the landscape of urban living by bringing Singapore-inspired elegance to the heart of Mandaue. Worldwide Central Properties joined.....»»
Laya by Shang Properties: A Visionary Next-Gen Living Experience in Pasig City
Laya by Shang Properties: A Visionary Next-Gen Living Experience in Pasig City.....»»
Talisay City fire: P3M worth of properties lost, 1 firefighter injured
CEBU CITY, Philippines – At least P3 million worth of properties went up in smoke after fire hit a residential area in Sitio Libra, Purok Kamonggay, Barangay Poblacion, Talisay City, Cebu on Wednesday morning. The fire alarm was raised at 8:10 a.m., according to a report by the Talisay City Fire Station. It burned around.....»»
Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches
Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches.....»»